Trump's potential second term may transform tech: deregulation could boost AI and pro-crypto policies, sparking growth. Big Tech and blockchain look to thrive, but climate tech may face challenges. Silicon Valley braces for innovation amid ethical and environmental considerations.
China’s "Salt Typhoon" hackers have breached U.S. telecoms, raising cyber tensions. Experts warn of the threat to international stability, emphasizing the need for collaborative strategies to prevent escalation amid ongoing economic competition.
The EU’s ESMA calls for mandatory crypto cybersecurity audits as threats grow, while the U.S. expands AI in defense with a focus on responsible use. Both moves underscore the need for stricter tech policies to safeguard assets and uphold ethical standards in evolving digital realms.
Biden Admin. Addresses US Port Security Challenges Posed By China
The US is bolstering port cybersecurity due to concerns over Chinese-made cranes. Biden's executive order will mandate enhanced cybersecurity and reporting, targeting potential espionage and cyber risks from China's dominance in US port infrastructure.
US Takes Cybersecurity Steps Against ‘Risk’ Posed By China
US President Joe Biden and the American coastguard are taking measures to address cybersecurity concerns related to China's presence in the country's port infrastructure.
Biden will sign an executive order mandating maritime vessels and facilities to enhance their cybersecurity and report cyber incidents.
Over the next five years, the administration plans to invest over $20 billion in US port infrastructure, including efforts to bring American crane manufacturing onshore.
Rear Admiral Jay Vann, commander of the US Coast Guard Cyber Command, announced cybersecurity requirements for owners and operators of Chinese-manufactured cranes in the US.
The coastguard, housed under the Department of Homeland Security, will establish baseline cybersecurity requirements for the entire marine transport system.
US officials fear that Beijing could remotely manipulate Chinese-manufactured cranes to disrupt goods flow and gather information on US military shipments.
Lawmakers have expressed concern about security risks posed by cranes from Shanghai Zhenhua Heavy Industries (ZPMC), a state-owned company, citing cyberattacks, espionage, and supply chain vulnerabilities.
Chinese-made ship-to-shore cranes dominate the global market, constituting nearly 80% of cranes at US ports. The coastguard has assessed the cybersecurity of 92 Chinese-made cranes out of over 200 installed at American ports.
The embassy of China in Washington dismisses these concerns as "paranoia-driven" attempts to hinder bilateral trade and economic cooperation.
Besides tensions with China, the Biden administration is also motivated by the threat of criminal cyber activity, prompting the executive order to broaden the coastguard's authorities in responding to cyber threats.
This includes giving the coastguard control over vessels presenting known or suspected cyber threats.
Concerns extend beyond economic considerations to potential national security risks associated with cyber threats and criminal activities.
Trump's potential second term may transform tech: deregulation could boost AI and pro-crypto policies, sparking growth. Big Tech and blockchain look to thrive, but climate tech may face challenges. Silicon Valley braces for innovation amid ethical and environmental considerations.
The EU’s ESMA calls for mandatory crypto cybersecurity audits as threats grow, while the U.S. expands AI in defense with a focus on responsible use. Both moves underscore the need for stricter tech policies to safeguard assets and uphold ethical standards in evolving digital realms.
Amazon, Microsoft, and Google are turning to nuclear energy for AI data centers. Amazon invested in X-energy, Google partnered with Kairos Power, and Microsoft aims to revive the Three Mile Island plant, highlighting a shift toward nuclear power.
Chinese hackers allegedly breached U.S. telecoms tied to Harris and Trump campaigns, highlighting election security gaps. AI-driven deepfakes and disinformation also surge on social media, raising risks to democracy as voters near Election Day.