On August 5th 2011, President Obama announced his Administration’s initiatives aimed at reducing the unemployment rate of veterans, a specific sector of the population that has been hit hard by the tough economy. According to the Bureau of Labor Statistics (BLS) “Employment Situation of Veterans News Release” for 2011, the unemployment rate among veterans was at staggeringly high levels.
Blog Post | By Calvin Ngo | Apr 23, 2013 | Comments (0)
Blog Post | By Calvin Ngo | Apr 01, 2013 | Comments (0)
In February, headlines were made and US-China bilateral relations were complicated when a 74-page report issued by the US cybersecurity firm, Mandiant, directly linked China to cyber attacks against the United States for the first time. Prior to the release of Mandiant’s report titled “APT1: Exposing One of China’s Cyber Espionage Units,” most firms and US offices would [...]
Blog Post | By Jon Levin | Mar 16, 2013 | Comments (2)
Updated: GSA’s System for Award Management (SAM) Admits Security Vulnerability: Names, Taxpayer Identification Numbers (TINs) & Bank Information Potentially Compromised
Last night at 10:55PM eastern, users of the GSA’s System for Award Management (SAM) were sent an email by Amanda Fredriksen, the Acting Assistant Commissioner of the Integrated Award Environment informing them of a severe security vulnerability of the system, including the potential breach of names, taxpayer ID numbers and bank information associated with their accounts.
Blog Post | By Calvin Ngo | Mar 04, 2013 | Comments (0)
Covering the consequences felt by the sequestration problem even before it occured in the last post, we now shift our attention to the big elephant in the room. That is, what are the current predictions of shocks to the economy due to the massive $1.2 trillion cuts in government spending (over 10 years) to the economy?
Blog Post | By Calvin Ngo | Feb 23, 2013 | Comments (0)
With less than 2 weeks until March 1st and the beginning of the automatic, across-the board spending cuts known as sequestration seeming more legitimate of a fear each day, many are left to wonder what the real economic consequences may be.