South Korean authorities said marine engineering company SI Innotec’s $12 million contract to supply equipment to a Taiwanese shipbuilder posed a national security threat because it might trigger economic sanctions from its top trading partner, China, which claims Taiwan as its territory. According to a Feb. 17, 2022, police affidavit obtained by Reuters, SI Innotec’s...
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Category: Policy Updates
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CFIUS Urged to Forge Partnerships to Protect Private Data, National Security
Nathan Fisher, managing director at StoneTurn, has emphasized the need for the Committee on Foreign Investment in the United States to strike a balance between enabling economic growth and protecting national security interests, particularly with regard to sensitive data. In an opinion piece published in the Global Banking & Finance Review website, he suggests that this...
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Cybersecurity Leaders Urge Europe to Reconsider CRA Vulnerability Disclosure Requirement
Cybersecurity experts from Google, Trend Micro, i2Coalition and other companies, nonprofits and academic institutions around the world have published an open letter calling on policymakers from the European Commission to reconsider a portion of the Cyber Resilience Act. In 2022, the EC proposed the CRA to require technology manufacturers to take responsibility for a product’s...
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Reuters: US Updating Restrictions on Exporting AI Chips, Chipmaking Tools to China
A U.S. official revealed that China has been informed of U.S. plans to update the rules banning the export of artificial intelligence chips and chipmaking tools to Beijing, according to a Reuters report. The rules were first implemented in October 2022 as part of Washington’s effort to address national security concerns, hinder China’s efforts to...
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SAP NS2’s Procurement Solution Achieves ITAR Compliance
SAP National Security Services has achieved International Traffic in Arms Regulation compliance for its end-to-end procurement solution SAP Ariba, enabling the company to deploy the product on Google Cloud Assured Workloads. The Google Cloud platform is designed for running more secure and compliant software on the cloud environment, including ITAR workloads. Integrating SAP Ariba with...
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Switzerland Hosts Industrial Security Working Group Conference in Zurich
Switzerland hosted the 2023 plenary meeting of the Multinational Industrial Security Working Group as chair of the collaborative body. The event in Zurich from Sept. 11 to 15 saw more than a hundred participants from over 30 countries. The United States attended the plenary through representatives from the Defense Counterintelligence and Security Agency’s Industrial Security Directorate, including...
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France to Reduce Military Presence in Africa, Deploy More Forces in Pacific
France plans to reduce its military footprint in Africa and deploy more security forces in the Indo-Pacific region, according to Gen. Stéphane Mille, the chief of staff of the French Air and Space Force. At a news briefing on Monday, the general said France will pull back military forces from Africa in the future. He...
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Australia Outlines Six ‘Cyber Shields’ Strategy Against Digital Threats
Australia has introduced its first national strategy to address the increasing number of cyberattacks targeting individuals and organizations across the nation. Clare O’Neil, the nation’s first cabinet minister for cybersecurity, unveiled the plan during the Australian Financial Review’s 2023 Cyber Summit on Monday. According to O’Neil, who is also the minister for home affairs, the strategy...
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UK Defense Chief Calls for Integration of Emerging Tech Into Armed Forces
The British military needs to advance the development and deployment of new technologies most useful in the modern battlefield, according to Royal Navy Adm. Tony Radakin, chief of the defense staff at the U.K. Ministry of Defence. In his keynote speech at the 2023 Defence and Security Equipment International trade show on Thursday, Radakin said...
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Australia Lays Out AUKUS Investment Plans for Nuclear Submarines
Australia is investing early in American shipyards so that delivery of Virginia-class nuclear submarines to the Royal Australian Navy can be fast-tracked to the early 2030s, the service’s Vice Adm. Jonathan Mead said during an Australian Strategic Policy Institute conference in Canberra on Friday. Appointed in July as the inaugural director-general of the Australian Submarine...