In April 18, 1775, Boston and a soon to be fledgling nation faced a certain threat against a massive attack surface originating from thousands of miles away via the sea. At the onset of the American Revolutionary War, Paul Revere collaborated with volunteers at Boston’s Old North Church to hang either one or two lanterns on the church steeple. Their code communicated to other communities and organizations – in real-time – the attack-vector British troops were using for their approach. This first example of public-private information sharing is immortalized in the famous line of the Henry Wadsworth Longfellow poem: “One if by land, and two if by sea.”Then, as now, information sharing is a critical tool in the major threats businesses face. The nature of the cyber threat is different than anything else we’ve ever known or have been able to address in our business and legal systems – so, like Paul Revere, organizations have to think about it differently and craft different solutions. The U.S. Congress is meeting this week to consider a legislative framework for approaching cyber threats. Elected representatives are debating the merits and content of legislation concerning, among many things, information sharing and liability relief. Both of those topics are mission critical in today’s environment to counter threats faced today, and those that will be faced tomorrow.Real-time actionable cyber threat information sharing between and among private and public sectors is needed to address diverse technology and business objectives. Through effective open and robust information sharing, organizations have a better success rate against the effects of malicious actors. Working together we maximize the reach of our cyber workforce in defending the public and private sectors from an ever changing threat environment.We need to accept that current advanced protections don’t work. Furthermore, without evolving the security model – they will continue to not work. We know that point products, signature-based defensive approaches, and even traditional strategies are not enough to address the challenge. To overcome the threat posed by adversaries we need real-time information sharing across the public and private sectors. And of course, this data must be consumed, understood and acted on by advanced security teams capable of processing it immediately.Information sharing, and the pending legislation, should allow the effective dissemination of near real-time actionable information, hopefully machine readable, that can assist new efforts to defeat malicious actors. We need this information – threat intelligence – because the old strategies of protecting the perimeters don’t work. We need visibility, access, and agility to see what the malicious actors are doing in our networks. Yes – they are in our networks. We need to prevent them from succeeding in their ultimate objectives. Information sharing will assist our ability to quickly detect and respond to these malicious actors and Congressional action should support those operational principles.Today, 240 years after Paul Revere’s midnight ride, society may not be recognizable, but the principles that those American Patriots and Sons of Liberty espoused are visible. The cyber threat highlights one similarity: we, people and organizations around the world, face an existential threat to our way of life that can only be mitigated by a cooperative approach. Private companies, and governments, alone cannot overcome the myriad threats we face – they don’t have the resources or capabilities. Hopefully, current legislative action will help achieve what is needed to preserve and protect the principles fought for so many years ago.
INDIANAPOLIS — View from the Bleachers Courtside will be bringing you reflections, musings and the occasional analysis live from the Big Ten Tournament. And yes, someone was foolish enough to give me a courtside seat here at Conseco Fieldhouse.This will be a running column with my thoughts from each game. Since I will be posting on my own, there are no copy editors and no one to tell me Helen Keller jokes are a bad idea.Proceed at your own risk.? In a manner of two seconds we just saw Michigan players, coaches, fans and a less-than-impressive band go from “That cute girl just bought me a drink! Happy” to “Oh, it was meant for the football player on my right Sad”.For those who missed it — or, you know, actually went to class today — a gutsy performance from Michigan left Blue fans feeling their slim March Madness hopes were still alive for one more game. The Wolverines led Ohio State by two points with 2.2 seconds remaining after Manny Harris remembered that he is supposed to be a good basketball player and took over down the stretch.Then Evan Turner happened.Receiving the ball with his momentum heading up court, Turner took two dribbles, gathered himself and fired a 35-footer. Of course it was good.The question is, why was Turner allowed the ball at all?There was 2.2 seconds left. That means no time to get the ball back to the inbounder. Why not double Turner and make David Lighty or William Buford beat you? Why allow the likely National Player of the Year a shot at all?While this has yet to be explained, the answer to why Michigan will be playing in the NIT, is quite obvious.? The Badgers failed at basketball’s most basic goal Friday — they simply missed shots.Wisconsin won the turnover battle 17-5, grabbed 11 offensive rebounds to Illinois’ two and forced 11 steals.The energy level was there. The most valuable skill in basketball, however, was not.UW shot an appalling 18 percent from the field in the first half, finished the game with a grade-school like 28.6 percent shooting and only scored eight points in the first ten minutes of the second half. Trevon Hughes led the team with 14 points…but shot four-of-16. Sharpshooting Jason Bohannon finished the game with a one-for-10 stat line and Jordan Taylor beat the both of them shooting three-of-nine.There is a joke here about building the Edgewater Hotel with all of those bricks, but its too obvious even for me.? Much was made in the media room after the Wisconsin game about McCamey’s improved defense from last Sunday.That is just not true. McCamey remains an atrocious defender. The Badgers low shooting percentages were much more them missing decent looks than anything the first team All-Big Ten guard did.The biggest clue McCamey is lost on the defensive end? Look at his eyes. Instead of staring at the stomach or chest like every fifth grade is taught, McCamey looks at his man’s face. He continued to bite on fakes and allowed Trevon Hughes to find space in the lane multiple times — where Hughes just missed shots.Averaging nearly seven assists per game, McCamey may have Steve Nash’s vision on the offensive end, but he also has the Canadian’s deficiencies protecting the hoop.? Most Obnoxious Fans Award hands down goes to the Purdue base.Through sheer energy, volume level and most importantly, extreme stupidity, the Boilermakers blew out the competition, and frankly, it wasn’t even close.Now please, Boiler shut up.Special mention goes to who appear to be Purdue guard Chris Kramer’s parents.By bellowing after every single bit of contact, screaming “three seconds” at the refs — when Purdue was on offense curiously — and generally making complete asses of yourself, you have explained very clearly how Chris got his reputation in the Big Ten.Ironically, if the refs took your advice on physical contact, defensive stalwart Chris would be a useless player in the Big Ten.Keep it classy Kramers.
Pro Temp Albert Chie– Nominees From MFDP, EPS, Commerce, LME, Youth & Sports, Others Confirmed YesterdayThe President Pro Tempore of the Liberian Senate yesterday disclosed that President George Weah has submitted 83 nominees for various posts in his government and that the Senate has so far confirmed 35.Senator Albert Chie, during his first briefing at his Capitol Building office yesterday, also disclosed that the Senate is receiving reports that some of the nominees are already ‘conducting the business of government’ without the approval of the Senate.“All those officials that were not confirmed are advised not to conduct the business of government either in their offices or outside of their offices,” he admonished.Speaking for the first time on the recent fracas involving some accredited journalists at the Legislature and the Sergeant-at-Arms, the Grand Kru County lawmaker said a team has been set up by the Press Union of Liberia and the Senate to find out what really happened, “and once we have received their report we will come back to you with the findings.”Pro Temp Chie informed the media that the Senate decided to use the Joint Chamber as its temporary seat for business and to also ensure effective communication among them as lawmakers and between them and the media.The Senate, according to Sen. Chie, is planning to hold its first retreat during the last week in March.The Pro Temp also confirmed that the Senate has received a letter from President Weah announcing the withdrawal of Justice Minister-designate Charles Gibson who, according to Executive Mansion sources, was already rejected by the Senate.He then clarified that the Senate did not make any recommendations in this regard to the President, but that on the contrary, the committee that conducted the hearing was still doing due diligence on the process when the President’s letter was received.Sen. Chie concluded his briefing by disclosing that there has been serious instances of theft of materials, including electrical wires and other important items, at the site of the construction of the two annexes to the Capitol Building, but assured that security has been beefed up through the contracting of a private security firm.Meanwhile several nominees yesterday received recommendations from separate committees for their confirmations, among them were Commerce Minister-designate Wilson Tarpeh; Lands, Mines, & Energy Minister-designate Gessler Elbert Murry; and D. Zeogar Wilson, Minister of Youth and Sports-designate. The Senate also completed the election of the Senate Secretariat and the Sergeant-at-Arms.In the method of nomination for a single candidate, the Senate thrice unanimously voted by the show of hands to retain J. Nanborlor F. Singbeh, Secretary of the Senate; Genevieve Massaquoi, Assistant Secretary; and Brigadier General Toe Cheleh Toe, Sergeant-at-Arms, for the next six years.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
September 29, 2011 443 Views in Data, Origination, Secondary Market, Servicing Mortgage rates again smashed records Thursday by falling to new lows as investors continued to flee Europe, buying up safer U.S. Treasury debt, keeping interest rates low, and setting up all-time highs for housing affordability, according to “”Freddie Mac””:http://www.freddiemac.com/. Finance Web site “”Bankrate.com””:http://www.bankrate.com/ differed by posting slight upticks for the benchmark 30- and 15-year fixed-rate mortgages.[IMAGE]The disagreement between the two rate-trackers crests on separate weekly surveys. Freddie found rock-bottom rates by drawing data from a bevy of lenders for the “”Primary Mortgage Market Survey””:http://www.freddiemac.com/pmms/, while Bankrate.com culled information from the nation’s top 10 banks and thrifts for its own survey.According to the GSE, rates for the 30-year loan collapsed to 4.01 percent, averaging 0.7 points, a steady slope downward from last week, which recorded 4.09 percent ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô still below 4.32 percent from the same time last year. Bankrate.com contrasted the breathtaking plunge by duly noting a rise in interest rates for the 30-year loan to 4.30 percent, averaging 0.37 discount and origination points.For the 15-year fixed-rate mortgage, Freddie denoted a 3.28-percent drop, with an average 0.7 points, still below 3.29 percent ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô still down from 3.75 percent seen for the same loan at the same time last year. [COLUMN_BREAK]The finance Web site found the 15-year rising to 3.47 percent, with the 30-year jumbo following not far behind at 4.87 percent.Adjustable-rate mortgages (ARMs) hovered for Freddie at about the same level seen last week, with 5-year Treasury-indexed ARMs unchanging at an average 3.02 percent from last week and the 1-year inching up to 2.83 percent this week from 2.82 percent last week. Bankrate.com found rates for the 5-year ARMs scaling up to 3.13 percent, with those for the 7-year hitting 3.33 percent.New lows for mortgage rates track decisions by the Federal Reserve to move forward with a short-term Treasury buy-up. “”Fixed mortgage rates fell to all-time record lows this week following the Federal Reserve’s announcement of its Maturity Extension Program and additional purchases of mortgage-backed securities,”” Frank Nothaft, VP and chief economist with Freddie, said in a “”statement””:http://freddiemac.mediaroom.com/index.php?s=12329&item=66434. “”Interest rates for ARMs, however, were nearly unchanged as the Federal Reserve plans to sell $400 billion in short-term Treasury securities, which serve as benchmarks for many ARMs,”” he added.In a separate “”statement””:http://phx.corporate-ir.net/phoenix.zhtml?c=61502&p=irol-newsArticle&ID=1611279&highlight=, Bankrate.com told a different story, saying, “”After falling in each of the past eight weeks and setting new record lows for 5 consecutive weeks, mortgage rates were higher this week. Optimism that Europe can avoid a full-blown financial meltdown gave markets a boost, and that resulted in mortgage rates moving up.””The finance Web site added a caveat: “”But with the backdrop of a weak U.S. economy, slower growth around the globe, and the Federal Reserve reinvesting in mortgage-backed bonds, mortgage rates are destined to stay low in the months ahead.”” Freddie: Plunging Mortgage Rates Smash New Records Adjustable-Rate Mortgage Agents & Brokers Bankrate Federal Reserve First-Time Homebuyers Fixed-Rate Mortgage Freddie Mac Housing Affordability Investors Lenders & Servicers Mortgage Rates Processing Service Providers 2011-09-29 Ryan Schuette Share