Obama calls for 35% cybersecurity spending bump

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr President Obama called for a 35% increase in federal cybersecurity spending when he sent his final budget blueprint to Capitol Hill Monday.“Cybersecurity is one of our most important national security challenges,” Obama said in a statement accompanying the budget. “As our economy becomes increasingly digital, more sensitive information is vulnerable to malicious cyber activity.” continue reading »last_img

NCUA bans 7 from future work in FIs

first_imgThe NCUA in September issued five prohibition notices and two prohibition orders, which prohibit individuals previously associated with credit unions from any future participation in the affairs of a federally insured financial institution.Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. The names and details from last month’s prohibitions include the following:Richard Fortney, a former institution-affiliated party of Mid East Tennessee Community Credit Union in Decatur, Tenn., agreed and consented to the issuance of prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board’s claims against him.Connie Marie Kent, a former employee of Topeka Post Office Credit Union (now 1st Kansas Credit Union) in Topeka, Kan., pleaded guilty to the charge of embezzlement. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Driving in Oregon declines yet again

first_imgPORTLAND (AP) — You may not believe this if you’re a regular victim of rush-hour gridlock, but Oregonians are driving less.At its 2004 peak, the average distance traveled per person per year in Oregon was 9,936 miles, according to analysis of traffic data by The Oregonian newspaper.The number dropped to 8,836 miles during the 2008 recession and has continued to fall — to 8,548 in 2012 — despite the improving economy.The figures reflect a national trend researchers call “driving light.” Motorists often get behind the wheel only when they must, such as getting to and from jobs at the same time as everybody else — hence the bottlenecks.“They’re certainly not becoming anti-car,” said Jackie Douglas, executive director of the Boston-based alternative-transportation advocacy group LivableStreets Alliance and widely credited with coining the term “driving light.” “But with the cost of driving, along with tightening budgets and changing attitudes, more households are realizing they don’t need to drive everywhere and they don’t need a car for every family member who can drive.”Other numbers show the trend may continue. In 2003, 85 percent of 16-to-21-year-old Oregonians were licensed to drive. It’s now 71 percent. Also, passenger vehicle ownership has increased only 4 percent in the past decade, even as Oregon’s driving-age population jumped 14 percent, Oregon Driver and Motor Vehicle and U.S. Census statistics show.In a few areas, vehicle registration has grown with the population. Since 2002, for example, the number of Washington County residents has increased 16 percent to 547,672 and the number of registered passenger vehicles is up 14 percent to 418,265, suggesting that development patterns, industrial expansion and TriMet cuts in the fast-growing Portland suburbs have left them as car-dependent as ever.last_img read more

Online booking sites under threat

first_imgSource = e-Travel Blackboard: P.T When it comes to booking international holidays, Australians are stepping away from the online environment and reverting back to traditional travel agencies, says Wotif head.“People have tended to go back to bricks-and-mortar agencies (when travelling overseas) and that’s been very much our view as to how the market will play out,” Wotif chief executive Robbie Cooke told AAP.According to Mr Cooke, while travellers are happy to book domestic travel online, they had “some hesitation” doing so for international travel.Pointing to an increase in package holiday bookings and the strength of the Australian dollar, Mr Cooke expects a flat first half profit for the online travel company.Wotif recently announced plans to lift its commission by one percentage point from January, with a second increase expected to follow next year, enabling the company to continue investing in sales and product initiatives.The online travel company recently expanded into the realm of holiday home rentals and added domestic and international flight booking capabilities to its portfolio.last_img read more