Regulatory DataCorp wants to market database to government, private-secotr clients
By UPI
Updated: 08-4-2011 2:19 pm
U.S. security firm Regulatory DataCorp says it has more than 1 million people and groups on its anti-terror database that it wants to market to government and private-sector clients worldwide.
The security industry has seen a dramatic surge in business since it expanded into data processing and intelligence gathering in the aftermath of the Sept. 11, 2001 attacks on the United States.
After a slackening of interest in 2010, business picked up as mounting Internet crime brought additional opportunities for security firms. Cybercrime now covers a wide spectrum of malicious and violent activity, from organized computer hacking for profit or politics, drug and gun crime to terrorism.
Regulatory DataCorp, Inc., a global provider of decision-ready intelligence and risk and compliance protection services, said its anti-terrorism database contains more than 1 million records of individuals and groups. It didn't list the number of groups, nationalities or geographical spread.
RDC says it collects public source records on terrorist and organized crime figures and groups with minute-to-minute screening of international law enforcement watch lists, foreign and English language media, specialty publications, as well as tens of thousands of hard-to-find sources around the world.
It said the anti-terrorism data strategy is "overseen by a respected network of former officials from senior ranks" in the U.S and global law enforcement and intelligence community.
The company said it provides government and private-sector clients with "user-friendly and decision-ready intelligence on individuals and groups linked to terrorism," continuously monitors its lists to alert customers of any changes.
Analysts said the company appeared to be seeking to build upon the work of several government and non-government services in the United States and abroad. Sensitive data and information translated from regional languages into English is a major growth industry capitalizing on corporate and government concerns.
However, data quality sold by security firms is about as good or current as it prepares clients before the next outrage, as witnessed after the attacks July 22 in Norway.
Nearly all think tanks and security analysts paraded on international television were wrong when speculating about the source of the attack in the first few hours after it happened.
RDC Chief Executive Officer Thomas Obermaier said, "We dig deep behind the headlines and turn over every rock to assemble the world's largest public source data set on terrorism to help our users comply with the U.S. government's mandate to disrupt the flow of funds directed to known terrorists around the world."
The million-plus records RDC holds offer clients an unrivaled quantity and quality of rich biographic and geographic details concerning even the smallest elements of terrorist cells that operate as the building blocks of global terror organizations, Obermaier said.
RDC's data collection strategy is built on the same foundation that allowed the company to create world's largest public source data set on other sanctioned activities, including narcotics trafficking and transnational organized crime, the company said.
The company notes that its anti-terrorism database alone "nearly eclipses" the total holdings of other risk data providers, and will continue to grow at an accelerated rate.
"It is testimony as much to our cutting-edge technology as it is to the collective insights, expertise and relentless passion of our team concerning national security issues," RDC said.
RDC says it continuously updates its global public source archive of key U.S., U.N., European, Canadian and Australian terrorism watch lists.
RDC is a Bain Capital and Goldman Sachs portfolio company and has headquarters in Wilmington, Del.
Smart Card Alliance, NFC Forum to host conference
New conference to focus state of near field communications technology and its application
BY SIW EDITORIAL STAFF
SecurityInfoWatch.com
Updated: 06-21-2011 8:33 am
The Smart Card Alliance, a not-for-profit association dedicated to advancing the adoption of smart card technology, recently announced that it will partner with the NFC Forum, a non-profit industry association that focuses on developing specifications and educating the market about Near Field Communication (NFC) technology and its applications, to co-host a conference next spring.
According to a statement, the NFC conference will focus on the state of the technology, NFC ecosystem development, use cases for NFC-enabled applications, NFC implementation, and the North American and international markets for the technology.
"The development of NFC-based applications and services has gone through dramatic change in the last few months, and 2012 is going to be the year when many new business partnerships, technologies and applications will hit the market," said Randy Vanderhoof, executive director of the Smart Card Alliance. "We are launching this new conference in response to the industry’s demand for more education and networking opportunities around NFC. We are looking forward to building a conference agenda that explores the many exciting NFC-enabled applications that enrich consumers’ lives, including payments, coupons, loyalty, ticketing, IT network and building access, identity and healthcare."
A date and location for the conference will be announced later this year.
Schlage to drop SecureKey product line
Decision leads to 'amicable resolution' between Schlage and Kwikset
BY SIW EDITORIAL STAFF
SecurityInfoWatch.com
Updated: 08-3-2011 12:06 pm
Access control products maker Schlage, a business unit of Ingersoll Rand, announced earlier this week that it will no longer manufacture or ship its SecureKey line of products after Dec. 31.
The SecureKey technology is used inside the cylinder of residential door locks to enable re-keying of the lock without removing if from the door. After Dec. 31, the company said that it will begin using pin and tumbler re-keying technology.
According to a statement, the decision to no longer make or ship the SecureKey line has also facilitated an "amicable resolution" to litigation between Schlage and its competitor Kwikset. Kwikset filed a lawsuit against Schlage in 2010 alleging that its SecureKey products infringed on patents held by the company. Details regarding the settlement will remain confidential.
"The SecureKey cylinder is only a mechanism to re-key a lock; the core Schlage product that consumers have come to prefer and trust for their security remains the same," John Evans, Ingersoll Rand president of residential security solutions said in the statement. "We remain confident in our SecureKey products and will continue to provide customer support and honor all valid product warranties."
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