DETROIT - The Pure Michigan Micro Lending Initiative will launch with an initial $5 million commitment by Huntington Bank for a pilot program in Detroit to be allocated as a loan to Detroit Development Fund, Governor Rick Snyder's office announced Monday. The Development Fund will lead a collaborative of micro lending partners, including the Detroit
LANSING - Michigan will receive nearly $42 million from the pharmaceutical manufacturer Johnson & Johnson as part of a national settlement over the use of drug marketing schemes for anti-psychotic drugs to both the elderly and children. Most of the money to be paid to the state will go back into the Medicaid program, which
LANSING - Although it was sent with no recommendations, the Public Service Commission and the Michigan Energy Office Monday sent their final report on renewable energy to Governor Rick Snyder with updated data and an added section describing energy planning. The new report reiterates the draft report's contention that from a technical perspective, it is
TENAFLY, N.J. - No business can avoid ?the cloud.? Some embrace cloud based services with enthusiasm as a formal way of delivering all or part of a given organization?s IT requirements, whilst others grudgingly accept them because it is near impossible to stop individual users or lines of business from building them in to business
TENAFLY, N.J. - One of the security-related topics that has the least actual impact on enterprise security has been getting the most attention from the security press and the security Twitterverse: the Edward Snowden NSA surveillance disclosures. If you made a list of the top 100 risks to any company (or any individual) NSA intercepting
TENAFLY, N.J. - As we approach the Internet of things, more and more things are keeping tabs on me. My toaster is watching me, and the blender is looking at me funny. Increasingly companies that collect data will have to have robust privacy policies about what they collect and store, who they share it with,
TENAFLY, N.J. - A European judge recently blocked a security researcher's paper describing how to bypass a car's immobilizer theft-protection system. The Next Generation of airline control systems is designed to efficiently improve air travel, but the new system reportedly uses no encryption on its communications links, and is also missing authentication mechanisms meaning false
TENAFLY, N.J. - How do you defend against something that's never been seen before? That's the key question organizations struggle with. A decade ago, the first victims of any worm or virus outbreak had difficulty defending against a brand-new threat, leaving resources vulnerable until the attack could be detected and signatures created. Today the ultimate
TENAFLY,N.J.- Two secure email services, Lavabit and Silent Circle, on Wednesday announced the formation of the Dark Mail Alliance. The announcement at the Inbox Love email conference in Mountain View, California, follows the shuttering of the services in August. At that time Lavabit founder Ladar Levison said he was forced to close after pressure was
LANSING - Michigan's overall business climate has improved markedly, and the state still continues to improve at a rate faster than others, but national business leaders still do not have good perceptions of the state, contends a report issued Wednesday by the group Business Leaders for Michigan. The state now ranks in the top 10