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Oracle to Buy BEA Systems for $8.5 Billion

2008-01-16 14:00:30 by Tim Bass in The Complex Event Processing Blog
 
...billion deal This means that Oracle will now have an event processing platform, the Oracle WebLogic Event Server to compliment their product line Reference: Oracle Strikes Deal to Buy BEA Systems for $8.5 Billion (Wall Street Journal By JOHN FLOWERS January 16, 2008 8:14 a.m Oracle Corp. said it will acquire BEA Systems in a $8.5 billion deal...
 
Tags: bea systems, oracle, bea, acquire bea systems, oracle strikes deal, bea chairman, bea share, share, eyed bea
 
 
 
 
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Army $200 Billion Reboot Fizzles; Murtha Wants $20 Billion More

2008-03-10 19:15:00 by Danger Room in Wired Security
 
The Army's gargantuan digital modernization plan has turned so rotten, a new congressional report says it's time to start thinking about killing it off. One powerful representative has another plan: Pump another $20 billion into the sickly, $200 billion behemoth
 
Tags: billion, billion behemoth, powerful representative, congressional report, army, time, plan, sickly, start
 
 
 
 
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$160 Billion Robotic Army Network Passes First Big Test. Kinda.

2008-04-30 04:00:00 by David Axe in Wired Security
 
...billion, 20-year plan to build a high-tech family of networked robots and hybrid-electric armored vehicles. The Future Combat Systems program, co-managed by Boeing and consultants SAIC, aims to equip roughly a third of the Army with 14 new vehicle types that are connected constantly to a vast communications net The theory behind the FCS is...
 
Tags: fcs network devices, fcs, network, fcs network hardware, test, radios, network radios, army, fcs coffers
 
 
 
 
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War-Funding Bill: $50 Billion for Robo-Planes, Gear

2008-05-08 18:30:00 by Danger Room in Wired Security
 
The Defense Department is keeping plump war-time budgets fat to fund a "longer war on terrorism" with lots of new gear. A new $165 billion House defense-spending bill goes well beyond what troops need on the ground in Iraq -- $50 billion is allocated for the latest manned and robotic aircraft, as well as new aerial and weapons systems
 
Tags: billion, billion house, weapons systems, robotic aircraft, war, gear, defense department, bill, fund
 
 
 
 
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NSF wants $6.85 billion to fund cybersecurity, other research

2008-02-05 00:00:00 by HASH0x8b53e94 in Network World on Security
 
The National Science Foundation asked the federal government for a $6.85 billion budget for fiscal year 2009 -- a 13% increase over its actual fiscal 2008 budget and a 6.5% jump over what it requested a year ago -- in an effort to fund more research into cybersecurity, advanced processors, new energy technologies and more
 
Tags: billion budget, actual fiscal, national science foundation, budget, fiscal, fund, research, federal government, cybersecurity
 
 
 
 
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Pentagon Watchdogs Swamped by Military Spending: $152 Billion a Year

2008-05-27 21:00:00 by Threat Level in Wired Security
 
The Pentagon's internal watchdogs can't keep up with the explosive growth in military spending. Which means $152 billion's worth of contracts annually isn't being reviewed for fraud, abuse and criminal interference by the Defense Department's Inspector General
 
Tags: internal watchdogs, pentagon, explosive growth, military, billion, criminal interference, defense department, fraud, worth
 
 
 
 
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Five reasons SocGen did not detect that $7 billion fraud

2008-05-27 13:00:00 by Editor in Computerworld Security News
 
You'd think it wouldn't be so easy to lose $7 billion through just one relatively low-level employee's actions, but a report released last week by Paris-based Societe Generale showed that no man, not even a fraudster, is an island
 
Tags: low-level employee, billion, societe generale, actions, island, week, easy, report, fraudster
 
 
 
 
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What can CISOs learn from the Societe Generale debacle

2008-02-19 09:17:17 by Khalid Kark in Security & Risk Management
 
...billion by making huge unauthorized trades that he hid for months by allegedly hacking into the computers of the bank and creating fraudulent transactions to hide his tracks. The combined trading positions he built up totaled some 50 billion, or $73 billion. While this level of exposure going unnoticed boggles the mind, none of it could have...
 
Tags: security, formal security strategy, societe generale, security technology, external security challenges, implement security, access, security products, access users
 
 
 
 
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Two Studies on Security Spending

The Article has images
2008-03-27 01:37:00 by Richard Bejtlich in TaoSecurity
...billion (if security is narrowly defined) and over $200 billion a year (if one includes the Iraq and Afghan wars). But in either case the benefits are far smaller Terrorism, the authors say, has a comparatively small impact on economic activity, reducing GDP in affected countries by perhaps $17 billion in 2005. So although the number of...
 
Tags: security, cyber-security resources, security breaches, track security performance, service, secureworks siem service, secureworks, security program, in-house 24x7 security