On Tuesday, Intel Corporation (NASDAQ:INTC)’s shares declined -1.68% to $28.67.
To assist mitigate cybersecurity risks associated with connected automobiles while encouraging technological progression and innovation, Intel Corporation recently declared the establishment of the Automotive Security Review Board (ASRB). The board will encompass top security industry talent across the globe with particular areas of expertise in cyber-physical systems. The ASRB researchers will perform ongoing security tests and audits intended to codify best practices and design recommendations for advanced cybersecurity solutions and products to benefit the automobile industry and drivers. Intel also published the first version of its automotive cybersecurity best practices white paper, which the company will continue to update based on ASRB findings.
Gartner predicts that “by 2020, the number of connected passenger vehicles on the road in use will be about 150 million; 60% to 75% of them will be capable of consuming, creating and sharing Web-based data.”1 The transition to a more connected world is exciting and requires that cybersecurity be addressed.
Intel will provide the ASRB with its automotive advanced development platforms on which to conduct research. Findings will then be published publicly as part of an ongoing process. To motivate the ASRB researchers, Intel will award a new car2 to the member who provides the most noteworthy and impactful cybersecurity contribution that can be implemented on Intel’s automotive platform. All details related to the Intel development platform and areas of security audit focus will be offered at the inaugural ASRB meet-up next month. Interested security professionals wishing to request participation can find out more information at www.intel.com/automotive/asrb.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.+
Transocean LTD (NYSE:RIG)’s shares gained 0.91% to $14.47.
Transocean Ltd. (RIG) (RIGN.VX) issued a monthly Fleet Update Summary, which comprises new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the August 19, 2015 Fleet Update Summary.
The report comprises the following:
- TheTransocean Barents, GSF Rig 140, andGSF Galaxy II are idle.
- Estimated 2015 out-of-service time raised by a net 26 days; 2016 reduced by a net five days.
At the end of Tuesday’s trade, BorgWarner Inc. (NYSE:BWA)‘s shares dipped -7.60% to $39.37.
BorgWarner Inc. (BWA) declares the following Webcast:
What: BorgWarner 2015 Third Quarter Results Conference Call
When: October 29 @ 9:30am Eastern Time
Where: http://www.borgwarner.com/en/Investors/default.aspx
BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company’s Engine segment offers turbochargers, timing devices and chain products, emissions systems, thermal systems, and diesel coldstart and gasoline ignition technology.
Southern Co (NYSE:SO), ended its Tuesday’s trading session with -1.75% loss, and closed at $43.01.
Georgia Power is the largest partner of Southern Company (SO), Georgia Power declared recently that Dr. Mark Berry has been named vice president of Environmental Affairs. Dr. Berry replaces Ron Shipman, who was recently named vice president of Georgia Power’s Central Region. Preceding to joining Georgia Power, Dr. Berry served as director in the generation sector at the Electric Power Research Institute (EPRI) where he led research and development efforts in renewable energy, water administration, carbon capture and storage, and advanced fossil generation areas.
Proceeding to joining EPRI, Dr. Berry spent nearly two decades with Southern Company, counting manager of Environmental Assessment for the company’s Research and Environmental Affairs organization, in addition to director of Research and Technology Administration. In these roles, he managed the company’s regulatory response to federal rulemaking activity and the environmental science research program, in addition to research efforts around emissions controls; energy efficiency; renewables; power delivery; central station generation; and carbon-capture utilization and storage. Berry also served as director of energy and environment at the Southern Research Institute and as a surface warfare officer in the U.S. Navy with the rank of lieutenant commander.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, counting renewable energy projects. As of December 31, 2014, it operated 33 hydroelectric generating stations, 33 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 9 solar facilities, 1 biomass facility, and 1 landfill gas facility.
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