SARS May Cost $100 BillionA Cambridge, Massachusetts research firm is predicting that the economic damage caused by SARS could approach $100 billion, making it one of the costliest diseases to emerge in the past decade, according to a story in the Boston Globe. The Globe reports that the firm, Bio Economic Research Associates, said economic risks posed by severe acute respiratory syndrome, mad cow, and other emerging infectious diseases are rising because air travel, international trade, and global communication networks make the world a smaller place. Terrorism Expert Joins KerryNew York Times. The Times reports that Beers will serve in a nonpaying job as a senior adviser on foreign policy, terrorism and domestic security, issues that Mr. Kerry, a Massachusetts Democrat, has described as central to his campaign against President Bush.Rand B. Beers, a former top counterterrorism official at the National Security Council, has joined Senator John Kerry’s presidential campaign as a senior adviser for foreign policy, according to a story in the Government Will Spend More For IT SecurityWashington Post. The Post reports that the federal government spent $1.3 billion on technology security in 2001 and $4.2 billion this year, an increase of more than 220 percent. Input, a Reston, Virginia-based research firm, said it expects federal spending on information technology security, which has expanded rapidly since September 2001, to slowly grow to about $6 billion a year by fiscal 2008, according to a story in today’s Related content feature Top cybersecurity M&A deals for 2023 Fears of recession, rising interest rates, mass tech layoffs, and conservative spending trends are likely to make dealmakers cautious, but an ever-increasing need to defend against bigger and faster attacks will likely keep M&A activity steady in By CSO Staff Sep 22, 2023 24 mins Mergers and Acquisitions Mergers and Acquisitions Mergers and Acquisitions brandpost Unmasking ransomware threat clusters: Why it matters to defenders Similar patterns of behavior among ransomware treat groups can help security teams better understand and prepare for attacks By Joan Goodchild Sep 21, 2023 3 mins Cybercrime news analysis China’s offensive cyber operations support “soft power” agenda in Africa Researchers track Chinese cyber espionage intrusions targeting African industrial sectors. By Michael Hill Sep 21, 2023 5 mins Advanced Persistent Threats Cyberattacks Critical Infrastructure brandpost Proactive OT security requires visibility + prevention You cannot protect your operation by simply watching and waiting. It is essential to have a defense-in-depth approach. By Austen Byers Sep 21, 2023 4 mins Security Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe