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Technology

Ocean Power Technologies & BAP Precision sign letter of intent

Monroe-based Ocean Power Technologies on Friday said it signed a letter of intent with Taiwan-based BAP Precision Inc. to provide PowerBuoy® joint surveillance solutions for government agency contract pursuits for policing territorial waters. “BAP is an established provider of satellite data solutions for industry and government applications and I’m excited to formalize our relationship,” said ...

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Conduent makes CEO Skelton official

After serving as Conduent’s interim CEO for seven months, the Florham Park-based company said Thursday that its Board officially elected Clifford Skelton as its new Chief Executive Officer, effective Feb. 25, 2020. Skelton, who has significant experience in comprehensive enterprise transformations, will also continue as a member of Conduent’s Board. “Cliff’s deep transformation and technology ...

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Michael Geraghty, New Jersey's chief information security officer moderates an NJBIZ discussion on cybersecurity with panelists, from left, Dominic Genzano, CEO of Secure Technology Integration Group; Timothy Guim, president and CEO of PCH Technologies; Carl Mazzanti, president of eMazzanti Technologies; and John Wolak, chair of the Privacy and Data Security Team at Gibbons PC on Feb. 25, 2020.

Human vulnerability identified as weak link in cyberattacks

Businesses lost $1.2 billion last year due to fraudulent emails from cybercriminals, according to Michael Geraghty, chief information security officer of the state of New Jersey and director of the New Jersey Cybersecurity and Communications Integration Cell, who moderated Tuesday's NJBIZ panel discussion on cybersecurity.

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Matthew Ferrante, partner, cyber team practice leader, Withum.

Fighting back (access required)

If a tech-savvy billionaire like Amazon owner Jeff Bezos can be hacked, is anyone safe? Cyberspace is risky, but experts say businesses and individuals can get a leg up on protecting themselves by being careful.

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