TRAVERSE CITY — The average cost of an institutional data breach rose 15 percent in 2013 to $5.5 million, according to the ninth annual Cost of Data Berach Study Global Analysis, released by the Ponemon Institute, a Traverse Ctiy-based IT research organization.
Sponsored by IBM, the study of 314 companies spanning 10 countries also found that the cost incurred for each lost or stolen record containing sensitive and confidential information increased more than 9 percent to a consolidated average of $145.
Continue reading Data Breach Costs Continue To Rise, Michigan Firm’s Study Shows
SOUTHFIELD — Would you like to help build Michigan’s future high-tech work force?
The Engineering Society of Detroit’s Engineering SMArT Michigan program for southeast Michigan high school students is seeking volunteer judges.
The program offers high school teams the chance to compete on a rigorous, hands-on project in science, mathematics, architecture and technology — SMArT. It’s designed to expose students to career opportunities in science and engineering, and enable students to understand sustainability and the economics of engineering.
Continue reading ESD Seeks Judges For Engineering SMArT Michigan Event
DETROIT — DTE Energy (NYSE: DTE) is starting a new Boot Camp to train veterans and others to become employees in the company’s electric operations area.
The Combined Distribution Boot Camp will be from June 23 to July 25 at the Michigan Institute of Aviation and Tecnology in Canton Township. There are 30 available seats for training with a potential for employment upon the training’s completion.
Continue reading DTE Energy Offers Training For Electric Operations Jobs
ANN ARBOR — Despite their precious cargo, parents are no less likely to engage in driving distractions like cell phone use than drivers from the general population, according to a new University of Michigan study published in Academic Pediatrics.
The study found that 90 percent of parent drivers said they engaged in at least one of the 10 distractions examined in the study while their child was a passenger and the vehicle was moving, says lead author Michelle L. Macy, M.D., an emergency medicine physician at the University of Michigan’s C.S. Mott Children’s Hospital.
Continue reading UM Study: Parents Guilty As Anyone Of Distracted Driving
EAST LANSING — Chalk up another championship robotics team from Michigan.
Haslett High School’s Haslett Vex Raptors MSU beat out 430 teams from 27 countries and brought home the Vex Robotics World Championship Excellence Award in Anaheim, Calif., over the weekend.
Continue reading MSU-Sponsored Vex Robotics Team From Haslett Is Champ
SOUTHFIELD — Hundreds of energy experts and contractors are expected to gather May 6 for the 17th annual DTE Energy – Engineering Society of Detroit Energy Conference and Exhibition.
The event begins with breakfast and networking at 7:30 a.m. An exhibit hall featuring more than 100 exhibitors opens at 8 a.m., and educational programs, keynotes and panel discussions run from 9 a.m. to 3 p.m. The venue is the Suburban Collection Showplace, 46100 Grand River Ave., Novi.
The event will focus on energy efficiency and the latest in energy technologies for building owners and managers in the private and public sectors, as well as owners of small businesses and institutions.
Continue reading DTE-ESD Energy Conference Returning To Novi May 6
ANN ARBOR — About 25 percent of parents who have children ages 2 to 5 say their children get three or more hours of entertainment screen time a day, well beyond recommended limits, according to a new poll from the University of Michigan.
In the latest University of Michigan Mott Children’s Hospital National Poll on Children’s Health, a little more than half of those parents do try to set some limits by location: banning media devices from places like the bedroom or at mealtime.
Continue reading UM Poll Finds Some Parents Let Tots Have Too Much Screen Time
SOUTHFIELD — Lawrence Technological University has been named the national organizer for the United States for the World Robot Olympiad Association, which runs a global Lego robotics competition that draws participants from around the world.
Continue reading LTU Named National Organizer For World Robot Olympiad
NORTHVILLE — Algal Scientific Corp., a developer and manufacturer of algae-based chemicals and related technologies for the food and beverage industries, announced that it has completed a $3 million financing led by Evonik Ventures, Formation8 Partners, and Independence Equity.
Algal CEO and chief science officer Geoff Horst said the funding would allow the company to begin commercial-scale production and sale of Algamune. That’s the company’s algae-based version of beta-1,3-glucan, a compound used in livestock production, human foods and neutraceuticals to support a healthy immune system.
Said Horst: “Beta-1,3-glucan has been researched for years, but until now it has been too expensive for most livestock applications. Our product can provide higher efficacy and consistency than ever before, with a lower cost, and offers a real alternative to the overuse of antibiotics in food production.”
Continue reading Algae-Based Chemical Company Raises $3M
CARO — Baseball, robins and golf. Now you can add another sign of spring to the Michigan calendar — seeing trucks carrying wind turbine parts.
Jackson-based Consumers Energy announced Monday that construction has resumed on its Cross Winds Energy Park in Tuscola County in Michigan’s thumb.
Continue reading Construction Resumes At Consumers Energy Cross Winds