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The Almighty Buck

Digital Fundraising Booms For Haiti Relief 124

Posted by ScuttleMonkey
from the hitting-large-markets dept.
It seems that a recent digital fundraising drive for Haiti relief has stunned organizers at the Red Cross and White House. As of the last tally on Friday the campaign was at well over $8 million. "Earlier Thursday, when the Red Cross topped $3 million in text and social media donations — it hit nearly $40 million from all sources by late Thursday — spokesman Jonathan Aiken described it as 'a phenomenal number that's never been achieved before. People text up to three times at 10 bucks a pop,' Aiken said. 'You're talking about roughly 300,000 people actually spontaneously deciding, "I can spare $10 for this." And that's remarkable.' As of late Thursday, more than half of all donations to the Red Cross's Haiti relief effort had been received online, according to a news release.
Security

US Preps Cyber Outfit To Protect Electric Grid 58

Posted by ScuttleMonkey
from the call-bruce-willis dept.
coondoggie writes to mention that the US Department of Energy is planning to set up a new "National Energy Sector Cyber Organization" in order to protect the national bulk power electric grid. For the low, low cost of $8.5 million they will help integrate smart grid technology with the electric grid, speed research, and establish new policy and protocols. "It is paramount that smart grid devices and interoperability standards include protections against cyber intrusions and have systems that are designed from the start (not patches added on) that prevent unauthorized persons from gaining entry through the millions of new access points created by the deployment of smart grid technologies, Hoffman stated."

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