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Security News Bites for the Week Ending June 9, 2023

Feds Remind Folks that Money Stored in Fintech Platforms Like eBay are at Risk US consumers have billions of dollars stored on platforms like eBay, Venmo and a number of others. The feds want to remind you that if you do that, you are “self insuring”, meaning that maybe the platform will return your money […]

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3rd Party? 4th Party? 5th Party Breach – Oh My!

Just a few years ago all we worried about was hackers breaking into our servers in the computer room in the office. We expanded that footprint to include servers located in a data center space that we rented (also called a colo). Those were still servers that we owned. And patched – hopefully. Then we […]

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After FTX Collapses, Feds Go After Binance

Sam Bankman-Fried demonstrated what happens when you combine unfathomable amounts of money and no regulation. It isn’t pretty. Binance moves $12 billion a day and has no physical office. What could possibly go wrong? Since the SEC was asleep at the wheel when FTX collapsed, leaving a lot of customers high and dry – since […]

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Security News Bites for the Week Ending June 2, 2023

Dutch Data Protection Authorities Looking Into Alleged Tesla Data Breach Germany’s Handelsblatt reported on Thursday that Tesla (TSLA.O) had allegedly failed to adequately protect data belonging to customers, employees and business partners, citing 100 gigabytes of confidential data leaked by a whistleblower. The Dutch DPA is looking into the situation. Among the data is Elon’s Social plus […]

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FTC Helps App Developers Understand Data Sharing

When I say “help”, I mean that only in the kindest of terms, such as placing the company under a 20 year monitoring program, among other assistance. In this case, a company called Easy Healthcare has a free ovulation tracking app. As most of you well know, if it is free, you are the product. […]

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