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Security News for the Week Ending October 20, 2023

Regulators, Insurers and Customers All Going After Progress SW In Progress Software’s 10-Q, it reported that the SEC is going after them due to the MOVEit breach; also a slew of lawsuits in multiple countries. They are also cooperating various privacy regulators. The only winners are the lawyers. Credit: The Register Twitter Usage Still Down […]

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Doing the Same Thing Over and Over Again Expecting Different Results is Called … Cryptocurrency

New York is suing cryptocurrency exchange operators Gemini Trust and Digital Currency Group for defrauding more than a quarter million investors out of more than a billion dollars. They did this, NY AG Letitia James says, by not disclosing the financial risks to investors in their crypto-lending program which went bankrupt last year. Gemini was […]

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The Core Problem with Cybersecurity and Privacy Laws

California just passed the delete your data law, which, once in effect, will be the do-not-call list version of opting out. The law requires brokers to check their data against the delete me list and delete any data belonging to that person if there is a match. They have to repeat the check at least […]

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OpenAI Faces Defamation Suit After ChatGPT Fabricates Lawsuit Info

Armed America Radio host Mark Walters is Suing OpenAI after their software completely fabricated a court filing saying that Walters was involved in a lawsuit filed against him for embezzling funds of the Second Amendment Foundation, a gun rights group. A so-called journalist discovered that by using ChatGPT for research and used the hallucination. The […]

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Security News for the Week Ending October 13, 2023

Utah Sues TikTok for Getting Children Addicted Apparently Facebook, Snapchat and Twitter are not addictive since Utah has singled out TikTok to sue for being addictive. They also say that TikTok deceptively obscures its relationship with ByteDance. Indiana made similar allegations and Montana banned the app completely. This will take years, if not a decade […]

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Social Media, Hamas and the EU Digital Services Act

It is no big surprise that disinformation and misinformation is running rampant on all social media in the wake of the war between Israel and Hamas. What is different this time is that, at least for large social media platforms like Meta and Twitter, is that they have two choices – Block all traffic from […]

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