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FTC Settles Unprecedented Case Against Data Broker

The FTC announced today its first ever settlement with a data broker for selling location data. The FTC alleged that the data broker, Outlogic, formerly known as X-Mode Social, sold precise consumer location data and allowed third parties to track visits to health care providers, houses of worship and other sensitive destinations. The FTC claims […]

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Generative AI Could Make Banks’ ‘Know Your Customer’ Effectively Useless

Know Your Customer or KYC is a mandate of federal law for the financial services community such a banks, brokers and fintech. Often companies use “ID images” to confirm a person is who they say they are. Even some cryptocurrency platforms rely on this. Viral posts on Reddit and other social media show how, using […]

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Security News for the Week Ending January 5, 2024

You Haven’t Migrated to WiFi 6 Yet? It is Already Obsolete. Here is WiFi 7 WiFi 7 or, officially, IEEE 802.11be is faster and more spectrum efficient that previous WiFi versions. WiFi 7, they say, is 3 times faster than either WiFi 5 or 6, which makes it useful for things like gaming apps. Of […]

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AI Needs Your Data and It Needs it Badly

Item 1 – Apple is reported to be in negotiations with news companies and other publishers (like NBC and Conde Nast) to “license” their back catalog of content for their AI projects. Apple is offering, supposedly, up to $50 million to license their content, but, at least for now, the content creators were not fans […]

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Operation HAECHI IV – Worth Talking About

I don’t usually blog about an individual hacker takedown but this one – it is worth talking about. Certainly not the end of hacking but a significant win for the federales. Last month Interpol talked about Operation HAECHI IV. It was a six month takedown effort that involved 34 countries and funding from South Korea. […]

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