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Meta Agrees to Pay Texas $1.4 Billion to Settle Biometric Lawsuit

The Texas Attorney General is making big headlines and while he is not running for election this year, you can count on him bringing this up next time. Meta has agreed to pay Texas $1.4 billion or about one percent of its annual revenue (plus likely a tax deduction) for using facial recognition on Texas […]

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Trump Says Never Sell Your Bitcoin – While Still Learning What Bitcoin is

Candidates often say what they think will sell. In 2021 then president Trump said that bitcoin ‘just seems like a scam‘: “Bitcoin, it just seems like a scam. I was surprised — you know, with us, it was at 6,000 and, much lower. I don’t like it because it’s another currency competing against the dollar, […]

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Security News Update for Week Ending July 26, 2024

Google Rolls back Decision to Kill Third Party Cookies Firefox and Safari, along with some other smaller browsers already block third party cookies by default. Google said that they would do the same. Google now says that phasing out third party cookies will hurt their revenue stream, uh, will impact online advertising, so they are […]

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CrowdStrike Losses Not Covered By Insurance

In light of last week’s IT disaster, now would be a good time to review your cyber insurance policy. According to Parametrix, who does this for a living, just for US Fortune 500 companies, the cost from the CrowdStrike disaster is going to be more than $5 billion. In fairness, the Fortune 500 collectively have […]

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The CrowdStrike Meltdown – The Rest of the Story

CrowdStrike is a major vendor of user workstation security software used by many Fortune 500 companies and government agencies. On Friday, they caused a major meltdown of Windows workstations across the globe. CrowdStrike insists that this was simply a software update gone wrong and maybe that is true. But there are plenty of conspiracy theorists […]

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