Unregistered Crypto Trading Platform Settles with the SEC the eToro stock and crypto trading platform settled with the SEC for $1.5 million and agreed to restrict their services for US customers. They were charged with running and unregistered broker and unregistered clearing agency. The feds are slow and there are a lot of crooks, but […]
Continue reading → [DISPLAY_ACURAX_ICONS]City of Columbus Warns Victims After Saying No Data Was Taken The city admitted that data was stolen including information in prosecutor’s database. The city says that they will help victims who are now being victimized again and whose lives may be in danger due to the city’s poor security practices. The mayor said that […]
Continue reading → [DISPLAY_ACURAX_ICONS]White House Working on Cyber Insurance Policy for Catastrophes The White House is working on a policy proposal to stabilize the economy in case of a massive cyber incident. This would require help from Congress, of course, but it is certainly possible that we could have a cyber 9/11 that would require a federal bailout. […]
Continue reading → [DISPLAY_ACURAX_ICONS]While this is far from the biggest breach of the year, it is likely the one with the most political impact. At least so far. I assume the campaigns are doubling or tripling down on their security. Last week Politico said that it received multiple emails from a leaker who said that they hacked the […]
Continue reading → [DISPLAY_ACURAX_ICONS]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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]AT&T is First Company To Evade SEC’s 4 Day Breach Disclosure No, they are not badasses, they asked for permission. The SEC rules that went into effect last year have a carve out from the disclosure rule – actually it is not an exception, just a delay. It is not clear who asked whom, but […]
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