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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]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. […]
Continue reading → [DISPLAY_ACURAX_ICONS]As U.S. states implement new second-generation privacy laws (there are currently 8 states – can you name all of them?), the rules regarding data retention are changing and you might want to be prepared – unless, of course, you enjoy spending tens of thousands of dollars on lawyers to defend yourself, hours being deposed and […]
Continue reading → [DISPLAY_ACURAX_ICONS]Cybersecurity and privacy are a key pillar of every company’s risk governance program – or at least should be. Alicja Cade, Director, Financial Services, Office of the CISO, Google Cloud suggests some questions Boards and CEOs should be asking about the company’s cybersecurity program. Here are some questions that she is recommending the Board gets […]
Continue reading → [DISPLAY_ACURAX_ICONS]This is a secondary problem of vendor cyber risk. The first problem is that you are dependent on a lot of vendors. You have to depend on those vendors. If they screw up, you get sued. And you lose customers. To make matters worse, when one of your vendors gets breached, you are only one […]
Continue reading → [DISPLAY_ACURAX_ICONS]The stakes in getting breached are definitely increasing. Historically, victims of a breach have sued the breached company claiming some potential future, but vague, damages. Often the suits get thrown out saying that these potential future damages are not sufficiently real. Independent Living Systems is a VENDOR to healthcare providers in Florida. They were breached […]
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