The Office of the Comptroller of the Currency or OCC regulates federally chartered banks. Digital banks, AKA crypto vunder-kids, would like to get a bank charter for a number of reasons. One reason is that they want access to the international banking network. Another is to show that they are all grown up. But if […]
Continue reading → [DISPLAY_ACURAX_ICONS]It **appears** that Elon Musk is going to take Twitter private. We have no clue what the result of that will be, but it might mean a more wild, wild west version of Twitter. He says that he wants less content moderation, for example. This weekend the EU appears to have agreed to the framework […]
Continue reading → [DISPLAY_ACURAX_ICONS]I just watched a DoD town hall on their current thoughts on CMMC 2.0. Here are some of the highlights: CMMC 2.0 has been stripped down to NIST SP 800-171 (we already knew that) DoD has already had several meetings with NIST about adding (at least some of) the things that were in CMMC 1.0 […]
Continue reading → [DISPLAY_ACURAX_ICONS]At the tail end of the Trump administration, Congress passed a bill to get telecom carriers to remove Huawei network equipment from their networks as a national security issue – which it may well be. Congress allocated a billion plus dollars to help small telecom providers with the costs of doing that. The FCC thought […]
Continue reading → [DISPLAY_ACURAX_ICONS]Or at least standardized policy language on the subject. Cyber insurance policies have always had language excluding “hostile and warlike actions”, whatever the hell that means. What it means is full employment for lawyers. And a long time before you get paid. The Lloyd’s Market Association, the syndicate that drives Lloyd’s backed policies, has created […]
Continue reading → [DISPLAY_ACURAX_ICONS]China’s residents are not used to online privacy – from one of the world’s most repressive and invasive regimes, but there is now an online privacy law called PIPL (Personal Information Protection Law). It went into effect on November 1 and it will change how companies do business in China – but it won’t change […]
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