First a little background. One of the main uses of cryptocurrency – not the only use – is to monetize crime. Most ransomware payments are done via cryptocurrency. There are other, legitimate uses, but they are dwarfed by the illegal uses. To the tune of tens of billions of dollars of criminal activity a year. […]
Continue reading → [DISPLAY_ACURAX_ICONS]TikTok Sues US Government; Vows to Prevail No surprise here and without taking a side pro or con; ByteDance and TikTok have filed suit in federal court arguing the law violates the US Constitution. TikTok’s CEO Shou Zi Chew says the company expects to win a legal challenge to block the new law. He says […]
Continue reading → [DISPLAY_ACURAX_ICONS]When it is convenient, politicians support states’ rights. Mostly, states’ rights is a dog whistle. One more time, coincidentally, just a few months before a presidential election, Congress is talking about passing a national privacy law. The bill they are proposing would preempt stronger (and weaker) state privacy laws – something that the states are […]
Continue reading → [DISPLAY_ACURAX_ICONS]Probably your first question is what the heck is CIRCIA. CIRCIA is a law passed by Congress in 2022 that requires CISA to create a set of regulations for reporting cyber incidents by critical infrastructure operators. Needless to say, those operators would much rather have a very low profile and report things only if and […]
Continue reading → [DISPLAY_ACURAX_ICONS]Cyberattack Ramifications: Chain Closes ALL STORES to Contain Attack Canadian pharmacy chain London Drugs has closed all stores to contain a cyberattack. While many stores stop accepting online orders or credit cards after a cyberattack, it is very rare to see a company stop doing business until further notice. However, they have not notified authorities […]
Continue reading → [DISPLAY_ACURAX_ICONS]Shoddy security practices. Short of cash. Lack of personnel to deal with threats. Outdated equipment connected to the Internet. Weak passwords. CISA and the FBI say these are just some of the issues that critical infrastructure operators are facing. Anti U.S. (pro-Russian) hackers are intensifying attacks on critical infrastructure such as water, wastewater, dams, energy […]
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