How Many Times Do I Need to Say – Crypto is Software, Software Has Bugs, Your Money is at Risk Decentralized Finance platform (DeFi) Revest Finance said that it lost $2 million due to a software bug and, oh yeah, (a) the can’t recover the funds, (b) they do not have the money to cover […]
Continue reading → [DISPLAY_ACURAX_ICONS]Hackers are creative if nothing else. Normally when police want data, they need to provide a subpoena or warrant, but that is not required in all cases. If there is a risk of imminent harm – life or death – the police can just ask a company for their data and they have to comply. […]
Continue reading → [DISPLAY_ACURAX_ICONS]The Digital Markets Act is designed to reign in big companies like Amazon, Facebook and Apple. Alternatively, those companies could choose not to do business in Europe, fearing the requirements could be too expensive or too risky. My guess is that none of the platforms will have the guts to do that, but who knows. […]
Continue reading → [DISPLAY_ACURAX_ICONS]Ukraine Starts Using Clearview Facial Rec to Detect Ruskies Ukraine is using Clearview’s facial recognition tech to identify Russian operatives trying to infiltrate the Ministry of Defense. Clearview has over 2 billion photos scraped from Russia’s social media service VKontakte. They are not sharing with Russia. That likely makes Clearview a high priority hacking target […]
Continue reading → [DISPLAY_ACURAX_ICONS]Incident and Ransomware Reporting Requirement in Just Passed Spending Bill President Biden signed a bill that requires critical infrastructure operators to report significant cyber incidents to CISA within 72 hours after they reasonably believe an incident has occurred and within 24 hours of making a ransomware payment. The ransomware reporting requirement applies even if it […]
Continue reading → [DISPLAY_ACURAX_ICONS]Here is an interesting effect of the sanctions against Russia. According to the Russian news outlet Kommersant, which claims to have sources confirming this proposal, the parties estimated they have roughly two months left before running out of available storage space. Russian firms were forced, as a result of sanctions, to turn to domestic cloud providers […]
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