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OCC Enters Consent Order Against ‘Digital Bank’

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 […]

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Security News for the Week Ending April 15, 2022

Cyber Command Says Chip Shortage is a National Security Issue The head of U.S. Cyber Command, General Paul Nakasone, told Congress that China’s continued progress towards domestic chip production is a problem. If China achieves chip independence, that puts them in a position to do what they want and not worry about sanctions. For example, […]

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Security News for the Week Ending April 8, 2022

Hackers Hack Russia’s Largest State Owned Media Corporation Hackers stole 20 years of communications including almost a million emails from the All-Russia State Television and Radio Broadcasting Company (VGTRK). Those emails were published by DDoSecrets. VGTRK runs 5 national TV stations, 5 radio stations and numerous propaganda outlets. The data is available for download as […]

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