First of all, Merry Christmas and a Happy New Year. OCC, FRB and FDIC Propose New Rule – Tell Us If You Have a Security Incident The federal banking regulators are proposing a new rule that banks and tech companies that service banks need to report to their regulator within 36 hours if the have […]
Continue reading → [DISPLAY_ACURAX_ICONS]So you have been hacked and the hackers stole your customers’ data. You try to do the right thing and notify them. By email. Because that might be the only address you have for them. But many times that email never makes to your customer. Blocked by the customer’s email service provider or spam filter. […]
Continue reading → [DISPLAY_ACURAX_ICONS]Well, maybe better is not the right word. Quick catch up for those of you who are not following this. The Russians hacked the software update process for the high end network management software called Orion from Solar Winds. This software is typically used by large enterprises and government agencies. This hack gave them access […]
Continue reading → [DISPLAY_ACURAX_ICONS]Israeli insurance company Shirbit was hit by a ransomware attack last week. The hackers demanded 50 Bitcoin within 24 hours. 50 Bitcoin is about a million dollars. When they didn’t do that, the hackers started leaking the company’s data and doubled the ransomware demand to 100 Bitcoin or about two million dollars. They said that […]
Continue reading → [DISPLAY_ACURAX_ICONS]France Says it is Going Ahead with Digital Tax France has been complaining that U.S. companies (mostly) have not been paying their fair share of French taxes since they are not selling widgets that delivered in France, so they came up with this digital tax, a 3% tax on digital services delivered in France. They […]
Continue reading → [DISPLAY_ACURAX_ICONS]The California Privacy Rights Act, CPRA, AKA Prop 24, was approved by voters on November 3rd. This is a continuing story on its potential impact. Some simple answers first: When does it go into effect: January 1, 2023. Who has to comply: That is still murky. There was a $25 million revenue minimum in CCPA […]
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