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Security News Update for September 13, 2024

Unregistered Crypto Trading Platform Settles with the SEC the eToro stock and crypto trading platform settled with the SEC for $1.5 million and agreed to restrict their services for US customers. They were charged with running and unregistered broker and unregistered clearing agency. The feds are slow and there are a lot of crooks, but […]

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Security News Update for August 30, 2024

Trump Threatens Zuckerberg With Life in Prison Trump said he is watching Zuckerberg and if he does anything illegal this time he will spend the rest of his life in prison. If I remember right, isn’t Trump the person who is railing about the administration weaponizing the Justice Department against political enemies. This sounds like […]

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Security News Update for August 24, 2024

City of Columbus Warns Victims After Saying No Data Was Taken The city admitted that data was stolen including information in prosecutor’s database. The city says that they will help victims who are now being victimized again and whose lives may be in danger due to the city’s poor security practices. The mayor said that […]

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Security News Update for August 17, 2024

White House Working on Cyber Insurance Policy for Catastrophes The White House is working on a policy proposal to stabilize the economy in case of a massive cyber incident. This would require help from Congress, of course, but it is certainly possible that we could have a cyber 9/11 that would require a federal bailout. […]

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Security News Update for August 9, 2024

Interpol Recovers Over $40 Mill from Biz Email Compromise Attack INTERPOL has created a global stop-payment mechanism that it can use to recover funds. A company in Singapore thought they were paying a vendor. Instead they paid a hacker. INTERPOL’s Global Rapid Intervention of Payments or I-GRIP was able to recover $39 million out of […]

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Security News Update for Week Ending August 2, 2024

State Dept. Says UN Cybercrime Treaty Must protect Human Rights On the eve of final negotiations at the UN for a long awaited cybercrime treaty, the US says they are focused on ensuring the treaty protects human rights. The US, along with 40 other countries — not including, Surprise, Russia or China — signed off […]

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