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Outsource HR Vendor Hit by Cyber Attack – Are You Immune?

Sequoia One is an outsourced HR vendor based in San Francisco that serves more than 500 venture-capital backed firms. According to a letter they sent to clients, an unauthorized party (like, say, perhaps, the Chinese government) accessed its cloud storage account. Data that the unauthorized party (AKA the hacker) accessed includes “name, addresses, dates of […]

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Attack on Power Stations is a New Level of Threat

As tens of thousands of people in Moore County North Carolina are in the dark and cold as a result of attacks on two power stations in the county. The power stations were intentionally targeted by domestic terrorists who targeted gunfire on the substations’ transformers. While the county is not releasing many details and the […]

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Rackspace Hosted Exchange Still Offline Over ‘Security Issue’

In the face of a security incident that Rackspace is being very opaque about, Rackspace’s stock is down 15% today. Rackspace is still not providing much information about what the hell is going on. Thousands of Rackspace customers globally continue to deal with the outage, which Rackspace says is related to a security incident (whatever […]

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Security News for the Week Ending December 2, 2022

Cryptocurrency Collapse Continues Cryptocurrency lender and financial firm BlockFi filed for bankruptcy as the Ponzi scheme called Cryptocurrency continues its uncontrolled collapse. FTX was supposed to bail them out, but guess what – that is unlikely to happen. Withdrawals are “paused” for now, another term for you are screwed. Also remember that if you have […]

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Putin Thinks Crypto is the Solution – So Do I, but for a Different Reason

Putin is dealing with the reality of the worldwide financial sanctions crippling his economy. His solution is to create a financial system based on distributed finance or DiFi. An example is cryptocurrency. Using DiFi, Putin thinks he can get around sanctions. There are, of course, a couple of holes in this logic. First, who besides […]

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