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Security News Bites for the Week Ending June 9, 2023

Feds Remind Folks that Money Stored in Fintech Platforms Like eBay are at Risk US consumers have billions of dollars stored on platforms like eBay, Venmo and a number of others. The feds want to remind you that if you do that, you are “self insuring”, meaning that maybe the platform will return your money […]

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3rd Party? 4th Party? 5th Party Breach – Oh My!

Just a few years ago all we worried about was hackers breaking into our servers in the computer room in the office. We expanded that footprint to include servers located in a data center space that we rented (also called a colo). Those were still servers that we owned. And patched – hopefully. Then we […]

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After FTX Collapses, Feds Go After Binance

Sam Bankman-Fried demonstrated what happens when you combine unfathomable amounts of money and no regulation. It isn’t pretty. Binance moves $12 billion a day and has no physical office. What could possibly go wrong? Since the SEC was asleep at the wheel when FTX collapsed, leaving a lot of customers high and dry – since […]

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