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Security News Update for December 27, 2024

Feds Sue JPMorgan, Wells, BofA Over Zelle Fraud Given the administration is changing next month and the new administration is not fond of rules that negatively impact business, I don’t know if this lawsuit will go anywhere, but the complaint said it took Zelle years to respond at all to Zelle fraud and in most […]

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Next Administration Wants to Go Offensive on China

This idea is a little light on details. Congressman Mike Waltz (R-FL), the administration’s pick for national security advisor said that our prioritizing cyber defense is not working. We have, over the years, improved defenses, but it is not enough. He said that we need to go on offense and impose higher costs and consequences […]

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After Chinese Attack on US Telecom, Maybe We Will See Legislation

After the entire US Senate was briefed this week about the Chinese attack called Salt Typhoon on US and other telecom and Internet carriers, the feds are trying to figure out what to do. This is going to be the job of the next administration because I doubt Congress can create a solution in the […]

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Add Another Challenge for the Next President

The United States has historically had a “challenging” supply chain. It has, for at least decades, depended on supplies from counties that are either not stable or not friendly or neither. While we have worked to try to REDUCE that dependency, we are very far from eliminating it. Yesterday the President ratcheted up the curbs […]

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China Gives US Sanctions the Middle Finger

The US has been trying to reign in China’s thefts of intellectual property and other bad behavior by putting tech sanctions on them. The next president wants to increase sanctions on China. Will it work? Huawei, China’s leading phone maker was seriously impacted over the last 2-3 years over the restriction of US made chips. […]

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Security News Update for November 22, 2024

Texas AG Sue TikTok Under SCOPE Act The Securing Children Online Through Parental Empowerment (SCOPE) Act is designed to protect kids online. The Texas AG claims that TikTok failed to comply with the parental verification requirement, unlawful sharing, disclosing or selling of a minor’s PII and failure to create and provide parental tools. While this […]

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