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]False Claims Act Means Big Fines I had heard about the Department of Justice going after companies for misrepresenting things in federal contracts. I remember that Cisco paid a fine of less than $10 million, so I didn’t think it really meant much. But in a press release, the DoJ says that they recovered over […]
Continue reading → [DISPLAY_ACURAX_ICONS]GAO Tells Treasury: Track Cyber Risk in Financial Sector The GAO told Treasury to work with Homeland Security to better track cyber risk in the financial sector. The GAO says that Treasury does not track efforts or prioritize them. The “sector specific” security plan was last updated in 2016 and, of course, most of the […]
Continue reading → [DISPLAY_ACURAX_ICONS]Is TikTok is Going to Sell to Oracle. Maybe Well sale is not really the right word. They call it a “trusted tech partner”. This does not solve the national security problem, so it is not clear what problem this does solve. None the less, Steve Mnuchin will present it to the President. If it […]
Continue reading → [DISPLAY_ACURAX_ICONS]China and Russia Continue to Interfere with the Elections According the the White House, China has been targeting the US election infrastructure ahead of the election and Russia has been trying to undercut Democratic candidate Joe Biden, much like their did with Clinton in 2016. Could it be that Russia thinks that the Republican Administrations […]
Continue reading → [DISPLAY_ACURAX_ICONS]Anonymous Gonna Rise Again. Question Mark? A hacker or hackers claiming to be affiliated the non-group Anonymous has posted a million documents coming from over 200 police departments and other law enforcement agencies. While the documents do no purport to show illegal activities, they are likely both embarrassing and also confidential. The fact that the […]
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