FTC Says it Won’t Regulate AI Until After it Causes Harm While I understand the concept, I am not sure it is the best strategy for protecting you and me. On the other hand, regulators really don’t understand technology and rules, once made, are hard to change. Given the rate of change of AI, the […]
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Insider threat is a major problem and getting worse all the time. Coinbase, the largest US-based cryptocurrency exchange, has disclosed a major data breach involving bribed overseas customer support agents who stole sensitive customer information. The attackers demanded a $20 million ransom, which Coinbase refused to pay. Instead, the company has offered a $20 million reward […]
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It is common mythology that Bitcoin users are thieves, hackers and tax cheats. The IRS doesn’t like tax cheats. The IRS is asking a court for a “John Doe” summons asking Coinbase, a Bitcoin exchange, to turn over information on any customers that match a certain criteria. The summons applies as long as the government […]
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