720-891-1663

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 […]

Continue reading → [DISPLAY_ACURAX_ICONS]

Security News Update for December 13, 2024

Ransomware as a Chaos Mechanism This version of ransomware doesn’t require much skill. Rather than encrypting files and demanding a ransom, they are just deleting as many files as possible and watching the chaos with some popcorn and beer. Even if the company has good backups, and many don’t, it can still cause downtime, supply […]

Continue reading → [DISPLAY_ACURAX_ICONS]

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 […]

Continue reading → [DISPLAY_ACURAX_ICONS]

Meta Agrees to Pay Texas $1.4 Billion to Settle Biometric Lawsuit

The Texas Attorney General is making big headlines and while he is not running for election this year, you can count on him bringing this up next time. Meta has agreed to pay Texas $1.4 billion or about one percent of its annual revenue (plus likely a tax deduction) for using facial recognition on Texas […]

Continue reading → [DISPLAY_ACURAX_ICONS]