Darkreading.com reported that “Everyone agrees cybersecurity is an urgent issue, but uncertainty still reins in how companies tackle it. The typical IT team is struggling under the weight of a variety of increasingly sophisticated intrusions, from social engineering attacks that fool users into compromising systems and confidential information to exploitation
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Should You Trust AI in Cybersecurity?
HelpNetSecurity.com reported that “In its current format, AI is really “statistics at scale”. In other words, large data sets are analyzed, patterns identified, and used to create various models (which in cybersecurity often equate to identifying outliers from a model built around a network, or using prior collected data).” The…
Is Cybersecurity So Broken It Can’t Be Fixed?
Darkreading.com reported that “…the cybersecurity industry must come to terms with the fact that something is fundamentally broken.” The January 26, 2022 article entitled “Cybersecurity Is Broken: How We Got Here & How to Start Fixing It” included these comments “A Greater Focus on Supply Chain Attacks”:
One…
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Does Google Protect the Privacy of Your Data Location? Maybe Not!
The Washingtonpost.com reported that “Attorneys general from…the District of Columbia, Texas, Washington and Indiana, allege the company made misleading promises about its users’ ability to protect their privacy through Google account settings, dating to at least 2014.” The January 24, 2022 article entitled “Google deceived consumers about how it…
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The Fed Issues Paper on the Pros and Cons of Cryptocurrencies!
The US Federal Reserve issued a paper that “examines the pros and cons of a potential U.S. central bank digital currency, or CBDC, and is the first step in a discussion of whether and how a CBDC could improve the safe and efficient domestic payments system.” The January 20, 2022…
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North Korea Targeting Cryptocurrency Startups!
BankInfoSecurity.com reported that “BlueNoroff, a suspected North Korea-backed nation-state group, is victimizing small and mid-sized cryptocurrency startups in a campaign called “SnatchCrypto…” The January 14, 2022 report entitled “North Korean APTs Target Cryptocurrency Startups” included new research published by Kaspersky (cybersecurity and antivirus firm) who calls tactics…
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2022 Starting Off with Less Cyber-Insurance Coverage!
Darkreading.com reported that “Companies are more likely to rely on outside attorneys to handle cyber response in order to contain potential lawsuits. Meanwhile, cyber-insurance premiums are rising but covering less.” The January 10, 2022 article entitled “Breach Response Shift: More Lawyers, Less Cyber-Insurance Coverage” included these comments:
The…
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OpenSea NFT Marketplace Valued at $13.3 Billion!
The NYTimes.com reported that “Founded in 2017, OpenSea was created as a marketplace for people to buy and sell so-called NFTs, or nonfungible tokens, which are unique pieces of digital code backed by blockchain technology.” The January 4, 2022 article entitled “OpenSea valued at $13.3 billion in new round…
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NFT Sales in 2021 were more than $17 BILLION!
My friend Rachel Wolfson wrote an article for COINTELEGRAPH.COM that “It’s become clear that fashion NFTs must offer some type of consumer engagement, allowing brands to interact with individuals in both the physical and the digital worlds.” The January 2, 2022 article entitled “Unlocking utility is key for fashion…
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DAOs are game changers!
Coinbase.com reported that “There are already over 180 DAOs (tracked by deepdao.io) with $10B+ in assets under management and nearly 2 million members. These range from DAOs that help manage some of the largest protocols in crypto, to smaller DAOs organized around investment, social communities, media, and philanthropic pursuits.” …