Law.com reported “that virtual currencies can be regulated by the U.S. Commodity Futures Trading Commission [CFTC].” The March 8, 2018 report entitled “Federal Court Just Ruled CFTC Can Regulate Crypto—But Agency Isn’t Alone” included these questions resolved by US District Judge Weinstein (Eastern District of New York) with…
Continue Reading Court orders that Cryptocurrencies should be regulated by the US government!
Darkreading.com reported a “new wave of phishing attacks aims to dupe users and steal their passwords by disguising malicious emails as tax-related notifications from the IRS.” The March 2, 2018 report entitled “Millions of Office 365 Accounts Hit with Password Stealers” included these comments:
Barracuda Networks last month…
Reuters reported that Equifax’s 2017 cyber incident where +147M consumers’ data was stolen included “costs mainly reflect technology and data security upgrades, legal fees, and free identity theft protection and credit monitoring offered to the more than 147 million consumers affected by the cyber security incident.” The March 2, 2018…
Law.com reported about “a three-year battle, a regional court in Berlin has found that Facebook’s default privacy settings, terms of service, and requirement that users register under their own name violate Germany’s data privacy and consent rules. “ The article entitled “Facebook Foreshadowing: German Court Underscores Tech’s Uncertain GDPR…
Continue Reading German Court Ruling against Facebook portends trouble under GDPR!
The Securities and Exchange Commission (SEC) Chairman Jay Clayton announced the SEC’s approval of the “Commission Statement and Guidance on Public Company Cybersecurity Disclosures” under which “the disclosure requirements under the federal securities laws that public operating companies must pay particular attention to when considering their disclosure obligations…
Continue Reading What took the SEC so long to adopt Cybersecurity Disclosure requirements?
The Washington Post wrote an article that “State officials have been scrambling to address vulnerabilities in their systems, particularly since the fall, when the Department of Homeland Security disclosed the attempts on the 21 states. Though it is not believed there were further attacks, experts say Russian operatives may have…
Continue Reading Cybersecurity threats targeted at State elections?
TexasLawyer.com recently interviewed Erin Nealy Cox (US Attorney for the Northern District of Texas since November 2017) who described her “…expertise in cybersecurity will help me identify and communicate the threats to the affected communities so they can understand and craft solutions needed to defend themselves; and it will help…
Continue Reading New US Attorney has extensive Cybersecurity experience!
Money.CNN reported that Google’s Waymo (Google’s self-driving car program) sued Uber for theft of trade secrets, but during the middle of trial “accepted a settlement offer from Uber, which agreed to a deal that includes 0.34% of Uber’s equity at a $72 billion valuation, which works out to about $245…
Continue Reading Uber settles claims for $245M that it stole Google’s trade secrets!
Darkreading reports that there has been a new cyberattack at the FBI Internet Crime Complaint Center (IC3) which “scams people into providing personal data and downloading malicious files by impersonating the”… IC3…which is “intended to give the public a reliable means of reporting suspected illegal activity online.” The February 2…
The New York Times reported that “Amazon, Berkshire Hathaway and JPMorgan Chase announced on Tuesday that they would form an independent health care company to serve their employees in the United States.” The January 30, 2018 report entitled “Amazon, Berkshire Hathaway and JPMorgan Team Up to Disrupt Health Care…
