Mt. Gox shut down and a lawsuit was filed that alleges Mt. Gox and Mark Karpeles’ “catastrophic loss …uncovered a massive scheme to defraud millions of consumers into providing a private company with real, paper money in exchange for virtual currency.” Computerworld reported that Mt. Gox and Mark Karpeles’ bankruptcy…
Continue Reading Bitcoin Update -Class Action Against Bankrupt Mt. Gox
I estimate that about 1% of Internet users bother to read Terms of Service, and only 0.01% of Internet users bother to read Click Agreements. Of course the reason that no one reads Terms of Service or Click Agreements is that Internet users realize they cannot negotiate, so it’s really…
Continue Reading Is there Location Privacy under the new Apple iOS?
Each year IRS compiles a list of the “Dirty Dozen” “tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes.” IRS Commissioner John Koskinen added these comments:
Taxpayers should be on the lookout for tax scams using the IRS…
Continue Reading Identity Theft Tops the List for 2014 Tax Scams
“Acts of cyberwarfare –whereby a nation state launches cyberattacks against another country –are on the increase”…and “Cybercriminals are keen to learn new techniques that can make their own attacks more effective” are comments in Kaspersky’s Special Report entitled “Who is Spying on you?”
Among other threats in the…
Continue Reading Another Disturbing Report about Cyber Threats
German Chancellor Angela Merkel “has embraced proposals to create European data networks that would keep emails and other communications on the European side of the Atlantic, farther from prying American eyes” as reported in the New York Times. Chancellor Merkel also stated that ‘that companies like Google and Facebook base…
Continue Reading EU Data ONLY in the EU? – A Boost to Data Localization Efforts
A brief was filed challenging a $20 million settlement that “authorizes Facebook to continue to use minors’ images for advertising without parental consent — in direct violation of the laws of seven states, including California, where Facebook is located.” On February 13, 2014 on behalf of parents of teenagers, Public…
Continue Reading Parents Appeal Facebook’s Use of Pictures of Teenagers
“Cybercriminal gangs of the 21st century will target cloud-based applications and data repositories because that’s where the data is” as predicted in McAfee® Labs’ 2014 Threat Predictions. Cloud cyber vulnerability was stressed by McAfee:
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Continue Reading 2014 Cybersecurity Threats to Money & Data
“When a former employee uses a customer’s working log-in credentials to access his former employer’s scripts, are he and the customer hackers?” No ruled a federal court which denied that the defendants violated the US Computer Fraud and Abuse Act (CFAA) and California Computer Data Access And Fraud Act (CDAFA).…
Continue Reading Former Employee Had Valid Access, Not Guilty of Violating Federal & State Laws
Successful IT projects are rarely noticed, only the disasters which can generally be avoided by having detailed contracts that spell out exactly what will happen, and who will do what. Involving a lawyer with IT experience at the earliest point of IT planning (before the RFP is issued) can make…
Daily headlines about cyber crime are the norm and occasionally we learn that arrests are made, but did you ever wonder if those cyber criminals ever were convicted? Or went to jail? Historically the conventional wisdom from the FBI, Interpol, and police agencies around the world used to be that…
Continue Reading Cyber Criminals Sentenced to Long Jail Time in 2013
