BankInfoSecurity.com reported that “Smartphone investing app Robinhood Markets will pay New York financial regulators $30 million to settle findings that its cryptocurrency trading division had poor cybersecurity and failed to monitor for illegal transactions.” The August 2, 2022 article entitled “New York Nabs $30M From Robinhood Crypto in Regulatory
Continue Reading Poor Cybersecurity Leads to $30M Fine for Robinhood Crypto!
DarkReading.com reported “With cyberattacks becoming more frequent and costly, not to mention the additional challenges inherent in securing a remote workforce, it is more important than ever that organizations build a culture of security.” The July 29, 2022 article entitled “3 Tips for Creating a Security Culture” included
Continue Reading Building a Cybersecurity Culture is Critical!
The NewYorkTimes.com reported that “Experts are still assessing how China apparently leapfrogged ahead in its effort to manufacture a semiconductor whose circuits are of such tiny dimensions — about 10,000 times thinner than a human hair — that they rival those made in Taiwan, which supplies both China and the
Continue Reading Why did we let China leapfrog the CHIP marketplace?
VentureBeat.com reported that “we can imagine tiny robotic vessels that go inside the body and swim around under the control of doctors who diagnose patients from the inside, and even perform surgical tasks.” The July 24, 2022 article entitled “Medicine and the metaverse: New tech allows doctors to travel
Continue Reading Are you ready for Metaverse Medicine?DarkReading.com reported that often using MSPs means that “Sadly, much of the new processes involve checking a box, rather than implementing technical cybersecurity steps that could make a difference in threat prevention.” The July 25, 2022 article entitled “Getting Ahead of Supply Chain Attacks” included these comments:
What
BankInfoSecurity.com reported that “The U.S. Department of Justice clawed back about $500,000 worth of illicit cryptocurrency from North Korean hackers who launched Maui ransomware assaults on at least two U.S. medical facilities.” The July 19, 2022 report entitled “DOJ Seizes $500,000 From North Korean Attacks on Healthcare” included
Continue Reading $500,000 worth of crypto recovered from US health care ransomware!
DataBreach.com reported an update from Sunday that “Hackers behind one of the year’s largest non-fungible token hacks stole at least 314 blockchain entries worth about $375,000 from users of Premint NFT platform. That amount climbed to more than $421,000 as of Tuesday morning….” The July 18, 2022 article entitled “
BankInfoSecurity.com reported that “Britain’s independent privacy watchdog, the Information Commissioner’s Office [ICO], and the government’s cybersecurity agency, the National Cyber Security Center” issued a letter urging “lawyers not to advise their clients to pay up. Neither should solicitors suggest that payments to criminals will lessen clients’ exposure to governmental fines.
Continue Reading UK Government Recommends Not Paying Ransomware!
CoinTelegraph.com reported that “A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation.” The July 7, 2022 article entitled “Crypto owners banned from working on US Government crypto policies” included these comments:
A new
Continue Reading US Government bans Crypto owners from working on US Crypto regulations!
BankInfoSecurity.com reported that “A Vietnamese man accused of orchestrating the largest non-fungible token rug pull to date faces prosecution in the United States for wire fraud conspiracy and money laundering.” The July 1, 2022 article entitled “US DOJ Targets Baller Ape Rug Pull and Other Crypto Fraud” included
Continue Reading Charges for wire fraud conspiracy & money laundering for NFTs!