Computerworld reported that “After launching a proof of concept earlier this year, IBM and Maersk have unveiled TradeLens, the production version of an electronic ledger for tracking global shipments; the companies say they have 94 participants piloting the system, including more than 20 port and terminal operators.” The August…
Continue Reading IBM Blockchain in use by Maersk (think largest shipping company in the world)!
The Securities and Exchange Commission (SEC) filed a “complaint unsealed yesterday alleges that Blockvest falsely claimed its ICO and its affiliates received regulatory approval from various agencies, including the SEC.” The October 11, 2018 press release entitled “SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval” included these…
Legaltechnews reported about the French’s Commission Nationale de l’informatique et des Libertés (CNIL) guidance on Blockchain regarding the “right to be forgotten” since “…private blockchains can be managed and controlled, public blockchains are a free-for-all that will likely pose an ongoing challenge for CNIL and other EU regulators.” The October…
Continue Reading Blockchain’s Immutability is in Conflict With GDPR’s “Right to be Forgotten”!
Bloomberg News reported that “The attack by Chinese spies reached almost 30 U.S. companies, including Amazon and Apple, by compromising America’s technology supply chain…”. The report entitled “The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies” and included these details:
In 2015, Amazon.com Inc. began quietly…
The Washington Post reported that the new California Net Neutrality law “prohibits carriers from demanding special new fees from websites, and it bars Internet providers from selectively exempting their preferred apps from customer data caps.” The October 1, 2018 article entitled “The battle lines are already taking shape in…
Continue Reading DOJ Files Suit Against California to Invalidate Net Neutrality Law
The New York Times reported that Walmart announced “After a two-year pilot project, …that it would be using a blockchain, the type of database technology behind Bitcoin, to keep track of every bag of spinach and head of lettuce.” The September 24, 2018 article entitled “From Farm to Blockchain:…
Continue Reading Walmart Will Use IBM Blockchain to Track Spinach and Lettuce
Computerworld.com reported that while “blockchain-based payment networks could help eliminate central authorities and their accompanying fees for cross-border transfers, banks and other enterprises see risks.” The September 25, 2018 article entitled “Banks remain wary of blockchain-based electronic payment networks”included these comments from Fabio Chesini (Gartner research director for…
Continue Reading Banks Wary of Blockchain-based Payment Systems
Darkreading.com reported that after substantial cooperation with the FBI that the three “…men charged with creating and managing the Mirai botnet have pleaded guilty to conspiracy to violate the Computer Fraud & Abuse Act and have been sentenced to a five-year period of probation and 2,500 hours of community service.”…
Continue Reading IoT Hackers Plead Guilty and Get No Jail Time
My friend Judy Greenwald reported for BusinessInsurance.com that “Silent cyber, cyber losses that affect insurance policies not specifically designed to cover cyber risk” was significant and that a “survey of close to 700 participants from more than 100 insurance companies found that in 2017, fewer than half of respondents estimated…
Continue Reading Silent Cyber Growing (Lack of Cyber Insurance Coverage)
Reuters reported about “Bitkom surveyed 503 top managers and security chiefs from across Germany’s manufacturing sector” and reported that “Two thirds of Germany’s manufacturers have been hit by cyber-crime attacks, costing industry in Europe’s largest economy some 43 billion euros ($50 billion),…”. The September 13, 2018 article entitled “Cyber…
