Internet, IT & e-Discovery Blog

Social changes brought about by the Internet & Technology

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.” The September 19,2018 report entitled “Mirai Hackers’ Sentence Includes No Jail Time” included a link to the Department of Justice News Release “…
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 the silent cyber risk to be greater than one cyber-related loss for every 100 non-cyber related losses.” The September 17, 2018 report entitled “Threat
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 attacks cost German industry almost $50 billion: study”included these details: German security officials have long been sounding the alarm about the risk of well-resourced…
The-Blockchain.com reported that  as “…blockchain technology has the potential to transform the business landscape and make its mark across many different sectors, it is imperative that policymakers become more accommodating with the development and adoption of blockchain technology.”  The September 11, 2018 article entitled “EU Holds Off on Crypto Regulation” was not limited to cryptocurrencies and that: EU Finance ministers who gathered in Vienna last week have agreed to slow down and not…
Reuters reported that “British Airways was forced to apologize on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the most serious attack on its website and app.”  The September 6, 2018 reported entitled “BA apologizes after 380,000 customers hit in cyber attack” included the comments: The airline discovered on Wednesday that bookings made between Aug. 21 and Sept. 5 had been…
I’ve been blogging about Net Neutrality since my first blog on August 1, 2008 and now the latest saga was reported by the Washington Post that California voted to establish “the nation’s toughest net neutrality law to prevent Internet providers from favoring certain websites, setting up a fight with federal regulators who voted last year to erase such rules.”  The August 31, 2018 article entitled “California lawmakers vote to pass toughest net neutrality law
Blockchain.com reported about the “the release of PwC’s Global Blockchain Survey 2018, which highlighted that 84% of companies are now incorporating blockchain technology at some level…”  The August 28, 2018 report entitled “PwC survey: 84% of companies now using blockchain, so what does the future hold?” included these comments Shiv Malik (Head of Strategy and Communications at blockchain-backed data platform Streamr): People are both over and underestimating the change blockchain will…
Computerworld reported that SAP recently “created a consortium of business partners to help it craft applications for a cloud-based blockchain platform that can track goods from creation to shipment to manufacturer as part of an automated supply chain system….. consisting of seven companies, including Intel, Hewlett Packard Enterprise Co. (HPE), UPS and A3 by Airbus SE, to help it develop a global supply chain platform.”  The August 20, 2018 article entitled “SAP pilots blockchain-based
Reuters reported that a report from S& P Global Ratings indicates that credit “risks stemming from cyberattacks on U.S. cities, school districts and other municipal bond issuers are likely to grow as the public sector remains an easy target for hackers.”  The August 22, 2018 report entitled “Cyberattacks heighten credit risks in U.S. public sector: S&P” included these comments:   The U.S. public sector has broadly and quickly adopted new technologies to provide…
After reviewing the Foley 2018 Cryptocurrency Survey results Eddie Block and I posted this article entitled “Amid Increased Activity in Texas and Across the Country to Regulate Cryptocurrency Activities, Industry is Also Seeking Greater Regulatory Certainty” Take a look at the Survey and let us know what you think.…