Cointelegraph.com reported that “Bored Ape creator Yuga’s Otherdeed launch was the largest NFT mint ever,…Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever.” The
Internet, IT & e-Discovery Blog
The Internet, IT & e-Discovery Blog, published by Foley & Lardner LLP, focuses on legal issues related to cybersecurity, data privacy, cyber insurance, ransomware, and regulatory compliance. It covers developments in cybercrime investigations, state-backed cyberattack exclusions in insurance policies, and the evolving landscape of data security laws and enforcement actions. The blog also addresses challenges in managing electronic discovery and the impact of technology on legal risk management. It provides insights into how businesses and legal professionals navigate the intersection of technology, security threats, and regulatory frameworks.
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What Are You Doing for Zero Trust Architecture?
NIST published the Special Publication 800-207 which “defines zero trust as a set of cybersecurity principles used when planning and implementing an enterprise architecture. These principles apply to endpoints, services, and data flows. Input and cooperation from various stakeholders in…
Will Banks Be Able to Comply With the New 36 Hour Cyber Notification Deadlines?
BankInfoSecurity.com reported that “New cyber incident reporting rules are set to come into effect in the U.S. on May 1. Banks in the country will be required to notify regulators within the first 36 hours after an organization suffers a…
U.S. endorses the Declaration for the Future of the Internet!
Reuters.com reported that “The United States and 55 other nations on Thursday signed a political commitment to push rules for the internet that are underpinned by democratic values, at a time when the U.S. has accused Russia of wielding internet…
Beware of Cybersecurity Threats to Critical Infrastructure!
Darkreading.com reported that “While cybersecurity experts have been reticent to attribute the attacks to Russia, the links between their targeted and the current Russian invasion of Ukraine have suggested that the nation is the most likely sponsor. While the country…
What Are You Doing to Protect Your Medical Devices From Cyberattacks?
DataBreachToday.com reported that “commonly negotiated issues between healthcare delivery organizations and medical device vendors often involve expectations regarding notification of and patches for newly identified software security vulnerabilities, and those timelines.” The April 18, 2022 article entitled “Medical Devices:…
Extended Detection and Response (EDR or XDR) is Critical to Protect Cloud Data!
BankInfoSecurity.com reported that “Extended Detection and Response vendors face “an existential crisis” as the endpoint becomes less important now that businesses are typically storing their data in the cloud rather than on the endpoint. This has forced EDR providers to…
CISOs Have Greater Responsibilities Under the New Cyber Incident Reporting Act!
Darkreading.com reported that “When President Biden signed the omnibus spending bill Tuesday, he also put the bipartisan Cyber Incident Reporting Act into effect, which requires critical infrastructure companies in the 16 industry sectors identified by the federal government to report…
$615M Cryptocurrency Heist Reported!
BusinessInsurance.com reported that “Blockchain project Ronin said Tuesday that hackers stole cryptocurrency now worth almost $615 million from its systems, in what would be one of the largest cryptocurrency heists on record.” The March 30, 2022 report entitled “Blockchain…
FCC adds Russian and Chinese Companies to High-Risk Cybersecurity Companies!
BankInfoSecurity.com reported that “The U.S. Federal Communications Commission’s Public Safety and Homeland Security Bureau voted unanimously to ban Kaspersky Lab, China Telecom (Americas) Corp., and China Mobile International USA Inc., stating the companies posed a national security threat. In addition,…