Why in an age of uncertainty trust is key to building business resilience

Credit to Author: Hervé Coureil| Date: Mon, 14 Nov 2022 17:00:51 +0000

As climate change, digital disruption and geopolitical instability pose increasingly interconnected and unpredictable forms of business risk, trust is more fundamental than ever in building resilience Trust is one of… Read more »

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Would a US digital dollar let the government track you?

US legislators continue to press for the creation of a digital dollar, raising questions about whether the move could make it easy for the federal government to track business and consumer transactions.

Putting all the digital dollars on one electronic ledger operated by the Federal Reserve would also be a tempting target for cyber criminals.

In March, lawmakers introduced a bill that would allow the US Treasury to create a digital dollar and pilot it to determine its viability. That same month, President Joe Biden called for more research on developing a national digital currency through the nation’s central bank. The order highlighted the need for more regulatory oversight of cryptocurrencies, which have been used for nefarious purposes such as money laundering and other criminal activities.

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16 Wall Street firms fined $1.8B for using private text apps, lying about it

The US Securities and Exchange Commission (SEC) has fined big-name banks and brokerages a collective $1.8 billion over workers’ use of private texting apps to discuss work and for not always saving those messages. The fines include $1.1 billion assessed by the SEC and a $710 million fine from the Commodity Futures Trading Commission (CFTC).

The SEC investigation uncovered what the agency called “pervasive off-channel communications,” that were collected by the firms themselves from employee devices. The employees included senior and junior investment bankers and debt and equity traders.

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California eyes law to protect workers from digital surveillance

Credit to Author: Matthew Finnegan| Date: Thu, 21 Apr 2022 09:01:00 -0700

The California State Assembly is considering new rules that would offer workers greater protection from the use of digital monitoring tools by employers.

The “Workplace Technology Accountability Act” (AB 1651), introduced by Assemblymember Ash Kalra, would create a way to protect workers against the use of technologies that can negatively affect privacy and wellbeing.

The bill would “establish much needed, yet reasonable, limitations on how employers use data-driven technology at work,” Kalra told the Assembly Labor and Employment Committee on Wednesday. “The time is now to address the increasing use of unregulated data-driven technologies in the workplace and give workers — and the state — the necessary tools to mitigate any insidious impacts caused by them.”

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Will World War III begin in cyberspace?

Credit to Author: Steven J. Vaughan-Nichols| Date: Tue, 25 Jan 2022 03:00:00 -0800

People die because of cyber wars, even if no bullets are ever fired. Instead, they die in emergency rooms that no longer have power, from broken medical communication networks, and from riots. All of this has happened before. It will happen again. And now, with Russia poised to invade Ukraine and Russian cyberattacks already in motion, we can only hope and pray that what promises to be the first major European war since World War II doesn’t spark the next World War.

If it does, I fear the proximate cause won’t be Russian T-90 main battle tanks trying to smash their way into Ukraine’s capital, Kyiv. It will be the Russian GRU Sandworm hacking group launching a cyberattack that perhaps wrecks the European Union power grid; or knocks out major US internet sites such as Google, Facebook, and Microsoft; or stops 4G and 5G cellular services in their tracks.

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CetaRAT APT Group – Targeting the Government Agencies

Credit to Author: Prashant Tilekar| Date: Wed, 13 Oct 2021 12:39:07 +0000

CetaRAT was seen for the first time in the Operation SideCopy APT. Now it is continuously expanding its…

The post CetaRAT APT Group – Targeting the Government Agencies appeared first on Quick Heal Blog | Latest computer security news, tips, and advice.

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