Cryptocurrency is seen as a new, wild, reckless, revolutionary, and sometimes shady financial instrument. In addition to legitimate transactions, a disproportionate amount of attention is paid to the criminal use of cryptocurrency to store wealth, collect payments, transfer illicit funds, and launder money. Malicious
Author: Matthew Rosenquist
Cryptocurrencies Should be Enabled to Blacklist Criminal Holdings
Banks and ATMs Under Cyber Attack
The Silence hacking crew, mostly attributed to a group of very crafty Russian hackers, has struck again pulling-in over $3 million in cash from ATMs.
At least 3 banks have been attacked in the latest campaign, with Dutch Bangla Bank being the largest. The criminal hackers first compromised the bank’s card management infrastructure… Read More
Google Trustworthy Response to Product Vulnerabilities Demonstrates Leadership
I applaud Google for taking extraordinary steps to protect and service their customers by offering free replacements for the Titan Bluetooth Security Keys. Such product recalls can be expensive, time consuming, and prolong negative stories in the news cycles, yet it is the right thing to do.
Many companies would choose instead
Will a Lack of Ethics Doom Artificial Intelligence
If there was ever a time that ethics should be formally applied to technology, it is with the emergence of Artificial Intelligence. Yet most of the big AI companies struggle with what should seem a simple task: defining ethics for the use of their products. Without the underpinnings of a moral backbone, powerful tools often become… Read More
Open Letter to the FTC Bureau of Consumer Protection
In December 2018 the FTC held hearings on Competition and consumer Protection in the 21st Century. A number of people spoke at the event and the FTC has graciously opened the discussion to public comments. The Federal Trade Commission has interest, certain responsibilities, and can affect changes to how data security evolves.… Read More
The 7 Most Dangerous Digital Technology Trends
As our world embraces a digital transformation, innovative technologies bring greater opportunities, cost efficiencies, abilities to scale globally, and entirely new service capabilities to enrich the lives of people globally. But there is a catch. For every opportunity, there is a risk. The more dependent and entrenched… Read More
When the Wrong Person Leads Cybersecurity
Succeeding at managing cybersecurity risks is tremendously difficult even for seasoned professionals. To make situations worse, poorly suited people are often chosen to lead security organizations, bringing about disastrous results. This has contributed to weaker risk postures for organizations and the rapid turnover… Read More
Technology Transformation for 2019
Digital technology continues to connect and enrich the lives of people all over the globe and is transforming the tools of everyday life, but there are risks accompanying the tremendous benefits. Entire markets are committed and reliant on digital tools. The entertainment, communications, socialization, and many others sectors… Read More
Should Companies be Allowed to Hack Back after a Cyberattack?
Potential for Hack-Back Legislation. Government officials and experts are weighing in on the concept of ‘hacking back’, the practice of potentially allowing U.S. companies to track down cyber attackers and retaliate.
Former head of the CIA and NSA outlined his thoughts to the Fifth Domain on the Hack Back issue currently being… Read More
Unhackable Product Claims are a Fiasco Waiting to Happen
Those who think that that technology can be made ‘unhackable’, don’t comprehend the overall challenges and likely don’t understand what ‘hacked’ means.
Trust is the currency of security. We all want our technology to be dependable, easy to use, and secure. It is important to understand both the benefits… Read More
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