June 2018 – Page 2 – InfoHive

Lege TREND. How big are data security fines getting in legislation? 50x increases

Arizona’s recently passed, HB 2154 (AZ | 2018) , data breach reform bill increased data breach fines from $10,000 to $500,000 per breach.

The intent: the stick for the carrot of notifying consumers quickly

In league model legislation leagues are requesting access to this data:

The Study is by: John Griffin, a finance professor at the University of Texas

What did the study examine: mapping the blockchains of Bitcoin and Tether to track purchases

What did those purchases show? entities associated with the Bitfinex exchange timed purchases so as to rise the price of bitcoin

A Mexican political party challenging the front runner in the Mexican Presidential elections, had its cmapaign website hacked during a live debate.

The DDoS attack resulted in the campaign’s site being down for the debate.

State: West Virginia

The blockchain voting pilot program: secure military mobile voting in two counties

How does the blockcahin voting app work?

City: Kansas City, MO

What does its RFP want?

Technology Partner to make it the smartest city in the country
The partnership will design & build:
- a “full integrated suite of sensors, networks and data and analytics platforms,”
- built off its current smart city network
- 30-month construction period
- develop a long-term strategic plan for the next 10 to 30 years

19 year old hacktivist
Nom de hack: Vigilence
Faces 5 counts of computer crimes in Minnesota
The hack attacked state computers
The hack was in response to no conviction on charges for a police officer accused of shooting a civilian

Atlanta officials are asking for an additional $9.5 million to recover from a ransomeware attack.

What do I need to know about Atlanta’s ransomware attack?

Worst ransomware attack in US history
More than 1/3 of the city’s 424 software programs were offline, fully or partially
The $35 million budget for the technology department is not enough to recover
The ransom was $51,000 worth of bitcoin

Utility tokens are a hot commodity among bitcoin currencies
Why are utility tokens popular?
- some think they offer legal protection from regulatory schemes
- others think utility tokens are key to block chain’s future
Utlity tokens will most likely be regulated by the SEC and State Securities Boards

An Atlanta news station asked for public records related to Atlanta’s ransomware attack.

The city repsonse: No. Not going to happen.

Why is the city denying the open records request? ongoing investigation, ongoing security concerns

What do freedom of information experts say? The Freedom of Information Act does allow for exemptions during open investigations