What’s happening? This year Maine became the 1st state in the nation to ban the use of facial recognition software. Why is this important? Bans of facial recognition software up until then had been highly local and limited to county or city government bans. How will this be important? Maine is talking about it in […]
Monthly Archives: July 2021
The Person Who Helped Pass 24 Crypto Friendly Bills in WY
What’s happening? Fortune is profiling Caitlin Long who has helped pass 24 crypto friendly bills to make WY the wild Wild West of BlockChain. Why is this important? She is CEO of “crypto bank” startup Avanti Financial Group How will this be important? WY is setting itself up to have the first crypto bank Fortune | How […]
The political clique of Crypto currency
What’s happening? The Freedom Fest which use to be in Las Vegas, and for 2021 is in South Dakota, because it has the fewest COVID restrictions is lumping together 2nd amendment advocates, rights for sex workers and crypto currency supporters. They describe themselves as trending libertarian. Why is this important? Crypto currency policy is so […]
State Legislation Trend: Ban cities from paying ransomware
What’s happening? States like NY, NC, TX & PA are considering legislation to prohibit state governmental entities and local governmental entities from paying ransoms to ransomware Why is this important? Ransomware attacks are increasingly common and how their handled varies. By removing the ability to pay, the policy logic is the state also removes the […]
Wine & Blockchain & NFTs
What’s happening? Georgia, the country, is placing some its wine production on blockchain allowing investors and enthusiasts to track provenance and buy and sell associated non-fungible tokens Why is this important? First, NFTs are new, hot items. Secondly, the blockchain tracking of Provence will improve the reputation of Georgian wines and will be tied to […]
Following New Rules on Transferring Crypto Currency
What’s happening? The EU is adopting new rules requiring those who send and receive cryptocurrency to track senders and recipients Why is this important? to keep track of dirty money transactions, which is largely the same rules that exist for wire transfers How will this be important? These new rules can track down money launders […]
State Cyber Incentives for Businesses
What is happening? CT is starting an incentive program for businesses to adopt cyber security measures. HB 6607 (2021 | CT) Why is this important? The goal is to “reward companies for creating and maintaining a written cybersecurity program with administrative, technical and physical safeguards to protect both personal information and the businesses’ confidential data.” […]
2021 The Spring of Blockchain Legislation
What’s happening? 21 states considered blockchain legislation Miami considered paying its workers in cryptocurrency Miami considered receiving tax payments in cryptocurrency SF 38 (2021 | WY) in Wyoming made WY the first state to recognize decentralized autonomous organizations (DAOs) Fun fact: WY was the first state to recognize the LLC in the 1970s Why is […]
Cyber Insurance & ransomware
What’s happening? last year there was a 400% increase in ransomware. Cyber Insurance payouts top 70% of break even. Why is this important? This means it is no longer not cheaper to not pay the criminals. Now the insurers pay the criminals. How will this be important? Commerical premiums jumped 39% in March 2021. This […]
Coca Cola Adds Data Privacy Chief Officer
What’s happening? Coca Cola has added Chief privacy officer to “define global privacy and legal personal data strategy.” The new privacy officer is also a she according to the link. Why is this important? It wasn’t that long ago we started seeing Information officers and then Sustainability officers, and now Let’s welcome Data Privacy officers. […]