What is happening? A report released this week from Accenture says there is an uptick in politically motivated hackers, with more hackers motivated to hack Russia. Why is this important? Cannot make this stuff up: ” the notorious Conti ransomware gang pledged allegiance to Moscow. In response, a Ukrainian security researcher decided to leak a trove of internal […]
Monthly Archives: March 2022
What’s Going on in Wyoming?
What is happening? Wyoming has amended its playing field for crypto currency by providing for more decentralized organizations, which use digital tokens to track membership and more. The jargon is decentralized autonomous organizations, or DAO. SF 68 (2022 | WY) Why is this important? DAO status gave American CryptoFed the requisite structure to pursue federal […]
Wyoming Stable Coin Legislation
What is happening? Wyoming Legislature is considering Senate File 106 (2022 | WY) that would allow the State Comptroller to create a state stable coin (a form of cryptocurrency). Why is this important? Wyoming would become the first state to issue a stable coin. How will this be important? There are 49 other states that […]
State Rules on Crypto Currency
What is happening? As we’re not near federal rules on crypto currency, let’s see what the states are up to. Why is this important? An overview of state crypto rules: Arizona is considering legislation to make bitcoin legal tender. California is considering legislation to allow people to pay for state services with cryptocurrency Colorado Governor […]
Cryptocurrency Executive Order
What is happening? This week President Biden issued an Executive Order concerning cryptocurrency to centralize regulatory enforcement, protect consumers, and mitigate the fiscal and human costs of crypto misuse. Why is this important? The Federal Reserve back a new Central Bank Digital Currency (CBDC) thereby laying the groundwork for a US backed digital currency that […]
Cybersecurity &Procurement in Texas
What is happening? The Texas House of Representatives Committee on State Affairs will be deep diving into the status and adequacy of cybersecurity preparedness among state agencies and contractors. Why is this important? The cybersecurity of those who receive procurement awards is increasingly important. How will this be important? A quick search of InfoHive will […]
Anonymous Targeting Putin and Russia
What is happening? Earlier this week Anonymous announced on twitter it will be focusing on Russia and Putin to aid the Ukraine How is this important? Hackers on both sides for this conflict that has a strong cyber element. Why will this be important? Case of first impression for a global “cyber warfare” CNBC | […]
Ransomware attacking countries opposing Russia
What is happening? Politico Cybersecurity says Conti ransomware gang and the LockBit 2.0 ransomware group have vowed in recent days to attack the critical infrastructure of any nation that retaliates against Russia Why is this important? Remember the hackers who seized control of the Colonial Pipeline. How will this be important? Besides wondering whether cyber insurance policies hold […]
State Data Security Reactions Amid Ukraine Invasion
What is happening? In Texas, “Gov. Greg Abbott sent a letter to the Texas Department of Information Resources and the Department of Public Safety directing both agencies to use their resources to safeguard critical infrastructure and to help local governments and school districts with their needs.” “Colorado Gov. Jared Polis issued an executive order directing the Office of Information Technology […]