Welcome to the Future!
Which banks are invloved? The 8 largest banks are joining forces. This includes Bank of America, JP Morgan, and Goldman Sachs.
What will the 8 banks do to protect against cuber crime? Share intel and conduct war games to improve data security.
Why did they form? The large banks issues are similar unlike the data security efforts among all financial institutions and the large banks share information with the federal governmet but believe they get little information in return.
Which state included data regulation of marijuana? Colorado
What is the goal of data regulation of marijuana legalization? safely and securely control the flow of the drug across the state
What state agency houses this data center? Marijuana Enforcement Division (MED) in the state’s Department of Revenue
Governing | Managing Marijuana: the Role of Data-Driven Regulation
The state: Alabama
The legislation: A State agency to track student data from early education through entering the workforce
What‘s the background? In 2015, the Governor issued an executive order to create a longitudinal data system to track studnt data. This executive order requires legislation to fund it.
The projected cost to track student data? $1.6 million
What did the Governor’s Executive Order do?
Reuters | Democrats fear hackers targeted tight Florida races for latest data leaks
The Electronic Privacy Information Center (EPIC.org) wants states to pass bills that:
The growth of investment in cybersecurity firms since 2011: 235%
SC Magazine | Investment in cybersecurity strong as cyberthreats increase
The Democratic National Committee this week announced a new cybersecurity advisory board.
The intel to keep you informed about the future of campaigns and data security:
What type of healthcare data? Medical records and wearable data from heart monitors to implanted devices to fitbits
What is crucial about protecting health care data? It must be protected as the information moves from device to cloud storage to medical records end point at a physician or hospital
What makes health records more valuable?
Why are businesses not securing all online information? Its profitable to not secure the data. The penalties for not securing data are not impactful.
What legislation or regulatory reform is crucial? Not government specifics on security but rather strong enforcement and meaningful fines from regulatory enforcement.
What’s the future in hacking? Its not buying and selling information, but rather modification of the data that is out there already.
The enforcing regulatory authority: U.S. Department of Health and Human Services
The data breach: 4 million patients personal data, financial information and electronic health information was exposed in 3 different incidents within 1 year.
The Settlement amount: almost $6 million fine