Utility + Ransomware= Policy Makers Need to Know. Hello, Hurricane Legislation.

Which utility was hit with ransomware? Jacksonville, North Carolina-based Onslow Water and Sewer Authority

when was the ransomware triggered? middle of the night Saturday,  “specifically targeted” the utility in the wake of Hurricane Florence

what was the impact of the ransomware?

  • operating with limited computer capabilities
  • overwheliming IT support
  • accounts are being managed manually
  • not interrupt water and wastewater service

CyberScoop | Ransomware hits computer networks of North…

Regulatory TREND. Keep Bitcoin Transaction Clean with Strong Money laundering laws.How. What. Where.

Where: CipherTrace’s 2018 Q3 Cryptocurrency Anti-Money Laundering Report says 4.7% of funds moved through unregulated bitcoin exchanges is being cleaned

How can it be stopped? 

  • strong money laundering laws
  • bitcoin exchange regulation

 

Business Technology Media | Strong anti-money laundering laws hamper crypto-currency crime

7 Data Security Policy Issues Raised by a Financial Regulator. Put it on your Radar.

SEC Commissioner Kara M. Stein raises these policy issues for regulators:

  • Should a company value its data?
  • Should it disclose the value of its data?
  • Who is responsible for the appropriate collection and use of data?
  • Who is responsible for protecting the privacy of personally identifiable information that is collected and used?
  • Who is responsible for determining how data can be shared?
  • Who is responsible for establishing and implementing minimum standards for data collection and use?
  • Who i…

Lege TREND. Requiring Consumer Goods with Unique Passwords. 3 Points You Need to Know:

California’s Internet of Things legislation, SB 327 (2018 | CA), requires consumer goods to:

  • come with a unique password per consumer good
  • passwords cannot be set to admin or password
  • in the alternative, consumer goods can require a statup procedure that requires the consumer to set a password

BBC News | Weak passwords banned in California from 2020

Lege TREND. Data Miner Regulations. Legislation proposal.

How a state can legislatively protect its residents from data miners:

  • apply laws not only to 3rd party data miners but also 1st party data miners that do have a direct relationship with consumers such as:
    • retailers
    • social media companies

Also, what is a data miner? an entity or person that collects and sells personal information from consumers with whom the broker has no direct relationship

 

Electronic Fronteir Foundation | Vermont’s New Data Privacy Law

3 Reasons Tech Giants Oppose Australia's Encrypted Data Law

Which tech giants are we talking about? Facebook, Apple, Alphabet and Amazon

What is the opposition to the Australian encrypted data law?

  • giving law enforcement access,  creates tools that weaken encryption & is a huge risk to our digital security
  • oppose back-door access to their user’s data
  • 5 nations in the  Five Eyes nations are expected to follow suit: Australia, New Zealand, Great Britain, US and Canada

CNBC | Apple and Facebook among tech firms lobbying against Australia’s encrypted…

Lege Trend. Legislation to Regulate Data BROKERS. 5 Point Legislative Plan.

States can enacted legislation to address Data Broikers by:

  • impose a fiduciary duty towards the consumers whose data they harvest and monetize
  • establish a government office to assist the victims of data breaches
  • compensation for their financial & non-financial injuries 
  • require disclosures by data brokers like:
    •  consumer’s “right to know” what personal information a data broker has gathered
    •  how the broker obtained it
    • to whom they sold it
  •  require consumer consent for data…

LegeTREND. Consequence of state legislature enacted an internet of things security bill to protect data privacy

The TRUMP administration sued California when Governor Jerry Brown signed SB 327 (2018 | CA). 

What is the federal government telling the state?

  • data privacy is federal jurisdiction because it impacts interstate commerce
  • the FCC chair says the  “law prohibits many free-data plans”

Governing | Trump Administration Sues California After Governor Signs Net Neutrality Protections

 

REFRESHING OUR RECOLLECTION  |  informed:intel September 20, 2018:

California’s internet of things law, SB 327…