Category Archives: business trend

LEGE TREND. Cutting Costs. Cybersecurity. Small Businesses. The Government is Here to Help Small Business.

The legislation: Small Business Advanced Cybersecurity Enhancements Act of 2018 H.R. 4668

3 Points from HR 4668:

  •  create cybersecurity assistance units at Small Business Development Centers (SBDCs) throughout the country
  • point-of-contact for small businesses that suffer a cyber-attack
  • Coordinate expertise from several federal agencies to provide small businesses with the best resources to prevent and recover from cyber-attacks.

The Support Letter from the US Chamber:   HR 4668 Letter 

3…

Lege TREND. The blockchain Bill Package from the State Wanting to be THE WORLD LEADER on blockchain.

Wyoming looks to be a world leader on blockchain technology.

To achieve its goal, Wyoming Legislature passed these bills:

What is Wyoming’s state strategy? Wyoming’s…

4 Impacts of the April Data Breach of US Pipelines.

Date of cyber attack: April 2, 2018

What part of a pipeline system was attcked? an Electronic Data Interchange for the pipeline system

What impact did the hack have on the piepline?

  • The interchange was handled by a 3rd party
  • allegations that the system was shutdown, with no known impact on the natural gas flow
  • later in the evening, it was  safe to transfer files through the EDI platform
  • no data or operations were affected by the attack

CISO Magazine | Energy Transfer Partners reports…

5 best practices. Business & Government Cooperation for Data Security from US Businesses

The US Chamber of Commerce has a new White Paper supporting business-government partnerships for data security.

The 5 best practices recommended: 

  • Cultivate trusted and bi-directional relationships with law enforcement and prosecutors
  • Join a cyber information sharing organization
  • Implement and Update cyber incident response plans
  • Loop in legal counsel to keep counsel up to date on business’ cyber plans and resources
  • Actively contact law enforcement during incident response for suspected…

Legal Trend. Ride Share + Data Breach = State Attorneys General File Suit . +1 State.

Pennsylvania Attorney General has filed suit against Uber for violating the state’s data breach notification laws.

What are the alleged violations? (Also Known As red flags for drafting data breach notification laws)

  • 13,500 Pennsylvanians were not notified in a reasonable time
  • each violation has a $1000 fine, for a total of $13.5 Million

What ogther circumstances did the Attorney General mention?

  • The company waited a year
  • intentionally hid the breach
  • contracted with hackers concerning the…

Local TREND. Local Government Triggers Data Consortium. +1 City- Texas' Bayou City.

What role did local government play? Houston Mayor and City Council tasked a group to develop strategies to support and attract technology companies

The result of the local government task:  A land-neutral proposal for a data consortium 

Local additional elements: The Univeristy of Houston’s Institute for Data Science that will focus on:

  • cyber and physical security
  • drug development and discovery
  • sustainable communities and infrastructure
  • accessible and personalized health care

 

Houston…

Anatomy ot the Saguaro Cactus State & Local Cybersecurity Team. Membership + 3 Goals. Build Your Own State Team via Executive Order.

Arizona Governor Ducey by Executive Order created the Arizona Cybersecurity Team (ACT).

ACT team membership: experts from state, local, and federal government, the private sector, and higher education

ACT Goals:

  • enhancing cybersecurity workforce development and education
  • increasing public awareness on cybersecurity best practices
  •  advise and provide recommendations to the governor

The ACT primer cites 4 data breaches to support its mission:

  • Texas Comptroller Data Breach
  • Utah Health Care…

REGUALTORY TREND. More Transparency for Businesses on Data Security + Coming to a State Near You.

SEC adopted new rules this week to require greater disclosure of cybersecurity threats by businesses. 

What you need to know:

  • prohibits trading on insider cyber security knowledge
  • companies are urged to develop policies that allow them to quickly assess cybersecurity risks and decide when to tell the public
  • prohibits companies from using internal or law enforcement investigations as an excuse for not informing the public.

Tech Crunch | The SEC says companies must disclose more information…

Business TREND. TRUST CHARTER to partner Business & Government in Data Security. 8 partners. 2 fundamentals.

The 8 partners in the TRUST CHARTER:

  • Siemens
  • Munich Security Conference
  • Airbus
  • Allianz
  • Daimler Group
  • IBM
  • NXP
  • SGS
  • Deutsche Telekom

Action Areas for Business and Government:

  • A call to responsibility at the highest levels of government and business with a dedicated government section and chief information officer at organizations
  • Companies must develop mandatory, third-party certification for infrastructure and solutions

“Governments must take a leadership role when it comes to the…

Lege TREND. Blockchain Bills in the Goldenrod flower state. 3 Key Elements to the Bills with Local Government Preemption

State: Nebraska

The legislation: 

  • LB 987 Bitcoin as acceptable currency
  • LB 691 Virtual Currency Money Laundering Act
  • LB 694  State preemtion on blockchain technology & prohibits local taxing of blockchain
  • LB 695 Blockchain state contracting

LB 694 & 695 will require that:

  • blockchain signatures are legally valid in Nebraska
  • smart contracts are valid in all commerce in Nebraska
  • local governments cannot tax, license or regulate blockchain technology

Omaha World Herald | Nebraska…