Category Archives: business trend

Poll: 54% Trust Tech Companies More Than Government

A poll commissioned by The App Association reveals a distrust of government on data security issues.

The informed intel:

  • 54% trust tech companies to secure their personal information
  • 21% trust the government to secure their personal information
  • 7 in 10 believe hacking is increasing

The Hill | Poll: Voters trust tech companies ahead of FBI on data security

INTERIM. TREND. Data Breach Law Changes. Read the Bill. New Requirements for Business.

Which state jumped on the enanced data breach notification law bandwagon? Nebraska

What 3 changes did Nebraska make to its data breach laws?

  • Expand the Data Triggering Notification to incude:
    • user name or email address along with
    • a password or security question and answer
    • that would permit access to an online account
  • Expands who Receives notice of a breach. Companies also have to notify the State Attorney General.
  • Encryption standard changed so that if the hackers got a hold…

INTERIM. 2 Problems for Business. Golden State Data Security Laws.

  • Liability. did the data security standards create a lawsuit free for all because of the security standard minimum?
  • Security Standards required for businesses.
    • the laws calls for reasonable standards
    • the Attorney General reported that Critical Security Controls created by the  Center for Internet Security should be the minimum

WallStreet Journal | Are California’s New Data Security Standards a Recipe for Liability?

Legal Trend: General Liability Insurance Cover Data Breach Liabilities. 3 Bits Informed Intel.

What have state courts been saying across the country about data breach insurance? General Liability policies don’t cover data breaches

What happened this week to alter this legal trend? The U.S. Fourth Circuit Court of Appeals in Virginia found that a ageneral liability policy covered a data breach

What does the insurance company say? The 4th Circuit Court of Appeals got it wrong. General liability policy that covered “electronic publication of material” with “unreasonable…

Tech & Privacy Interests Do Not Like Data Security Legislation. 3 Keys Informed Intel

  • Tech & Privacy Interests don’t like provisions forcing technical assistance to government investigations
  • Why the hestiancy over forced assistance? It will lead to greater data insecurity
  • Ties the hand of businesses that want to provide their customers greater security

The Hill | Encryption bill draft worries tech community

CNET | Encryption bill would force companies to surrender user data

West Coast State New Data Security Agency. Key Informed Intel. Read the Legislation. Find Procurement Opportunities for Texas.

  • The Bill creating the Washington State’s new Office of Privacy and Data Protection: Washington State House Bill 2875
  • What will be the purpose of the new Office of Privacy & Data Protection?
    • ​Determine what information state agencies are collecting
      • Do we know in Texas? No
    • Work with agencies to reduce the amount of consumer data being collected
    • Monitor & assist wit citizen complaints
    • Annual privacy review of state data collection
    • Educate Washington State residents about…

6 Ways Tech Has a Bigger Role in Elections. Campaign Contributions. Campaign Issues.

  • Gain legitimacy as mode of information providers & conduits
  • More than 1/2 of the debates have been co-sponsored by tech companies
  • Gaining traction as a baramoter for public mood via:
    • YouTube debate questions
    • Google analytics use in debate questions
    • Twitter posts utilized in debate questions
  • They host spin rooms, debate lounges to discuss candidates
  • Develop campaign technology
  • Advertising mediums

The Hill | Tech’s Big Play in 2016

Trucks. Buses. Ambulances. Cyber Security Issues. 3 Key Points.

  • Spanish hackers discovered that devices that make logisitics companies more efficient are subject to being controlled by hackers
  • Companies use “telematics gateway units” or TGUs, small radio-enabled devices attached to industrial vehicles’ networks to track their location, gas mileage and other data“
  • The ability to locate large vehicles and ambulences creates public safety concerns

Wired | Thousands of Trucks, Buses, and Ambulances May Be Open to Hackers

$170 Billion CyberSecurity Market.

  • By 2020 the worldwide cybersecurity market will reach $170Billion
  • In 2015 the world wide cybersecurity market is $75 billion
  • Cybersecurity related firms will spend $170 Billion 
  • By 2019, the cost of data breaches will be $2.1 trillion

researcher Markets and Markets | Cyber Security Market by Solution (IAM, Encryption, DLP, Risk and Compliance Management, IDS/IPS, UTM, Firewall, Antivirus/Antimalware, SIEM, Disaster Recovery, DDOS Mitigation, Web Filtering, and Security Services) –…

INTERIM & TREND: Data Ransom. Newest Target: Local Governmental Entities & Private Sector. 5 Bits Informed Intel.

What local governmental entity department was the newest target to hackers holding data for ransom? Durham, N.H., Police Department

How did the hackers do it? Attached a file to a email on a relevant police investigation that appeared to be fax file.

What did the police department do? Pay the ransom? Beat the ransom technology? The police department mitigated damage by recovering the locked files from a backup copy that hadn’t been infected. The department paid no ransom.

Is this…