Category Archives: business trend

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…

Lege TREND. State laws. Data Protection for Internet of Things.

California’s internet of things law, SB 327 (2018 | CA), is:

  • first in the nation to address cyber security for internet of things
  • internet of things- connected thermostats, coffee makers etc… that have been used to take down major websites
  • it sets the floor for data security standards for connected devices

Concerns:

  • Whether placing standards on ingternet of things harms innovation

Washington Post | The Cybersecurity 202: California’s Internet of Things cybersecurity bill could lay…

Local RFP TREND. Digital Tourism. WHAT. WHERE. HOW.

WHAT: touchscreen kiosks to direct residents & tourists to:

  • points of interest
  • offer directions
  • offer WIFI
  • public transit maps
  • emergency alert functions.

WHERE St Louis MO via  St. Louis Development Corp., the city’s economic development arm

HOW: Issued a request for proposals that requires:

  • kiosks not be considered a commercial venture
  • kiosks are not a type of electronic billboard
  • capable of capturing video surveillance footage at 1080p resolution
  • 4G or 5G

State Tech | St. Louis Aims…

3 Reasons US Chamber Opposes State Data Privacy law. WHAT? WHY?

WHAT: The US Chamber of Commerce opposes California’s Consumer Privacy Act and wants the federal government to preempt state law

WHAT legislative specifics do they want?

  • Preemption of state data protection laws
  • Require concrete harm before a lawsuit
  • Preclude all class action lawsuits
  •  

WHY? 

  • avoid a disparate patchwork of data privacy rules
  • without preemption, companies have to choose the strictist law to comply with and that is California’s consumer privacy act

MARTECH | US Chamber of…

Business TREND. Cyber Insurance Growth Estimates.

​German reinsurance giant Munich Re estiamtes cybcer insurance market will:

  • double by 2020 to over 8 billion dollars
  • corporate spending will be $3.4-$4 billion (3-3.4 billion euros) in 2017
  • corporate spending will be up to $8-$9 billion by 2020
  •  economic costs of large-scale cyber attacks already exceeds losses caused by natural disasters

PHYS.ORG | Cyber insurance market to double by 2020, says Munich Re

Fresh Regulatory & Legislative Issue: Cybersecurity & Aerospace

Congress, and thus soon the states, will openly consider regulatory and legislative measures for cybersecurity in aerospace including:

  • aerospace equipment
  • airport cybersecurity
  • connected devices

Why should I care about this for my clients?  Atlanta’s airport 2017 ransomware attack costs  may be upward of $40 million in direct costs and loss of productivity

House Committee on Homeland Security | UNDERSTANDING CYBERSECURITY THREATS TO AMERICA’S AVIATION SECTOR

Local TREND, Cities & Cybersecurity Insurance

Cities with mentioned cybersecurity insurance coverage:

  • Houston, 3  policies covering $10 Million with a $471,400 premium
  • Dallas
  • San Antonio via existing property policy
  • Ft. Worth,  $5 million cyberpolicy with a $99,570 premium
  • Atlanta 
  • Charlotte, N.C
  •  San Francisco has $50 million cyberpolicy for its public-health department

Cities actively looking at acquiring policies:

  • Boston
  • Nashville
  • Washington, D.C.
  • San Jose, CA

Self insured cities:

  • Seattle 

Wall Street Journal | More U.S.…

Local Procurement TREND. Local WiFi Brings Telehealth Opportunity

What steps did Chattanooga TN take to expand health care accessibility?

  • Chattanooga’s utilities provider,invested heavily in fiber-optic network infrastructure, delivering 1-gigabit-per-second connections
  • The city actively explored  delivering telehealth services to residents who subscribe to EPB broadband services
  • Docity, as Hypepotamus reports, is “a HIPAA-compliant telehealth platform that works by partnering with communities and internet service providers to add telehealth access to…

5 States leading the way on Data Security Legislation. Medical Data. Retail Data. Data Businesses. All Businesses.

States are enacting more quickly and fully than the federal government on data security regulation. Here’s a look at the 5 states leading the way: