Category Archives: private corporations

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

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:

Campaign & Lege TREND. Data Collection by Businesses. 1st Proposal in the Nation.

A ballot proposition in California would:

  • allow Californias to tell businesses not to sell their personal information
  • permit Californians lawsuits if  a business fails to implement reasonable security procedures and later suffered a data breach
  • creates a right to know for consumers to know when a business sells or discloses their information for a business purpose

Exception to the ballot proposal?

business that collect less than $50 million in annual revenue and meet certain other standards…

Business Trend. Smart Cities + Energy Storage = Municipal Cloud Storage

The companies : Blink Charging & Israeli smart city developer Ya’acobi Brothers Group

The benefits of EV Charging via City Infrastructure:

  • Enable smart city infrastructure
  • Permits integration with wif-fi, cloud networks, cameras for city data management

Utility Dive | Blink eyes significant EV charging expansion via smart streetlights

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. State Net Neutrality Bills. 2 Reasons to Oppose the Bill in the Blue Columbine State

State: Colorado

The Net Nuetrality Bill in Colorado: HB18-1312 

What group is opposing the bill? Americans for Tax Reform sister organization, Digital Liberty

What reasons do Americans for Prosperity offer to oppose Colorado’s HB18-1312?

  • The bill does not help net nuetrality, because the FCC did not destroy the internet
  • The bill harms Coloradoans

The Hill | Colorado’s legislature should think twice about passing a net neutrality law

Anatomy of Rail Data Safety Bills. 2 abridged bills in 3 easy steps.

Congress is considering STB Information and Security Act (H.R. 4921) and The FRA Safety Data Improvement Act (H.R. 4925) that will:

  • implement a plan to improve railway nformation security system
  • improve the management and collection of railroad safety data
  • identifying and mitigating rail safety risks

Railway Age | Rail data security bills head to Senate

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…

3 Reasons 30+ State Attorneys General Opposition to Federal Data Breach Preemption.

32 Attorneys General oppose federal preemption of state data security laws because:

  • Reduces state enforcement by allowing entities to decide if a breach needs to be reported
  • Prevents proactive action by consumers in state law, which states currently have
  • Leaves a vacant enforcement loophole for breaches that impact fewer than 5000 

Pocono News | PA attorney general seeks stronger enforcement of data breach notification laws

Bi partisan Attorneys General Letter Opposing Federal Data Security…