Category Archives: regulatory trend

Lege Trend. An internet bill of rights? Hello all tech & telecom: this one is for you. Marketing and data limits.

Activists are promoting an Internet bIll of Rights, the kind of bill state legislatures love. What would it do?

  • Keeping your “browsing history” private
    • ​Except: fraud or potential crimes  
  • Full disclosure when being monitored, and the right to opt out
  • Preserving the privacy of your social media accounts.
  • Ownership of your personal, digital content
  • Notification of injurious data breaches
  • Fair play on social media platforms and/or internet providers
  • Protecting children on social media

    • …

Regulatory TREND. More Data Sharing Requirements. Cyber Threat Reporting. 3 Supporting Arguments

DOE Secretary Perry looks to DOUBLE the number of utilties sharing cyberthreat information.

Why?

  • Close collaboration between DOE and utiltiies helped thwart utilty cyber attacks last year
  • DOE is increasing its cyber security efforts
  • “We’re leading by example, by strengthening protection and response capabilities for our own power marketing administrations that fall under the DOE’s supervision,” Perry said.

FCW | DOE looks to double number of electric utilities sharing cyber threat data

 

Local Trend. Cyber Security for the Internet of Things. Where Utilities and Cities Intersect.

A Navigant research report on cyber security of utilities and the grid broadened cyber security to smart meters.

The suggested recommendations for smart meter cyber security:

  • robust security strategy
  • clear breach response plan
  • providing strong and constant security training to all employees

State Tech | Where Smart Utilities Meet Cybersecurity

State Data Encryption by the Numbers in Illinois

WSRP | Gov. Rauner signs bill to officially recognize DoIT 

Regulatory TREND. 10 Requirements for a Initial Coin Offering in NJ

New Jersey Financial Services Commission has 10 requirements for Jersey ICO issuers:

  • Be incorporated as a Jersey company.
  • Receive consent under the COBO from JFSC before any action is taken (the consent process is detailed further in the Guidance Note).
  • Comply with JFSC’s Sound Business Practice Policy.
  • Apply relevant anti-money laundering and other such requirements to ICO purchasers.
  • Appoint and maintain a trust company business (“TCSP”).
  • Appoint and maintain a Jersey resident director.

    • …

Regulatory TREND. 5 Activities Requiring BITLICENSE in NY

NY Department of Financial Services requires a bitLicense for any of the following acitivities:

  • Virtual currency transmission
  • Storing, holding, or maintaining custody or control of virtual currency on behalf of others
  • Buying and selling virtual currency as a customer business
  • Performing exchange services as a customer business
  • Controlling, administering, or issuing a virtual currency
     

BitLegal | The New York Department of Financial Services (NYDFS), grants a virtual currency (VC) license…

Local Government TREND. Hiring CIOs and CDOs

Chief Information Officers and Chief Data Officers are on the rise for local governments.

What does a Chief Data Officer do? In Cook County, IL the job description is:

  • “organizational governance and policy directives around data usage,”

  • ensuring proper accessibility standards for data

  • evidence-based decision making

  • innovative projects 

  • oversee a communications technology team

  •  holding a leadership position on a Data Governance Council charged with “applying the precepts…