Category Archives: regulatory trend

+1 State Considering Bitcoin Campaign Contributions. 5 Quick Points. Be informed in 5 seconds.

State: Colorado

Proposed Rules for bitcoin campaign contributions will:

  • follow along with the FEC
  • A Colorado Governor candidate was one of the 1st campaigns to accept bitcoin during the candidates congressional run
  • includes accounting rules
  • that liken cryptocurrency to inkind contributions
  • any crypto currency contributions count toward contribution limits

Governing | Should Bitcoin Be Used for Campaign Donations?

5 Points. Texas Cyber Security Experts Tell Texas What to Do.

Which Texas cybersecurity experts signed this letter to the Texas Secretary of State?

  • Scott Aaronson, Professor, University of Texas at Austin
  • Chris Bronk, Assistant Professor, University of Houston
  • Alvaro Cardenas, Assistant Professor, University of Texas at Dallas
  • Guofei Gu, Associate Professor, Texas A&M
  • Murat Kantarcioglu, Professor, University of Texas at Dallas
  • Jiang Ming, Assistant Professor, University of Texas at Arlington
  • Dan S. Wallach, Professor, Rice University
  • Brent…

The German Response to Protecting Critical Infrastructure from Hackers

Who is offering the suggested solution to combat hackers? The head of Germany’s domestic intelligence service

What is the proposed solution to combat hackers of Germany’s critical infrastructure? to plant malware that gets triggered when the critical infrastructure is hacked.

What does that mean in non-tech term? Fight back by hacking back. 

dw.com | German intelligence head warns of cyber attacks on critical infrastructure

 

1st State. Data Insurance Law. Regulator Initiated. Your shortcut to being informed:

South Carolina’s  H4655 (2018 | SC) will:

  • require insurers to establish “strong and aggressive” program to protect companies from a data breach
  • require insurers to establish “strong and aggressive” program to protect consumers from a data breach
  • what does it cover?  
    • rules for insurers, agents and other licensed entities covering data security
    • investigation and notification of breach
    • maintaining an information security program based on ongoing risk assessment
    • overseeing third-party…

4 Ways Election Integrity = Hacker Proof in the rhododendron state

West Virigina is securing its voting maschines from hackers by:

  • West Virginia Air National Guard, with top secret clearance, actively tracks hackers
  • West Virigina Secretary of State is prioritizing data security
  • Intelligence Fusion Center, a nexus of state and federal law-enforcement and intelligence officials who handle threats ranging from floods to cyberattacks.
  • State law requires that hand-countable paper ballots be used in every election

New York Times | How West Virginia Is Trying to…

Campaign TREND begets Regulatory TREND. An Ethics Commission + Campaign Contributions in Bitcoin = Regulations

State: Wisconsin

What did Wisconsin’s Ethics Commission do about bitcoin campaign contributions? The Ethics Commission Administrator asked the Legislature to make a determination on how to handle bitcoin contributions

What 2 policy reasons did the Ethics Commission give to the Legislature? 

  • “provide clarity to candidates and committees as to whether they may accept contributions of cryptocurrency.”
  • concern over the anonimity of bitcoin contributions

What prompted bitcoin as campaign…

+1 State Suing Over Equifax Breach. The Facts:

State: West Virginia

The lawsuit by the West Virginia Attorney General:  Violation of the the state’s Consumer Credit and Protection Act  

The potential penalty: $150,000 for each security breach and $5,000 for each violation of each of the 730,000 West Virginians affected by the Equifax breach

The statement from the WV Attorney General:

“Equifax’s failure to secure consumers’ personal information constitutes a shocking betrayal of public trust and an egregious violation of West Virginia…

Regulatory TREND. State Secretary of State Imposes Voting Machine Requirements in the Mountain Laurel Flower State

Pennsylvania Secretary of State imposed a 12/31/2019 deadline for:

  • each county in Pennsylvania
  • to order new voting machines
  • that keep a paper trail of each ballot

The total estimated cost for all counties: Between $95 million and $153 million

Penn Live | Pa. says counties must have new voting machines – with paper trails – for next presidential election

 

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 

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