What is happening? The mayor of Reno, NV is considering selling an NFT of a city sculpture Why is this important? Revenue. NFTs were a $25 Billion business last year. How will this be important? How many other items can cities or local governments convert to NFTs and sell to gain revenue. NFTs the new […]
Category Archives: Uncategorized
Data Breach Notifications 6 hour- 72 hours
What is happening? India by rule is shortening the data breach notification period to 6 hours. The rules were implemented by the country’s computer emergency response team, CERT-In & apply to including service providers, data centers, government organizations, and corporations. Why is this important? By reference, the EU’s GDRP has a 72 hour notification rule […]
Model Law Gains. Data Security Insurance.
What is happening? Slow and steady wins the race. The model insurance data security legislation by the National Association of Insurance Commissioner has gained 2 more states. Kentucky & Maryland. Why is this important? Kentucky HB 474 (2022 |KY) & Maryland SB 207 (2022 | MD) both put requirements on carriers to do things like […]
State Legislation: Crypto as Legal Tender
What is happening? California is considering Senate Bill 1275 that would make cryptocurrency tender for purchasing state and local government services- like taxes or vehicle registration. Why is this important? California State Controller Betty Yee has indicated concerns about consistent financial reporting with cryptocurrency. An economist at Loyola Marymount University said, “I think it is […]
What Policies Do Bitcoin Miners Want?
What is happening? at the FTX and SALT’s Crypto Bahamas event. Crypto miners talked about energy efficiency and regulatory certainty. Why is this important? The efficiency is focused on their mining by improving hashrate efficiency (the amount of power that a machine requires to produce a bitcoin) & data mining centers becoming more specialized and […]
North Carolina Prohibits Communicating with Ransomeware .
What is happening? As part of North Carolin’a budget bill it prohibited state and local governments from communicating with ransomware hostage takers. Why is this important? If anyone watched Texas House Committee on State Affairs this week, you would have heard testimony from Texas DIR that it can cost less to rebuild than to pay […]
Dive into a Crypto Hack
What is happening? MIT Tech did a dive into the March 2020 crypto hack that resulted the pilfering of $620 million in the cryptocurrency Ethereum Why is this important?”In 2021, criminal hackers stole approximately $3.2 billion in cryptocurrency” How will this be important? The crypto world is moving too fast for seemingly both cybersecurity and […]
FIDO Alliance
What is happening? For the last 10 years the FIDO Alliance has been pushing to make smart phone technology a replacement for old passwords. Why is this important? The idea is your smart phone would authenticate you so passwords would be unnecessary. How will this be important? FIDO Alliance is 250 companies that are largely […]
Cowboy Crypto Partnership
What is happening? Cowboy Crypto. Cowboys are the first NFL team to announce a crypto currency partnership with blockchain.com Why is this important? NBA signed a a deal in October with Coinbase. Crypto.com bought naming rights for an arena shared by the Lakers, Clippers, Sparks and Kings. Crypto.com was named a unique digital currency trading platform […]
+1 State BroadBand Office
What is happening? Mississippi is considering HB 1029 (2022 | MS) that creates the Broadband Expansion and Accessibility of Mississippi office to create a streamlined, central process for how broadband dollars are doled out for projects. Why is this important? Mississippi has an exception for open meetings for state offices, but not for state commissions […]