The largest theft of Crypto in history, as its announced $1.5 Billion (yes that’s a B) has been stolen from Dubai-Based company Bybit’s Ethereum Wallet. It’s a further evidence (if one were ever needed) of the challenges the crypto industry…
A nice little earner. It should fund a few more missiles.@Thaddeus Dziekanowski Veritas GRC #cybersecurity #cyberriskmanagement #crypto View Original Post
There are plenty of upsides from AI, once we get the business cases sorted out to demonstrate its return on investment. A return that may not be to clear financially just yet, but one that industry seems to be focused…
A very important move by the British Government, as it introduces a Bill to clarify Cryptos legal status. Bitcoin and other digital assets can be considered personal property under new draft law introduced in Parliament today (11 September 2024). Interestingly…
I don’t think anyone would say that AI doesn’t have its uses. But history shows the tech investment battlefield is littered with the fragments of burst tech bubbles, NFTs, blockchain, big data and to some degree even cyber. It should…
The Crypto cases keep on rolling as the SEC has announced that it is suing the cryptocurrency company NovaTech. Saying it raised over $650 million from more than 200,000. In what appears to be a ponzi scheme, using new investors…
Indian Crypto exchange Wazirx may have been hacked, losing a reported $230 million. In a hack that reads like a bridge related compromise. What’s $230 million in crypto, it’s unregulated, just mine some more. If this were a bank, the…
A very interesting speech given by Gurbir S. Grewal the director of the division of enforcement at the SEC earlier this month. ‘Enforcing the Federal Securities Laws in the Age of Crypto’. A speech that gives some clues as to…
Is the recent ruling by the US Supreme Court on the Chevron Deference going to have any effect on cybersecurity regulatory compliance in the U.S? While the Chevron deference instructed lower courts to defer to expert Federal agencies in the…
The SEC has announced charges against the former CEO, CRO and CFO with misleading investors about the strength of its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program and monitoring of crypto customers. The SEC’s complaint alleges that Silvergate and the CFO misrepresented…
