The US DoJ has seized $5billion in crypto. The real interesting point is that the coin was stolen in 2017 at a value of $17million and has appreciated significant (like any investment) over the past 4 years. Assistant Attorney General…
The European Central Bank (ECB) is warning EU banks to prepare for Russian state sponsored cyber attacks ahead of the recent tensions between East and West. I do hope that tension can be deescalated over the coming weeks. Financial infrastructure…
The UK Foreign, Commonwealth and Development Office (FCDO)‚Â called in BAE applied intelligence to help resolve a cyber incident in January 2022. There is no detail of the incident and it is difficult to speculate other than to point towards heightened…
A regulatory foot in the water for the SEC, ATS regulations and block chain based trading platforms? #cryptocurrency‚Â #cryptoregulation‚Â #cryptoassets‚Â #crypto‚Â #nft‚Â #cyberlaw‚Â #regulations‚Â #cryptoregulation #cybersecurity‚Â #cyberriskmanagement‚Â #compliance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #regulation‚Â #cbdc‚Â #aml‚Â #kyc View Original Post
Thank you for publishing this Scott Edwards (Kurt Lessmann,‚Â Chandler Hall‚Â and‚Â Amy Edwards) highlighting the challenges Small Business America (and big business for that matter) is facing with CMMC compliance, and the challenges the DoD could face if companies decide to leave…
The amount of money that the UN estimates the North Koreans have hacked over the past 3 years is difficult to accurately quantify, but its well north of $2Billion. From crypto currency hacks and ransomware campaigns. Monies used to fund…
A thin regulatory tightrope that is getting thinner. The costs of developing a compliance regime to satisfy market regulators is not small. If the SEC for example adopts an approved persons regime for crypto exchanges the whole board dynamic will…
$320 million in stolen crypto funds have been replaced by Jump trading following last weeks hack. I have asked this question before, where do you get the crypto from to replace the lost funds and who accounts for the loss?…
Looking for innovative uses of blockchain and crypto, no doubt one of many that are out there that no one here’s about. Building a network of connected devices, its own currency and enabling secure connectivity for devices. Lateral thinking applied…
A great read, a balanced view of CMMC over the past 3 years, and the challenges ahead for defense contractors if the DoD continues with CMMC 2.0. The DIBCAC assessments point to the obstacles the DIB is going to face…
