Cybersecurity articles

Photo by SeongJoon Cho (Bloomberg)

Cybersecurity Funds Well Spent at IRS, Watchdog Says

Cybersecurity Funds Well Spent at IRS, Watchdog Says

By Kat Lucero, Bloomberg BNA The IRS appropriately used $106.4 million in funding designated for cybersecurity enhancements and identity theft prevention, the agency’s watchdog said. “Cybersecurity funding supported network security improvements, more effective monitoring of data traffic, replacement of outdated equipment, and protection of taxpayer data from unauthorized access by identity thieves,” the Treasury Inspector

Photographer: Andrey Rudakov/Bloomberg

How to Prepare for New Data Regulations in Europe (Perspective)

Editor’s Note: The author is a managing director at HBR Consulting and focuses on IT services. By Laurie Fischer, Managing Director of Information Governance, HBR Consulting A surprising 80 percent of international IT professionals say they know little to nothing about the General Data Protection Regulation (GDPR), according to a Dell survey. And a staggering 97

Peter Smith, chief executive officer of Blockchain Ltd., gestures as he speaks during the Noah technology conference in Berlin, Germany, on Thursday, June 22, 2017. Photographer: Krisztian Bocsi/Bloomberg

Delaware Blockchain Move Drawing in Private Companies, Law Firms

By Sara Merken, Bloomberg BNA Delaware earlier this month became the first state in the nation to allow companies to use blockchain technology to issue and track stocks. Private companies, and law firms, are lining up. Legislative amendments became effective in August that will allow the more than 1 million public and private entities incorporated

Photo by Sandy Huffaker/Getty Images

Wake Up Call: LGBT Groups Vow to Sue Over Trump Transgender Ban

• President Donald Trump tweeted that he will ban transgender people from serving “in any capacity” in the U.S. military, reversing a decision by former President Obama. (Bloomberg) The ban is “doomed” in the courts, writes Harvard legal scholar Noah Feldman, as several civil rights and LGBT organizations said they are ready to sue to block it. (Bloomberg

A ransomware demand for the payment of $300 worth of bitcoin sits on the screen of an Apple Inc. Macbook Air laptop infected by the 'Petya' computer virus. Photographer: Vincent Mundy/Bloomberg

Blank Rome’s New CIO Expects Security Budget to Increase

In the wake of a string of hacks into law firms, Blank Rome has hired Faegre Baker Daniels’ former IT head, Andrea Markstrom, as its new chief information officer.  Markstrom said her number one priority in her new role is data security although she’s responsible for overseeing all technology initiatives at the firm. “I only see the security side of

Stephen Miller, White House senior advisor for policy, left, and General Michael Flynn, U.S. national security advisor, listen during a news conference with U.S. President Donald Trump and Justin Trudeau, Canada's prime minister, not pictured, in the East Room of the White House in Washington, D.C., U.S., on Monday, Feb. 13, 2017. Amid talk in the U.S. of resetting trade relationships, Trump and Trudeau said both countries are committed to maintaining trade ties and economic integration that support millions of jobs on both sides of the border. Photographer: Andrew Harrer/Bloomberg

Wake Up Call: Flynn Said to Plan Fundraising for Legal Costs in Russia Probes

• Former National Security Adviser Michael Flynn is said to plan a fund to raise money to pay his legal bills from multiple investigations into possible Trump campaign ties to Russia, for which costs could range as high as $1 million if he needs a criminal defense. (Bloomberg) • A global cyber attack could do as much as

Tim Cook, chief executive officer of Apple Inc., listens during a Bloomberg Technology television interview at the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 5, 2017. Cook said the company has helped U.K. officials investigate terror attacks, while reiterating his dismay over U.S. plans to quit the Paris agreement on climate change. Photographer: David Paul Morris/Bloomberg

Apple to Build First China Data Center to Comply With Law

Apple Inc. will establish its first data center in China to speed up services such as iCloud for local users and abide by laws that require global companies to store information within the country. The new facility, which will be entirely driven by renewable energy, will be built and run in partnership with Guizhou on the Cloud Big

A collection of red, white, pink, green and orange data cables feed into a computer.
Photographer: Jasper Juinen/Bloomberg

Wake Up Call: New York Immigration Firm Launches Tech Lab

• New York-based immigration services firm Fragomen, Del Rey, Bernsen & Loewy said it is putting a technology innovation lab in Pittsburgh, with 40-50 engineers and other professionals to develop the firm’s software and cybersecurity tools. (Legal Intelligencer) • Cravath, Swaine & Moore signed a deal with British legal IT company Luminance, making it the latest elite