China Is Launching It’s Digital Currency -How will this affect your business?

China is aiming to be the first country in the world to launch a digital currency, after five years of research by a team in its central bank. The project is still shrouded in secrecy. There have been few details about what form a new sovereign digital currency might take, how it will affect banks and businesses and when it might be launched. … Facebook’s founder Mark Zuckerberg warned that Beijing’s digitisation efforts could leave American finance in the dust.  Here is what the People’s Bank of China is really up to. … plus more at the Financial Times last year.

TheEconomist.com click the link to read the rest of the story.  Get our free tools here.

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Everything You Need to Know to Get Your Business Loan Forgiven

The SBA’s paycheck protection loan program is “really more of a loan that converts to a grant.” … Small businesses with fewer than 500 employees qualify, as will some larger companies. The program is aimed at helping businesses maintain their payroll during the significant business disruption caused by the coronavirus crisis.  Here’s how the loan forgiveness works:

Inc.com click the link to read the rest of the story.  Get our free tools here.

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ElectionGuard could be Microsoft’s most important product in 2020. If it works

ElectionGuard isn’t designed to make voting machines safe from hackers. It’s meant to make hacking them pointless. … With ElectionGuard, Microsoft isn’t setting out to create an unhackable vote — no one thinks that’s possible — but rather a vote in which hacks would be quickly noticed.

Cnet.com click the link to read the rest of the story.  Get our free tools here.

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Be Prepared: Iran can execute cyber-attacks against the US

Homeland Security Warning: Be prepared for cyber disruptions, suspicious emails, and network delays. … Implement basic cyber hygiene practices such as effecting data backups and employing multi factor authentication. Note: Make sure your business can function if there are interruptions to your internet service.

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Ransomware devastated cities this year. Officials hope to prevent a repeat in 2020

Security experts expect ransomware attacks against local governments to ramp up in 2020. But government officials hope that if they can properly protect cities and stop paying the hackers, ransomware will eventually die off. …

cnet.com click the link to read the rest of the story. Our FREE Tools can help!

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The watchdogs who track secret online censorship

Online censorship isn’t limited to blocked websites. Social media sites also filter content from news feeds and chats. In China, social media companies are liable to the government for the content that appears on their platforms and have signed a pledge to monitor their services for politically objectionable content, according to Human Rights Watch, an NGO. This leads to a system that strictly limits discussion of political topics.  Companies filter from users’ chats and news feeds any images that could violate the government’s standards. The standards aren’t always transparent to users…

Cnet.com click the link to read the rest of the story. Our FREE Tools can help!

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Ransomware Attack Hits 20+ Local Governments In Texas

The number of local government entities in Texas affected by a ransomware attack is now up to 23. In a release Saturday afternoon, the Texas Department of Information Resources said the local governments reported the attacks Friday morning. The majority of them are smaller local governments. …The DIR said it is continuing to investigate the origin of the attack, but at the moment believes it came from a “single threat actor.”

Kut.org click the link to read the rest of the story. Our FREE Tools can help!

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Should the U.S. Government Fight Back When Businesses Are Cyberattacked?

Keith Alexander of the venture-backed cybersecurity start-up IronNet is unequivocal in his belief that private companies protecting themselves from nation-state threats is not working. “I flipped through this before you arrived,” he told us, dropping a pocket copy of the Constitution on the table. “It still says that the purpose of the Union is to provide for the common defense. There is no parenthetical that says ‘except in cyberspace.’” …

Medium.com click the link to read the rest of the story. Our FREE Tools can help!

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Ransomware: Why cities are now big targets for cyberattacks – and why it’ll get worse

In an emergency meeting of the city council, the administration of Lake City, a small Florida city with a population of 65,000, voted to pay a ransom demand... The decision to pay the ransom demand was made after the city suffered a catastrophic malware infection earlier this month… Despite the city’s IT staff disconnecting impacted systems within ten minutes of detecting the attack, a ransomware strain infected almost all its computer systems…  the unfortunate truth is that some organizations still won’t heed the lessons of the recent spate of attacks

ZDnet.com click the link to read the rest of the story. Our FREE Tools can help!

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