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Experts Confirm FDA’s Medical Device Cybersecurity Overhaul Has Significant Impact

The medical device industry has been undergoing a significant overhaul in recent years, particularly in the area of cybersecurity. The Food and Drug Administration (FDA) has been working to strengthen its regulations and guidelines to ensure that medical devices are secure from cyber threats. Experts in the field have confirmed that the FDA's medical device cybersecurity overhaul has had a significant impact on the industry.Medical devices are increasingly connected to the internet and other networks, which makes them vulnerable to cyber attacks. These attacks can compromise patient safety and privacy,

130-Vehicle Texas Crash: NTSB Finds Failure to De-Ice Road by Crews

On February 11, 2021, a catastrophic 130-vehicle pileup occurred on an icy highway in Fort Worth, Texas. The accident resulted in six fatalities and dozens of injuries. The National Transportation Safety Board (NTSB) recently released its preliminary findings on the cause of the crash, citing a failure to de-ice the road by maintenance crews as a contributing factor.According to the NTSB report, the Texas Department of Transportation (TxDOT) had been monitoring weather conditions and had begun pre-treating the roads with brine solution in anticipation of the winter storm. However, on

US Officials Contemplate Extending Deposit Insurance Coverage to More Individuals and Institutions

In the wake of the 2008 financial crisis, US officials have been contemplating extending deposit insurance coverage to more individuals and institutions. Deposit insurance is a government-backed program that protects depositors in case their bank fails. The Federal Deposit Insurance Corporation (FDIC) is the agency responsible for administering this program.Currently, the FDIC insures deposits up to $250,000 per depositor per insured bank. This coverage applies to all types of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) accounts. The FDIC does not insure investments such as

SEC Subpoenas Sushi Restaurant and Its Chef for Investigation.

The Securities and Exchange Commission (SEC) has recently issued subpoenas to a sushi restaurant and its chef for an investigation. This news has left many people wondering what could have led to such an action by the SEC and what it means for the restaurant and its chef.The SEC is a government agency responsible for regulating and overseeing the securities industry in the United States. Its main goal is to protect investors and maintain fair and efficient markets. The agency has the power to investigate any potential violations of securities

CFPB Seeks Information on Data Brokers’ Practices

The Consumer Financial Protection Bureau (CFPB) recently announced that it is seeking information on data brokers' practices. Data brokers are companies that collect, analyze, and sell consumer data to other businesses. The CFPB is concerned that data brokers may be collecting and selling consumer data without the consumer's knowledge or consent. The CFPB is looking to learn more about how data brokers collect, store, use, and share consumer data. The agency is also interested in learning how data brokers make money from the sale of consumer data and what types

International Agency Closes Cryptocurrency Mixing Service Linked to Ransomware

The world of cryptocurrency has been rocked by the news that an international agency has closed a cryptocurrency mixing service linked to ransomware. The service, known as ChipMixer, was shut down by the Financial Action Task Force (FATF), an intergovernmental organization that sets standards for anti-money laundering and counter-terrorist financing.ChipMixer was a popular service used by cryptocurrency users to mix their coins with other users’ coins, making it difficult to trace the origin of the coins. This was a useful tool for those who wanted to keep their transactions private,

Quantum Computing News Roundup: SMART Building Security Transition to Post-Quantum Cryptography; UK Chancellor Announces £1M AI Prize, Quantum Investments & £900M ‘Exascale’ Computer; Chinese Scientists Report New Record in High-Rate Quantum Key Distribution + More

Quantum computing is making headlines around the world as governments, companies and researchers make major investments in this cutting-edge technology. Here’s a roundup of the latest quantum computing news.SMART Building Security Transition to Post-Quantum CryptographyThe National Institute of Standards and Technology (NIST) is leading the charge to transition the world’s security infrastructure to post-quantum cryptography. To that end, the agency has announced that it is partnering with the SMART Building Security Alliance to develop and deploy post-quantum cryptography-based security solutions for buildings. The SMART Building Security Alliance is a consortium

FBI Reports Record $10.3 Billion in Losses to Online Scams in 2022

The Federal Bureau of Investigation (FBI) recently released a report that revealed a record-breaking $10.3 billion in losses to online scams in 2022. This is the highest amount of losses ever reported in a single year. The report found that the majority of losses were due to business email compromise (BEC) scams, which involve impersonating a company executive and sending fraudulent emails to employees requesting wire transfers. BEC scams accounted for $3.1 billion in losses, up from $1.8 billion in 2021.Other common scams included romance scams, where scammers pretend to

NASA Appoints UK Physicist Nicola Fox to Lead $7.8 Billion Science Programme

NASA has recently appointed UK physicist Nicola Fox to lead its $7.8 billion science programme. This is a major milestone for the space agency and a huge step forward for women in science. Nicola Fox is a world-renowned physicist who has been working in the field of space exploration for over two decades. She has held various positions at NASA, including Deputy Director of the Heliophysics Science Division and Director of the Planetary Science Division. In her new role, she will be responsible for overseeing the agency’s science programmes, which

SEC’s Unsupervised Enforcement Actions Against Cryptocurrencies: Pros and Cons

In recent years, the U.S. Securities and Exchange Commission (SEC) has been increasingly active in its enforcement actions against cryptocurrencies. The SEC has used a variety of unsupervised enforcement actions to crack down on fraudulent activities in the cryptocurrency market. While these actions are intended to protect investors, there are both pros and cons to the SEC’s unsupervised enforcement approach. One of the primary benefits of the SEC’s unsupervised enforcement actions is that it allows the agency to act quickly and decisively against potential fraud. By not having to wait

Canada’s Department of National Defence Orders Space Surveillance Microsatellite

Canada is making a major move into the space industry with the Department of National Defence (DND) ordering a space surveillance microsatellite. This microsatellite, which is set to be launched in 2022, will be used to monitor and track objects in space.The microsatellite, which is being built by the Canadian company MDA, will be equipped with advanced sensors and cameras that will be able to detect and track objects in space. This will allow the Canadian government to better monitor and protect its own satellites, as well as those of