Blockchain & Cryptocurrency , Business Continuity Management / Disaster Recovery , Cryptocurrency Fraud
Biggest Cryptocurrency Seizure in US History
Also: Dallas CISO Quits; Zero Trust Myth-BustingThe latest edition of the ISMG Security Report features an analysis of what prosecutors say is not only the biggest cryptocurrency seizure in U.S. history but the biggest financial seizure. It also describes how the CISO for a Dallas-based school district resigned over the district's handling of a severe data breach and busts Zero Trust myths.
In this report, you'll hear (click on player beneath image to listen):
- ISMG's Mathew Schwartz describe how a couple, who reside in New York, have been accused of laundering bitcoins now worth $3.6 billion that were stolen from the Bitfinex virtual currency exchange in 2016;
- ISMG's Jeremy Kirk discuss how the CISO for a Dallas-based school district quit his job over the district's handling of a severe data breach that occurred in August 2021;
- Retired Brigadier General Greg Touhill of CERT at the Software Engineering Institute at Carnegie Mellon University dispel myths about building a long-term Zero Trust strategy.
The ISMG Security Report appears weekly on this and other ISMG websites. Don't miss the Jan. 28 and Feb. 4 editions, which respectively discuss how the arrests of members of the ransomware group REvil by Russia may affect diplomacy and what happens next as Russian cyber operations target Ukraine.
Theme music for the ISMG Security Report is by Ithaca Audio under a Creative Commons license.