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U.K. government won’t ban loot boxes, but urges the games industry to police itself

Digital Trends

government is calling on the games industry to regulate loot boxes after releasing the results of its investigation into loot boxes.

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Talent and capital are shifting cybersecurity investors’ focus away from Silicon Valley

TechCrunch

government agencies — including the departments of Commerce , Energy and Treasury. We’re just beginning to understand the extent of their infiltration, but this story brings to light what the cybersecurity industry has already known: Solving the cybersecurity problem will take more time and resources than we are currently allocating.

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VU raises $12M to remove cybersecurity friction from digital experiences

TechCrunch

Stranieri, who has worked in the cybersecurity industry for the past 20 years, got the idea for VU in 2007 after spending hours helping his grandmother verify her identity with the Argentinian government in what turned out to be a two-minute process. “It Globant’s investment into VU also serves as a partnership.

Digital 106
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What is Model Risk and Why Does it Matter?

DataRobot

Prior to the financial crisis of 2008, Model Risk Management within the financial services industry was driven by industry best practices rather than regulatory standards(which brings to mind the saying “a fox guarding the hen house”). Figure 1: The main components of a model as defined by banking industry regulators.

Model 111
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Western sanctions against Russia: Tips for tech companies managing compliance risk

TechCrunch

and leader of the firm’s National Security Team, counsels clients in the technology/software industry on the full range of issues arising under economic sanctions and export control regulations. technology in support of Russia’s war effort, an initiative with implications for the tech industry. In particular, U.S. content; and non-U.S.

Russia 88
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US government restricts 42 Chinese enterprises over alleged support for Russia

TechNode

On Friday, the US Commerce Department announced the addition of 42 Chinese companies to an export control list due to their support for Russia’s military and defense industries. Additionally, seven entities from Finland, Germany, India, Turkey, the United Arab Emirates, and the United Kingdom were also added to the export control list.

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MOVEit, the biggest hack of the year, by the numbers

TechCrunch

and firms in the United Kingdom at 2.1%. government services contracting giant Maximus became the largest victim of the MOVEit breach after confirming that hackers accessed the protected health information — including Social Security numbers — of as many as 11 million individuals. -based organizations account for 83.9%