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24 Mar Cybersecurity Firm With A History Of ‘Corporate Blackmail’ Raided By The FBI

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Sharing the latest from TechDirt

from the fate-of-CEO-Robert-‘Whitey’-Boback-currently-unknown dept

Cybersecurity is a crowded field. Not every competitor will make it. That’s inevitable. Tiversa is one of the also-rans.

Tiversa is helmed by Robert Boback. Back in 2009, Boback was already well-versed in the cybersecurity hard sell. Here’s what he had to say about P2P software in front of a Congressional audience — an audience well-versed in the art of selling fear to fund additional government products.

Boback showed off a document, apparently from a senior executive of a Fortune 500 company, listing every acquisition the company planned to make — along with how much it was willing to pay. Also included in the document were still-private details about the company’s financial performance. Boback also showed numerous documents listing Social Security numbers and other personal details on 24,000 patients at a health care system, as well as FBI files, including surveillance photos of an alleged Mafia hit man that were leaked while he was on trial.

Boback was stealthily pitching his company’s P2P monitoring service. During this hearing, he also claimed to have come across documents containing details about the President’s helicopter on an Iranian computer.

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19 Mar Exclusive: DOJ probes allegations that Tiversa lied to FTC about data breaches

Things are finally starting to break through. This is the tip of the iceberg. Stay tuned.

Originally posted Thursday March 17th on Reuters

Federal agents are investigating whether cyber-security firm Tiversa gave the government falsified information about data breaches at companies that declined to purchase its data protection services, according to three people with direct knowledge of the inquiry.

The Federal Bureau of Investigation raided Tiversa’s Pittsburgh headquarters in early March and seized documents, the people said.

The Justice Department’s criminal investigation of Tiversa began after Richard Wallace, a former Tiversa employee, alleged in a 2015 Federal Trade Commission hearing that the cybersecurity firm gave the agency doctored evidence purporting to prove corporate data breaches, the people said.

Wallace testified that Tiversa falsified information to make it appear that sensitive data was being accessed by users across the country.
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11 Feb Fed officials: Hackers would start small on way to banking system

Jan. 16–Hackers looking to sabotage the U.S. banking system could break into larger companies by targeting smaller institutions, warn officials at the Federal Reserve in Boston, who have launched a pilot program to help thwart cyberattacks.

“We’re focused on the small and medium (banks) because they’re a great door into some of the larger organizations,” said Kenneth C. Montgomery, first vice president and chief operating officer at the Federal Reserve Bank of Boston, who joined fed President Eric Rosengren for a sit-down with Boston Herald editors and reporters yesterday.

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10 Feb TechFreedom to FTC: If You Can’t Prove Likely Injury, You Can’t Penalize Security Practices

WASHINGTON, DC — On Friday, TechFreedom urged the Federal Trade Commissioners (FTC) not to reverse the dismissal of a lawsuit brought by FTC staff against LabMD, a small cancer testing lab that went out of business under the weight of the lawsuit, but has continued to challenge the FTC’s approach to data security with pro bono representation. In an Amicus Curiae brief, TechFreedom argues that the FTC must not ignore the most important limit that Congress has placed on the FTC’s sweeping power to prohibit business practices: that a practice must “causes or is likely to cause substantial injury.”

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14 Jan How a Lone Conservative Firebrand Became the FTC’s Worst Nightmare

The article below is reblogged from The Atlantic

Most com­pan­ies fa­cing a law­suit from the Fed­er­al Trade Com­mis­sion try to settle as quickly as pos­sible.
Fight­ing the FTC means years of ex­haust­ing and ex­pens­ive lit­ig­a­tion. The com­mis­sion doesn’t even have the au­thor­ity to im­pose fines for most vi­ol­a­tions, so a set­tle­ment usu­ally just means the com­pany has to change its be­ha­vi­or, agree to some in­de­pend­ent audits, and ride out the wave of neg­at­ive news cov­er­age. It’s an easy choice for most cor­por­ate ex­ec­ut­ives.

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11 Jan Top 10 Influencers in Health InfoSec – Michael is number 6!

Michael is honored to be #6 on Healthcare Information Security’s List of Leaders!

Fourth Annual List of Healthcare Information Security Leaders

Reblogged from Healthcare Info Security
HealthcareInfoSecurity announces its fourth annual list of top influencers, recognizing leaders who are playing significant roles in shaping the way healthcare organizations approach information security and privacy.

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30 Dec Author Michael Daugherty Says Technology Will Leave Workers ‘Out In The Cold’

Michael was recently interviewed by Stephen K. Bannon. The following article accompanies the interview. The original can be found here.

Author Michael Daugherty believes that technology as a “double-edged sword” will be responsible for major shifts in the workplace, as companies seek a level of efficiency that will cause jobs to “evaporate.”

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26 Dec Steptoe Cyberlaw Podcast, Episode #94: An Interview with Mike Daugherty

The STEPTOE CYBERLAW PODCAST talked about in last week’s post is now live and a great listen!

Reblogged from Lawfare

With Wyndham’s surrender to the FTC after a brutal court of appeals opinion, the last outpost of resistance to the FTC’s cybersecurity agenda is Mike Daugherty, CEO of LabMD.  Daugherty refused to take the easy road and enter into a consent decree with the FTC to settle its claim that the company’s security was insufficient because of a file-sharing program installed on the corporate network.  That decision has cost Daugherty his company.  LabMD has ceased operations.  And it took him on an extraordinary odyssey through Washington that he has described in his book, The Devil Inside the Beltway, and in several speeches.  I caught up with Mike at the Black Hat Executive Summit where we were both speakers, and he kindly agreed to a short interview describing some of that odyssey.

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