Leveraging Knowledge to Manage Your Data Risks
I haven’t written about digital assets in a while [view related posts] and I was reminded of the importance of putting digital assets into your estate plan this week in a conversation with a colleague.
After my experience of serving as the executor of three estates, it became clear to me how important it…
In November, cannabis won big in the midterm elections–in Michigan, the legalization of recreational cannabis passed, the legalization of medical cannabis passed in Utah and Missouri, and several states elected governors who back legislation for legalization of cannabis. Now, there are 33 states that allow some form of medical marijuana and 10 states (plus D.C.)…
According to recent documents made public by the U.S. Patent and Trademark Office (USPTO) IBM has applied for a patent for a system that would use distributed ledger technology to address privacy and security concerns associated with the increasing usage of drones in both commercial and recreational applications. In the application for this patent, IBM’s…
On June 27, 2018, the State of Connecticut Treasurer’s Office announced that about $1.4 million had been stolen from Connecticut Higher Education Trust (CHET) college-savings accounts. This theft resulted from data security breaches that occurred in early June, 2018.
Connecticut State Treasurer Denise L. Nappier confirmed that TIAA-CREF Tuition Financing Inc. (TIAA-CREF), the CHET Direct…
Today, the Spanish data protection agency (AEPD) fined Facebook 1.2 million euros ($1.4 million USD) in connection with how the company collects personal data for advertising purposes. The AEPD said Facebook did not get properly informed consent from users before exploiting this data as well as kept this data longer than it’s useful purpose.
In…
Now more than ever before there is an increased demand for employees to share and collaborate on documents with people inside and outside of their respective organizations. For this reason, organizations of all shapes and sizes are turning to enterprise file sync and share (EFSS) solutions to provide secure cloud-based file sharing.
A recent survey…
On September 24, 2016, the Governor of California approved the California Revised Uniform Fiduciary Access to Digital Assets Act, which “would authorize a decedent’s personal representative or trustee to access and manage digital assets and electronic communications.”
It allows a person to “use an online tool to give directions to the custodian of his or…
The Connecticut State Police have taken the lead in training police dogs skilled in the art of detecting hidden data. As more and more crimes involve electronic evidence, criminal enforcement agencies throughout the country are recognizing the need to find that evidence quickly. Data detecting dogs help do this by sniffing out chemicals associated with…
Following in the footsteps of numerous other states, California became the newest state to pass a digital assets bill, which allows individuals to access social media accounts, music accounts, gaming accounts or other digital accounts on behalf of a deceased individual.
The California Revised Uniform Fiduciary Access to Digital Assets Act provides guidelines for how…
Blockchain technology, introduced as the magic behind Bitcoin, is being touted by many as the next major disruptive innovation – in global trade and way beyond.
At its core, Blockchain shifts the accounting function from third-party financial institutions and intermediaries to thousands of nodes (computers) on the Blockchain network that collectively maintain a public ledger…
