Most people who’ve heard of “Bitcoin” know it only as a virtual currency sometimes used by criminals.  But there are entrepreneurs, engineers, venture capitalists, and bankers who are betting big on the untapped economic potential of the “blockchain” – the underlying technology that makes Bitcoin run.  In a sense, Bitcoin is just the first “app”

It was a busy week for companies and government agencies struggling to combat the growing threat of cyber-attacks, with some bad news and some good news.  Here’s what you need to know, and how we can help.

What you Need to know

First, the bad news:

  • Lawsuits against Target move forward and lawsuits against Home

Here we go again.  A prominent company suffers a data breach.  The company publicly alerts its customers.  The company almost immediately finds itself the subject of inquiries from Congress and the target of investigations by regulators.  Before long, class action lawyers will crank out complaints as if they’re Mad Libs, filling in the name of

Last week the IRS announced that Bitcoin would be treated as property, rather than currency, for tax purposes.  That means the virtual currency will be subject to very real capital gains taxes when used to make purchases.  So is this good or bad for Bitcoin?  Well, that depends on whether you view the glass on

Earlier today the Wall Street Journal’s Risk and Compliance Journal published an interview with me and Steve Chabinsky from Crowdstrike about cybersecurity. In the interview, Steve and I make the case that the current paradigm for protecting companies against cyberattacks isn’t working, and that fixing it involves focusing on aligning private sector and