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Fighting Biometric Fraud on the Blockchain
Biometrics may seem like a high concept to many people. Retina eye scanners and handprint door locks evoke images of Netflix sci-fi dramas, but biometric technology is taking place right now. From facial recognition airport security, the latest iPhone fingerprint sensor to desktop computer software, biometric authentication uses unique facial, retinal or fingerprint recognition to confirm a user's identity, and is being increasingly used to establish bank payments and online transactions.
From an online security perspective, the days of weak passwords such as “Password123” and “qwerty2018” are nearly over. Single-factor authentication is vulnerable to phishing attacks and malicious malware, even two factor SMS authentication is proving insecure. From this perspective, not only are traditional passwords obsolete and inefficient, but they also pose a huge cybersecurity risk.
The Decline of the Password
Weak online security has led to severe data breaches in the past few years. With hackers operating on the dark Web for serious money, card data theft is a commonplace occurrence. In 2013, retail giant Target Corporation was subject to a malware hack that compromised 40 million customer credit and debit cards. Hackers were able to gain access to Target's internal network by infiltrating a third-party contractor. The data breach ended up costing the corporation a reported $148 million, according to The New York Times.
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The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.