Microsoft's TikTok deal value could reach $30B | Machine learning predicts COVID-19 vaccine efficacy | "Future-proofing" data from the quantum threat
August 5, 2020
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Microsoft's TikTok deal value could reach $30B
(Greg Baker/Getty Images)
Microsoft intends to wrap up negotiations to acquire TikTok's operations in the US, Canada, Australia and New Zealand ahead of the set Sept. 15 deadline. The talks, which reportedly could lead to a deal worth as much as $30 billion, come after President Donald Trump proposed banning the social platform -- owned by Chinese company ByteDance -- over consumer privacy concerns.
Full Story: CNBC (8/5),  The Wall Street Journal (tiered subscription model) (8/2),  TechCrunch (tiered subscription model) (8/2) 
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Artificial Intelligence
Scientists at the Massachusetts Institute of Technology have developed a machine learning approach to predict whether a particular COVID-19 vaccine design would be effective in a segment of the population and have used the platform to design a vaccine now in animal testing. The platform also shows that many of the coronavirus vaccines in the pipeline may not offer broad coverage.
Full Story: ZDNet (7/31) 
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Mobile and Wireless
NSA says cellphone tracking creates security risks
The National Security Agency warned that cellphone location tracking threatens security and advised intelligence and military personnel on safe practices, including turning off location-sharing features on apps. Wearable devices also have the potential to be threats, the agency added, and said that users outside the Department of Defense might also benefit from its guidance.
Full Story: The Wall Street Journal (tiered subscription model) (8/4) 
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Security and Privacy
The Florida teenager facing 30 felony charges over the recent breach of high-profile Twitter accounts reportedly began scamming friends on Minecraft at 10 and is thought to have stolen $856,000 in bitcoin in another scam. Graham Ivan Clark was so infamous for Minecraft scams that players made a YouTube video about him in which he brags about making $5,000 a month through Minecraft.
Full Story: The New York Times (tiered subscription model) (8/2) 
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Health Care IT
Health care organizations face evolving threats amid the pandemic due to the rise of telehealth use, unprecedented patient growth and stringent reporting regulations, according to Securonix CEO Sachin Nayyar. To ensure health care organizations can protect patients' privacy and remain compliant with reporting requirements, Nayyar urges health care security and privacy teams to focus on crucial areas of security training, remote access protocols, exposure of critical applications, use of personal devices, and user monitoring and detection.
Full Story: HIT Consultant (7/30) 
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Diversity and Inclusion
Age discrimination can increase during recessions as employers look to cut costs and replace experienced workers with younger talent who will work for less, writes Jack Kelly, CEO of WeCruitr, citing research from MarketWatch. One version of this practice -- called "juniorization" -- calls for "downgrading a position, so that a well-experienced person is now deemed to have too much firepower for the job," Kelly writes.
Full Story: Forbes (8/3) 
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Government IT and Policy
Twitter has agreed to take steps to protect users' personal data and expects being charged a penalty of up to $250 million after receiving a complaint from the Federal Trade Commission charging the platform used personal information for targeted advertising, according to a recent Securities and Exchange Commission filing. The company said the breach "may have harmed the people and accounts affected by it" and as a result, "people may lose trust and confidence in us, decrease the use of our products and services or stop using our products and services in their entirety."
Full Story: BNN Bloomberg (Canada) (8/3),  CNBC (8/3) 
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SIIA created a COVID-19 Resource Center to provide you with information, best practices and resources to help navigate the challenges and opportunities in the post-COVID world. Learn more.
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On July 16, the Court of Justice for the European Union released its ruling in the Schrems II case, invalidating the Privacy Shield Framework for transatlantic data flows but also upholding the validity of standard contractual clauses as a mechanism for international data flows. What does this mean for you and your business? Join SIIA Policy on Aug. 12 at 2 p.m. ET to learn more about the case. Register today.
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How we handle our fears will determine where we go with the rest of our lives.
Judy Blume,
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