Sunday, June 13, 2021

Hashtag Trending, June 7, 2021 – US elevates ransomware investigations; Tank Man censorship; El Salvador adopts Bitcoin as legal tender

The U.S. says it’s going to start treating ransomware investigations much more seriously, Bing censors Tank Man image search results, and El Salvador becomes the first country to adopt bitcoin as a legal tender.

It’s all the biz/tech news that’s popular right now. Welcome to Hashtag Trending! It’s Monday, June 7 and I’m your host Alex Coop.

Reuters is reporting that the U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyberattacks. According to the publication, internal guidance sent on Thursday to U.S. attorney’s offices across the country suggested ransomware investigations should be coordinated by a new task force in Washington. When it comes to the Colonial Pipeline attack, the company decided to pay the hackers who invaded their systems nearly $5 million to regain access.

The internet went ballistic after it was discovered that Microsoft blocked images and videos around the world of “Tank Man,” the unidentified protester during China’s brutal crackdown on pro-democracy demonstrations in Beijing’s Tiananmen Square on June 4, 1989. According to multiple reports, the photos were taken down globally from Bing, Microsoft’s search engine, Friday. It’s worth noting that Friday was the 32nd anniversary of the event. A Microsoft spokesman told CNN that they were taken offline by mistake, attributing the removal to “human error.” The images reappeared around the world — outside of China — on Saturday.

El Salvador becomes the first country to adopt bitcoin as legal tender from technology

And lastly, El Salvador is looking to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to Bitcoin 2021, a multiday conference in Miami being billed as the biggest bitcoin event in history, President Nayib Bukele announced El Salvador’s partnership with digital wallet company, Strike, to build the country’s modern financial infrastructure using bitcoin technology. I’m sure this is going to make the big banks there *really* happy.

That’s all the tech news that’s trending right now. Hashtag Trending is a part of the ITWC Podcast network. Add us to your Alexa Flash Briefing or your Google Home daily briefing. Make sure to sign up for our Daily IT Wire Newsletter to get all the news that matters directly in your inbox every day. Also, catch the next episode of Hashtag Tendances, our weekly Hashtag Trending episode in French, which drops every Friday at 3 pm. Thanks for listening.

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Jim Love, Chief Content Officer, IT World Canada
Alex Coop
Alex Coophttp://www.itwc.ca
Editorial director for IT World Canada and its sister publications, and former community reporter. Also a great pick up basketball player | acoop@itwc.ca

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