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Security in the digital economy is still in sight

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Welcome to The Cybersecurity 202! Social media being what it is, you never know what will pop up in your feeds. So here’s a baby “tank pony” protecting its sedated parent.

Below: The Office of Management and Budget issues a memo for agencies to catalogue quantum-vulnerable systems, and Meta fires allegedly malicious insiders. First: 

Bad news for a major cryptocurrency exchange isn’t all bad for a digitized economy

The collapse of major cryptocurrency exchange FTX and loss of between $1 billion and $2 billion — a significant amount of which hackers may have stolen — has been huge news over the past week. It makes one wonder about the security of cryptocurrency, or even online financial security in general. 

But, as they say in “The Hitchhiker’s Guide to the Galaxy,” don’t panic. That’s what Phil Venables, chief information security officer on Google Cloud, and Tom Robinson, founder and…

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