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I feel strange to write this but there is a nuanced take on the #SVB bank collapse that is not popular anywhere. What is happening is what is supposed to happen and uninvolved taxpayers are not paying for it. FDIC has taken over the bank and will sell its assets. Whatever it gets for those assets will be paid back to depositors. Despite VC financial illiteracy there is no bailout nor a need for one.

The two things that need more scrutiny are Thiel's involvement and the loosened regulations.

Short Takes – 3-11-23 – Railroad safety meeting – NRC device standards – SVB fail – Social Security spending – tinyurl.com/2bdzcaxy

OMB Receives TSA Surface Cybersecurity ICR Renewal Request 3-10-23 – Confusing numbers corrected – No change from emergency approval in October - chemical-facility-security-new

CRS Reports – Week of 3-4-23 – Cybersecurity Strategy – A summary of the Biden strategy and possible congressional action – chemical-facility-security-new

Public ICS Disclosures – Week of 3-4-23 – 26 vendor disclosures – 2 exploits - patrickcoyle.substack.com/p/pu Subscription required

Short Takes – 3-10-23 – Ring privacy – Budget battle – Cyber workforce strategy – GOP energy package – Atmospheric river ratings - chemical-facility-security-new

Review - S 513 Introduced – Cyber Insurance – Would require DOC to convene an interagency working group to look at cybersecurity insurance issues – Short version – chemical-facility-security-new

S 513 Introduced – Cyber Insurance – Would require DOC to convene an interagency working group to look at cybersecurity insurance issues – patrickcoyle.substack.com/p/s- Subscription required

**Balloon Warfare** Ukraine has balloon tanks to waste Russian missiles. China sent a 10 buck balloon to cost the US a million bucks. At any moment, China could send over a thousand balloons, claiming they are delivering fidget spinners. We need balloons to defend ourselves.
The defence balloons (db) would have tiny Chinese lasers aimed by AI. They would all have PGP, like freemo, to confirm identity. When required, they would pop the enemy balloons. What could go wrong? ...

Bills Introduced – 3-9-23 – 112 bills – HR 1484, pipeline defects – HR 1518, reauthorizing unauthorized federal programs (mentioned in passing) – chemical-facility-security-new

CFSN Detailed Analysis - Substack Daily Update – 3-9-23 – Free Content – tinyurl.com/yc2f4ksn

Short Takes – 3-9-23 – Not so smart intercoms – FY 2024 Budget Proposal – Ohio derailment communications – Lab leak theory - tinyurl.com/5fm6jjpt

Review – 5 Advisories Published – 3-9-23 – NCCIC-ICS control system security advisories for Hitachi Energy, STEP, ABB, B&R and Akuvox – Short version – tinyurl.com/yckkf4yw

5 Advisories Published – 3-9-23 – NCCIC-ICS control system security advisories for Hitachi Energy, STEP, ABB, B&R and Akuvox – tinyurl.com/ynm7vy9r Subscription required

Review - TSA Publishes 30-day Surface Cybersecurity ICR Renewal Notice – 3-29-23 – Follow-up to the emergency update for the latest TSA surface transportation security directive last fall – Short version – chemical-facility-security-new

TSA Publishes 30-day Surface Cybersecurity ICR Renewal Notice – 3-29-23 – Follow-up to the emergency update for the latest TSA surface transportation security directive last fall - patrickcoyle.substack.com/p/ts

CFSN Detailed Analysis - Substack Daily Update – 3-8-23 – Free Content – tinyurl.com/5n8jtnw6

The FBI is investigating a data breach affecting U.S. House of Representatives members and staff after their account and personal information was stolen from DC Health Link's servers.

bleepingcomputer.com/news/secu

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