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AM Prep-Cyber Corner

March 23, 2021 GMT

IN THE NEWS: FIRMS TRY TO SHIELD AGAINST AGAINST MICROSOFT HACK

WASHINGTON (AP) — The National Security Council says a software patch has helped reduce the number of systems left vulnerable by a massive Microsoft email server software hack. The White House agency says the patch has been downloaded more than 25,000 times since its release last week. The Microsoft tool was created to protect against cyberattacks, scan for problems — and fix them. It was developed after the huge hack that affected tens of thousands of servers running Microsoft Exchange email software. Because of the downloads, the NSC says the number of vulnerable systems has fallen by 45%.

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IN THE NEWS: FED CHIEF ADVISES KNOWLEDGE ABOUT CRYPTOCURRENCIES

WASHINGTON (AP) — No doubt you’ve been hearing a lot lately about Bitcoin and other kinds of cryptocurrencies. But the head of the Federal Reserve says you should stop listening —- and start learning about them. Chairman Jerome Powell says the American public needs to understand the risks that go along with Bitcoin, a type of digital currency not backed by a bank or a government. Powell says the Fed prefers to call Bitcoin “crypto assets,” because they aren’t as stable as currency. All the same, the nation’s central bank is looking into the potential costs and benefits of using digital money.

ON THE WEB: TWITTER CEO SELLS NFT OF FIRST TWEET

SAN FRANCISCO (AP) — Twitter CEO Jack Dorsey has sold a digital version of his first tweet for more than $2.9 million. The tweet dates back to March, 2006 — and simply says, “just setting up my twttr.” The company than ran the digital auction says it was purchased by the CEO of Bridge Oracle. The 15-year old post was sold as a non-fungible token, or NFT — a digital certificate of authenticity. Dorsey says proceeds will be converted to Bitcoin, a digital currency that isn’t tied to a bank or government.

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