FEC rules that campaigns can get discounts on cybersecurity

FEC rules that campaigns can get discounts on cybersecurity 1

The cybersecurity firm at the center of the FEC’s decision is Area 1, a California-based firm that focuses on phishing. Founded by a group of former NSA hackers in 2013, the security vendor continuously crawls the web for signs of phishing and claims it can analyze 6 billion URLs and 4.8 billion IP addresses every couple of weeks, according to a report in Network World. Back in December, the firm successfully uncovered a phishing attack on the Ministry of Foreign Affairs in Cyprus that compromised the entire EU’s diplomatic communication network.

Area 51 first approached the FEC in June and requested to offer free services to political candidates. The security vendor cited an FEC’s decision in 2018 to allow Microsoft to offer free account security to political candidates. In Microsoft’s case, it stood the risk of long-term damage to its reputation if its clients were hacked. But the FEC wasn’t sure if the same case applied to Area 1, which seemed to have nothing to gain from offering cheap cybersecurity to candidates (other than political favor).

But the FEC switched gears after discovering that Area 51 would simply be offering the same low-cost services to candidates as it does to its regular clients. In its ruling, the FEC stated that Area 1 could charge candidates a fixed fee of $1,337 for its phishing services, “because doing so would be in the ordinary course of Area 1’s business and on terms and conditions that apply to similarly situated non-political clients.”

Hopefully, this most recent FEC ruling will make it easier for campaigns and cybersecurity vendors to work together. After electoral interference in both the 2016 and 2018 elections, it’s clear that campaigns will need all the help they can get.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Millions in Cryptocurrency Stolen by Scammers in the Last Month According to Tenable Research
November 24, 2021
Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021

Blockchain/Cryptocurrency Questions and Answers

Crypto casinos
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021
ICo Presale
The Science Behind ICO Presales…
October 14, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin56,277 0.81 % 0.44 % 4.45 %
Ethereum4,526.0 1.14 % 0.04 % 0.22 %
Binance Coin613.35 0.99 % 1.17 % 3.89 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Solana228.65 2.72 % 1.31 % 8.99 %
Cardano1.630 0.87 % 2.33 % 2.80 %
XRP0.9679 0.81 % 0.08 % 7.16 %
USD Coin1.000 0.14 % 0.20 % 0.17 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2215 0.68 % 1.42 % 7.23 %

bitcoin
Bitcoin (BTC) $ 56,233.00
ethereum
Ethereum (ETH) $ 4,515.75
binance-coin
Binance Coin (BNB) $ 614.44
tether
Tether (USDT) $ 0.99684
solana
Solana (SOL) $ 229.43
cardano
Cardano (ADA) $ 1.63
xrp
XRP (XRP) $ 0.966169
usd-coin
USD Coin (USDC) $ 0.995413
polkadot
Polkadot (DOT) $ 35.68
dogecoin
Dogecoin (DOGE) $ 0.207102