Who needs hackers when you have balloons?

The latest episode of The Cyberball Podcast goes a little too far with China’s spy balloon story. Guest host Brian Fleming (filling in while I’m at a Canadian ski marathon), along with guests Hurwitz, Nate Jones and Paul Rosenzweig, share insight (and bad puns) about the latest report on the electronic surveillance capabilities of the first downed balloon, the Biden administration’s “shoot first, shoot later. Ask Questions” in response to the latest “flying object” and whether we should all be spending more time worrying about China’s hackers and satellites.

Gus shared a few thoughts on the State of the Union address and a brief but pointed call for antitrust and data privacy reform. Sticking with big tech and antitrust, Gus recaps a recent significant loss for the FTC and discusses what may be on the horizon for FTC enforcement later this year.

Back in China, Nate and Paul discuss the latest report on an upcoming (at some point) executive order intended to limit and track US outbound investment in certain key aspects of China’s technology sector. They also consider how efforts to narrow the scope of industry restrictions can continue and whether Congress will get involved. Sticking with Congress, Paul took the opportunity to explain the key steps in a not-so-bombshell House Oversight Committee hearing featuring former Twitter executives.

Gus described a costly mistake for an AI chatbot competitor during his beloved ChatGPT jailbreak and demo.

Paul recommends an interesting interview with Sinbad.io, the new bitcoin mixer of choice for North Korean hackers, and reflects on the significant portion of DPRK’s GDP attributed to ransomware attacks.

Finally, Gus questions whether the name should be changed after the AI-generated “Nothing, Forever” becomes sentient and channels Dave Chappelle.

To wrap things up in the week’s Quick Hits, Gus briefly highlights where things stand with the chip wars: The Japan Edition and Brian Trickbot cover coordinated US/UK sanctions against cybercrime groups, confirmation that Twitter’s sale will not be investigated by CFIUS, and the latest SEC In v. Covington.

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Send your questions, comments and topic or interview suggestions to [email protected]. Remember: if your recommended guest appears on the show, we’ll send you a super-covetable Cyberroll Podcast mug! The opinions expressed in this podcast do not reflect the opinions of the speakers and their organizations, clients, friends, family or pets.