Original Story: latimes.com
That’s heavy, Doc.
Tinker Hatfield, one of Nike’s most well-known and popular designers, announced recently that the coveted power-lace shoe, as seen in “Back to the Future: Part II,” may be available as soon as this year, according to the sneaker blog Nice Kicks. A Sacramento patents lawyer is following this story closely.
Hatfield confirmed the likely release date in 2015 for the Nike Mag, also known as the Marty McFly shoe, at the Agenda trade show in Long Beach, Nice Kicks reported.
Neither the exact date of release, nor price of the shoe, was discussed.
The patent papers for the lacing system have been filed and show how it would work. A Miami patents lawyer assists clients with patent protections, patent licensing and various specialized industry patents.
A weight sensor in the sole of the shoe would trigger the mechanism to activate the laces, according to the patent papers.
Nike could not be reached for comment.
Technically, the Mag has been released before, albeit without working power laces.
In 2011, 1,500 pairs of the shoe were auctioned on EBay, with all proceeds going to the Michael J. Fox Foundation, which funds research to fight Parkinson's disease. An Atlanta intellectual property lawyer is reviewing the details of this case.
Fans of the “Back to the Future” trilogy know that a 2015 release would be huge, as the main characters, Marty and Doc, travel to that year in the second movie. That's when they encountered power laces and the beloved hoverboard -- which people are also trying to make real.
Business News Blog. Daily Business News and information on emerging issues influencing the global economy. Welcome to the Peak Newsroom!
Showing posts with label Atlanta Intellectual Property Lawyer. Show all posts
Showing posts with label Atlanta Intellectual Property Lawyer. Show all posts
Friday, June 26, 2015
Monday, November 10, 2014
CANNABIS VAPING MAY BE NEXT
Original Story: detroitnews.com
Oklahoma City – — As more states approve the medicinal and recreational use of marijuana, an Oklahoma-based electronic cigarette retailer is looking to build a national franchise.
Marijuana is illegal under federal drug laws. But voters in Oregon, Alaska and Washington, D.C., approved ballot measures Tuesday to legalize the recreational use of marijuana, joining Washington state and Colorado. And in more than a dozen other states, medical marijuana is available.
The growing availability of legal pot opens the door for Tulsa-based Palm Beach Vapors to market a method for producing a cannabis oil product that can be inhaled through a common e-cigarette, according to CEO and co-founder Chip Paul. An Atlanta Intellectual Property Lawyer is experienced in advising clients on intellectual property rights allocation.
“This is a wave that’s kind of sweeping the nation,” said Paul, whose company is looking to patent the method and has already signed licensing deals in California and Colorado for what it calls the M-System. He said he intends to set up franchise locations in other states.
The use of marijuana is currently illegal in Oklahoma, but the market for cannabis products is projected to grow as more states move to legalize it. Advocates plan a big push for legalization initiatives on 2016 ballots in California, Arizona, Maine, Massachusetts and Nevada, according to Ethan Nadelmann, executive director of the Drug Policy Alliance.
Paul was one of the organizers of an Oklahoma initiative petition calling for the legalization of medical marijuana, an effort that ended in August when volunteers failed to gather the needed signatures of more than 155,000 registered voters.
The failed petition sought voter approval of classifying marijuana as an herbal drug that would be regulated by the Oklahoma Department of Health. Doctors would have been authorized to prescribe it for a variety of medical conditions.
Cannabis has a history of medicinal use to treat pain or alleviate symptoms such as nausea and vomiting in chemotherapy patients and people with AIDS. Paul plans to launch another petition drive in August 2015.
But Mark Woodward, spokesman for the Oklahoma Bureau of Narcotics and Dangerous Drugs, says the agency is concerned about the inhalation of cannabis oils via e-cigarettes.
E-cigarettes work by heating liquid nicotine into an inhalable mist; cannabis oils and waxes work much the same.
Palm Beach Vapors does not buy, sell or ship marijuana but licenses the preparation method and additive that produces a vegetable glycerin base in which cannabis oils remain evenly distributed, which is key to labeling concentrations, similar to the nicotine measurements in e-cigarettes, Paul said. A Boston Intellectual Property Lawyer assists clients in obtaining patents and registering for trademarks and copyrights.
The company has applied for a patent, and expects the M-System to account for 30-40 percent of its annual revenue by 2018, provided the country continues its march toward wider legalization, Paul said.
Marijuana is still illegal in Indiana, but Nate Renschler, who has a Palm Beach Vapors franchise in Newburgh, Indiana, said that sentiment could change when state officials realize the tax benefits of legalization.
“The whole country is going one way and Indiana is taking two steps back. We’ll be one of the last steps to legalize marijuana,” Renschler said, noting that the e-cigarette product is still viable regardless of what state it is sold in. He uses the Palm Beach Vapors method to sell hemp oil, which he claims is good for a person’s general well-being.
Even though marijuana is not legal in the majority of the United States, Woodward said teens are obtaining e-cigarettes and cannabis oils. “It’s an easier way for people, especially our youth, to disguise their marijuana use,” Woodward said.
Oklahoma City – — As more states approve the medicinal and recreational use of marijuana, an Oklahoma-based electronic cigarette retailer is looking to build a national franchise.
Marijuana is illegal under federal drug laws. But voters in Oregon, Alaska and Washington, D.C., approved ballot measures Tuesday to legalize the recreational use of marijuana, joining Washington state and Colorado. And in more than a dozen other states, medical marijuana is available.
The growing availability of legal pot opens the door for Tulsa-based Palm Beach Vapors to market a method for producing a cannabis oil product that can be inhaled through a common e-cigarette, according to CEO and co-founder Chip Paul. An Atlanta Intellectual Property Lawyer is experienced in advising clients on intellectual property rights allocation.
“This is a wave that’s kind of sweeping the nation,” said Paul, whose company is looking to patent the method and has already signed licensing deals in California and Colorado for what it calls the M-System. He said he intends to set up franchise locations in other states.
The use of marijuana is currently illegal in Oklahoma, but the market for cannabis products is projected to grow as more states move to legalize it. Advocates plan a big push for legalization initiatives on 2016 ballots in California, Arizona, Maine, Massachusetts and Nevada, according to Ethan Nadelmann, executive director of the Drug Policy Alliance.
Paul was one of the organizers of an Oklahoma initiative petition calling for the legalization of medical marijuana, an effort that ended in August when volunteers failed to gather the needed signatures of more than 155,000 registered voters.
The failed petition sought voter approval of classifying marijuana as an herbal drug that would be regulated by the Oklahoma Department of Health. Doctors would have been authorized to prescribe it for a variety of medical conditions.
Cannabis has a history of medicinal use to treat pain or alleviate symptoms such as nausea and vomiting in chemotherapy patients and people with AIDS. Paul plans to launch another petition drive in August 2015.
But Mark Woodward, spokesman for the Oklahoma Bureau of Narcotics and Dangerous Drugs, says the agency is concerned about the inhalation of cannabis oils via e-cigarettes.
E-cigarettes work by heating liquid nicotine into an inhalable mist; cannabis oils and waxes work much the same.
Palm Beach Vapors does not buy, sell or ship marijuana but licenses the preparation method and additive that produces a vegetable glycerin base in which cannabis oils remain evenly distributed, which is key to labeling concentrations, similar to the nicotine measurements in e-cigarettes, Paul said. A Boston Intellectual Property Lawyer assists clients in obtaining patents and registering for trademarks and copyrights.
The company has applied for a patent, and expects the M-System to account for 30-40 percent of its annual revenue by 2018, provided the country continues its march toward wider legalization, Paul said.
Marijuana is still illegal in Indiana, but Nate Renschler, who has a Palm Beach Vapors franchise in Newburgh, Indiana, said that sentiment could change when state officials realize the tax benefits of legalization.
“The whole country is going one way and Indiana is taking two steps back. We’ll be one of the last steps to legalize marijuana,” Renschler said, noting that the e-cigarette product is still viable regardless of what state it is sold in. He uses the Palm Beach Vapors method to sell hemp oil, which he claims is good for a person’s general well-being.
Even though marijuana is not legal in the majority of the United States, Woodward said teens are obtaining e-cigarettes and cannabis oils. “It’s an easier way for people, especially our youth, to disguise their marijuana use,” Woodward said.
Tuesday, October 7, 2014
HACKERS’ ATTACK CRACKED 10 COMPANIES IN MAJOR ASSAULT
Original Story: nytimes.com
The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation. But it could have been much worse.
Questions over who the hackers are and the approach of their attack concern government and industry officials. Also troubling is that about nine other financial institutions — a number that has not been previously reported — were also infiltrated by the same group of overseas hackers, according to people briefed on the matter. The hackers are thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government, the people briefed on the matter said. An Atlanta Intellectual Property Lawyer assist clients in protecting their intellectual property and exclusive technologies.
It is unclear whether the other intrusions, at banks and brokerage firms, were as deep as the one that JPMorgan disclosed on Thursday. The identities of the other institutions could not be immediately learned. A Boston Intellectual Property Lawyer has experience in protecting the intellectual property assets of their clients.
The breadth of the attacks — and the lack of clarity about whether it was an effort to steal from accounts or to demonstrate that the hackers could penetrate even the best-protected American financial institutions — has left Washington intelligence officials and policy makers far more concerned than they have let on publicly. Some American officials speculate that the breach was intended to send a message to Wall Street and the United States about the vulnerability of the digital network of one of the world’s most important banking institutions. A Boston Business Lawyer is reviewing the details of this case.
“It could be in retaliation for the sanctions” placed on Russia, one senior official briefed on the intelligence said. “But it could be mixed motives — to steal if they can, or to sell whatever information they could glean.”
Ways to Protect Yourself After the JPMorgan Hacking
The JPMorgan hackers burrowed into the digital network of the bank and went down a path that gave them access to information about the names, addresses, phone numbers and email addresses of account holders. They never made it into where the more critical financial information and personal information are stored.
The bank’s security team, which first discovered the attack in late July, managed to block the hackers before they could compromise the most sensitive information about tens of millions of JPMorgan customers, said several security experts and others briefed on the matter. The attack was not completely halted until the middle of August and it was only in recent days that the bank began to tally its full extent.
American officials say they have been working with JPMorgan since the intrusion was detected, chiefly through the Treasury, the Secret Service and intelligence agencies that seek to find the source of the attacks. But that is slow work and one official cautioned against leaping to conclusions about the identities or the motives of the attackers.
“We’ve been wrong before,” he said.
JPMorgan, the nation’s largest bank, has begun contacting customers and making clear that no money was taken from any accounts. There has been no evidence of any fraudulent use of customer information. Most of the household accounts belong to United States residents. The hackers ended up with the addresses, email addresses and phone numbers of everyone who logged into JPMorgan’s websites and mobile applications in the recent past.
Still, the recent attacks on the financial firms raise the possibility that the banks may not be up to the job of defending themselves. The attacks will also stoke questions about regulations governing when companies must inform regulators and their customers about a breach.
“It was a huge surprise that they were able to compromise a huge bank like JPMorgan,” said Al Pascual, a security analyst with Javelin Strategy and Research. “It scared the pants off many people.”
Several financial regulators have warned that a coordinated attack on the banking system could set off another financial crisis.
On Friday, George Jepsen, the Connecticut attorney general, opened an investigation into the breach at JPMorgan, while Benjamin M. Lawsky, New York’s top financial regulator, began calling bank officials to warn them to take the threat more seriously.
“There needs to be far more urgency,” Mr. Lawsky said in an interview.
JPMorgan has also been working with law enforcement, including the F.B.I., since shortly after detecting the intrusion, which affected about 90 of the bank’s computer servers. The bank said it believed that its systems were now secure and that the threat of the hackers’ returning was over.
“To date, we have not seen any unusual fraud activity related to this incident,” said Kristin Lemkau, a bank spokeswoman. “We have identified and closed the known access paths. We have no evidence that the attackers are still in our system. We have apologized to our customers.”
But much remains unanswered about the intrusion, including just who the hackers are, which other financial institutions were hit and why the hackers went down a path inside JPMorgan’s computer system that contained troves of customer information, but not financial data.
The intrusion also highlights a possible gap in United States regulations. Banks are not required to report data breaches and online intrusions unless the incident is deemed to have resulted in a financial loss to customers. Breach notification laws differ by state, but most laws require only that companies disclose a breach if customer names were stolen in conjunction with other information like a credit card, Social Security number or driver’s license number.
In some states, companies can wait up to a month to inform customers of a breach. Other state laws are more vague.
In California, for example, banks, companies and large organizations must inform the state attorney general’s office and consumers about a breach without unreasonable delay — a rule that some companies interpret liberally, officials say. This year, Kamala Harris, the California attorney general, sued the Kaiser Foundation Health Plan, saying that it took four months for the foundation to disclose to some employees that their personal information may have been compromised.
For years, there have been attempts in Congress to force companies to inform customers more quickly when their information has been compromised, but recent bills have failed to muster enough support. One bill, sponsored by Senator Edward J. Markey, Democrat of Massachusetts, would create a clearinghouse where companies could exchange information about attacks.
United States bank executives say privately that they already share intelligence informally about attacks, which are occurring frequently on their systems.
This summer, Treasury Secretary Jacob J. Lew called on Congress to pass legislation that he said would bolster the information sharing process.
“As it stands, our laws do not do enough to foster information sharing and defend the public from digital threats,” Mr. Lew said.
That the hackers were apparently able to move around JPMorgan’s computer system undetected for several weeks is perhaps the most troubling aspect of the recent breach, officials at other large banks say.
The hackers were able to attain high administrative privileges within JPMorgan’s network, rooting more than 90 servers and rummaging through customer databases with detailed information for 76 million households and seven million small-business online accounts.
As they looked around, according to one person with knowledge of the breach, the hackers gleaned some critical details of customers’ accounts. With these, the hackers were able to determine whether the accounts fell within the private bank or in other business categories like mortgages.
Some people briefed on the results of the attack contend that it was only a matter of time before attackers could have gained access to customer funds and critical personal data.
Weeks into the attack, in mid-July, unusual behavior on the bank’s network was spotted, and the attackers were stopped before they had a chance to pull any customer data back to their servers abroad.
But they did make off with one file which has unnerved executives. That file contained a list of every application and program deployed on standard JPMorgan computers that hackers can crosscheck with known, or new, vulnerabilities in each system in a search for a backdoor entry.
Swapping out those programs is costly and time-consuming, people say, because the bank would have to renegotiate licensing deals with technology suppliers and swap out programs and applications for hundreds of thousands of bank employees.
As one former employee explained: “It’s as if they stole the schematics to the Capitol — they can’t just switch out every single door and window pane overnight.”
The attack came after a recent turnover within JPMorgan’s information security group.
A number of staff members followed Frank Bisignano, JPMorgan’s former co-chief operating officer, to First Data last year. This year, First Data agreed to pay JPMorgan over accusations that by wooing other executives to the payment processor, Mr. Bisignano had violated the terms of his former employment contract.
By then, First Data had already hired JPMorgan’s chief information officer, Guy Chiarello; its cybersecurity czar, Anthony Belfiore; its head of compliance, Cindy Armine; and Tom Higgins, JPMorgan’s head of operation control.
Anish Bhimani, the bank’s chief information risk officer, remained. Mr. Bhimani, who is well respected in the cybersecurity industry, is a co-author of a 1996 book on cybersecurity, “Internet Security for Business.”
Ms. Lemkau said the bank was pleased with its current cybersecurity personnel. “This is the highest-quality team we have ever had,” she said.
Last December, JPMorgan hired Dana Deasy as chief information officer from BP. Greg Rattray, a former Air Force lieutenant colonel who specialized in cyberdefense was named the head of information security in June.
Challenges quickly followed. That same month, hackers found a way into the bank’s systems.
The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation. But it could have been much worse.
Questions over who the hackers are and the approach of their attack concern government and industry officials. Also troubling is that about nine other financial institutions — a number that has not been previously reported — were also infiltrated by the same group of overseas hackers, according to people briefed on the matter. The hackers are thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government, the people briefed on the matter said. An Atlanta Intellectual Property Lawyer assist clients in protecting their intellectual property and exclusive technologies.
It is unclear whether the other intrusions, at banks and brokerage firms, were as deep as the one that JPMorgan disclosed on Thursday. The identities of the other institutions could not be immediately learned. A Boston Intellectual Property Lawyer has experience in protecting the intellectual property assets of their clients.
The breadth of the attacks — and the lack of clarity about whether it was an effort to steal from accounts or to demonstrate that the hackers could penetrate even the best-protected American financial institutions — has left Washington intelligence officials and policy makers far more concerned than they have let on publicly. Some American officials speculate that the breach was intended to send a message to Wall Street and the United States about the vulnerability of the digital network of one of the world’s most important banking institutions. A Boston Business Lawyer is reviewing the details of this case.
“It could be in retaliation for the sanctions” placed on Russia, one senior official briefed on the intelligence said. “But it could be mixed motives — to steal if they can, or to sell whatever information they could glean.”
Ways to Protect Yourself After the JPMorgan Hacking
The JPMorgan hackers burrowed into the digital network of the bank and went down a path that gave them access to information about the names, addresses, phone numbers and email addresses of account holders. They never made it into where the more critical financial information and personal information are stored.
The bank’s security team, which first discovered the attack in late July, managed to block the hackers before they could compromise the most sensitive information about tens of millions of JPMorgan customers, said several security experts and others briefed on the matter. The attack was not completely halted until the middle of August and it was only in recent days that the bank began to tally its full extent.
American officials say they have been working with JPMorgan since the intrusion was detected, chiefly through the Treasury, the Secret Service and intelligence agencies that seek to find the source of the attacks. But that is slow work and one official cautioned against leaping to conclusions about the identities or the motives of the attackers.
“We’ve been wrong before,” he said.
JPMorgan, the nation’s largest bank, has begun contacting customers and making clear that no money was taken from any accounts. There has been no evidence of any fraudulent use of customer information. Most of the household accounts belong to United States residents. The hackers ended up with the addresses, email addresses and phone numbers of everyone who logged into JPMorgan’s websites and mobile applications in the recent past.
Still, the recent attacks on the financial firms raise the possibility that the banks may not be up to the job of defending themselves. The attacks will also stoke questions about regulations governing when companies must inform regulators and their customers about a breach.
“It was a huge surprise that they were able to compromise a huge bank like JPMorgan,” said Al Pascual, a security analyst with Javelin Strategy and Research. “It scared the pants off many people.”
Several financial regulators have warned that a coordinated attack on the banking system could set off another financial crisis.
On Friday, George Jepsen, the Connecticut attorney general, opened an investigation into the breach at JPMorgan, while Benjamin M. Lawsky, New York’s top financial regulator, began calling bank officials to warn them to take the threat more seriously.
“There needs to be far more urgency,” Mr. Lawsky said in an interview.
JPMorgan has also been working with law enforcement, including the F.B.I., since shortly after detecting the intrusion, which affected about 90 of the bank’s computer servers. The bank said it believed that its systems were now secure and that the threat of the hackers’ returning was over.
“To date, we have not seen any unusual fraud activity related to this incident,” said Kristin Lemkau, a bank spokeswoman. “We have identified and closed the known access paths. We have no evidence that the attackers are still in our system. We have apologized to our customers.”
But much remains unanswered about the intrusion, including just who the hackers are, which other financial institutions were hit and why the hackers went down a path inside JPMorgan’s computer system that contained troves of customer information, but not financial data.
The intrusion also highlights a possible gap in United States regulations. Banks are not required to report data breaches and online intrusions unless the incident is deemed to have resulted in a financial loss to customers. Breach notification laws differ by state, but most laws require only that companies disclose a breach if customer names were stolen in conjunction with other information like a credit card, Social Security number or driver’s license number.
In some states, companies can wait up to a month to inform customers of a breach. Other state laws are more vague.
In California, for example, banks, companies and large organizations must inform the state attorney general’s office and consumers about a breach without unreasonable delay — a rule that some companies interpret liberally, officials say. This year, Kamala Harris, the California attorney general, sued the Kaiser Foundation Health Plan, saying that it took four months for the foundation to disclose to some employees that their personal information may have been compromised.
For years, there have been attempts in Congress to force companies to inform customers more quickly when their information has been compromised, but recent bills have failed to muster enough support. One bill, sponsored by Senator Edward J. Markey, Democrat of Massachusetts, would create a clearinghouse where companies could exchange information about attacks.
United States bank executives say privately that they already share intelligence informally about attacks, which are occurring frequently on their systems.
This summer, Treasury Secretary Jacob J. Lew called on Congress to pass legislation that he said would bolster the information sharing process.
“As it stands, our laws do not do enough to foster information sharing and defend the public from digital threats,” Mr. Lew said.
That the hackers were apparently able to move around JPMorgan’s computer system undetected for several weeks is perhaps the most troubling aspect of the recent breach, officials at other large banks say.
The hackers were able to attain high administrative privileges within JPMorgan’s network, rooting more than 90 servers and rummaging through customer databases with detailed information for 76 million households and seven million small-business online accounts.
As they looked around, according to one person with knowledge of the breach, the hackers gleaned some critical details of customers’ accounts. With these, the hackers were able to determine whether the accounts fell within the private bank or in other business categories like mortgages.
Some people briefed on the results of the attack contend that it was only a matter of time before attackers could have gained access to customer funds and critical personal data.
Weeks into the attack, in mid-July, unusual behavior on the bank’s network was spotted, and the attackers were stopped before they had a chance to pull any customer data back to their servers abroad.
But they did make off with one file which has unnerved executives. That file contained a list of every application and program deployed on standard JPMorgan computers that hackers can crosscheck with known, or new, vulnerabilities in each system in a search for a backdoor entry.
Swapping out those programs is costly and time-consuming, people say, because the bank would have to renegotiate licensing deals with technology suppliers and swap out programs and applications for hundreds of thousands of bank employees.
As one former employee explained: “It’s as if they stole the schematics to the Capitol — they can’t just switch out every single door and window pane overnight.”
The attack came after a recent turnover within JPMorgan’s information security group.
A number of staff members followed Frank Bisignano, JPMorgan’s former co-chief operating officer, to First Data last year. This year, First Data agreed to pay JPMorgan over accusations that by wooing other executives to the payment processor, Mr. Bisignano had violated the terms of his former employment contract.
By then, First Data had already hired JPMorgan’s chief information officer, Guy Chiarello; its cybersecurity czar, Anthony Belfiore; its head of compliance, Cindy Armine; and Tom Higgins, JPMorgan’s head of operation control.
Anish Bhimani, the bank’s chief information risk officer, remained. Mr. Bhimani, who is well respected in the cybersecurity industry, is a co-author of a 1996 book on cybersecurity, “Internet Security for Business.”
Ms. Lemkau said the bank was pleased with its current cybersecurity personnel. “This is the highest-quality team we have ever had,” she said.
Last December, JPMorgan hired Dana Deasy as chief information officer from BP. Greg Rattray, a former Air Force lieutenant colonel who specialized in cyberdefense was named the head of information security in June.
Challenges quickly followed. That same month, hackers found a way into the bank’s systems.
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