The Biden administration stepped up regulatory enforcement against cryptocurrency trading platforms in consecutive lawsuits targeting Binance and Coinbase for alleged violations of securities laws. "We already have digital currency. It's called the U.S. dollar," said U.S. SEC Chairman Gary Gensler.
The Federal Trade Commission has filed an amended complaint against Kochava, as allowed by a federal judge who last month dismissed the agency's first shot at a lawsuit seeking to permanently stop the data analytics firm from selling geolocation data collected from mobile devices.
Federal regulators have once again smacked a healthcare provider with a HIPAA settlement involving patient protected health information that was disclosed in response to a negative online review. Manasa Health Center will pay $30,000 and implement a corrective action plan, HHS said.
The Iowa Department of Health and Human Services has reported to federal regulators its third major health data breach involving a vendor since April. This time, Iowa HHS/Medicaid says the data of nearly 234,000 individuals was compromised in a mega hack recently reported by MCNA Insurance Co.
OJK, the financial regulator in Indonesia, in December 2022 introduced regulations to ensure better cyber resilience for the financial industry. Wahyu Agung Prasetyo, IT and cyber risk management head at Bank Mega, shared how his bank is preparing to meet the regulations and the challenges ahead.
Microsoft is warning investors it may receive a fine from European privacy regulators adding up to at least hundreds of millions of dollars over targeted advertising on its LinkedIn social network. European authorities have shown increased willingness to use the GDPR to limit targeted advertising.
A federal judge declared a mistrial in the criminal HIPAA conspiracy case against a married couple, both doctors, after the jury deadlocked on whether the two had been entrapped by the U.S. government into providing patient records to a supposed Russian operative. Prosecutors will seek a retrial.
A flurry of legal complaints and a lawsuit have been filed against the city of Oakland, California, after it fell victim to a ransomware attack. The Play group claimed credit for the attack and posted some of stolen information, which includes personal details, ID numbers and health information.
This week: Amazon settled privacy and cybersecurity investigations with the U.S. FTC, SAS received a $3 million extortion demand and apparently Ukrainian hacktivists penetrated Russia's Skolkovo Foundation. Plus, breaches at Onix Group and Toyota and a warning about Salesforce "ghost sites."
Artificial intelligence poses a global risk of extinction tantamount to nuclear war and pandemics, say a who's who of artificial intelligence executives in an open letter that evokes danger without suggesting how to mitigate it. Among the signatories are Sam Altman and Geoffrey Hinton.
Amazon agreed to pay $5.8 million to settle a Federal Trade Commission investigation into allegedly poor cybersecurity practices by its Ring home surveillance device subsidiary. The company is also poised to come under two decades' worth of outside reviews of a mandated data and security program.
Synopsys stands head and shoulders above the competition in Gartner's application security testing rankings, with Snyk rising and HCL Software falling from the leaders category. Longtime app security players Veracode, Checkmarx and OpenText joined Synopsys and Snyk atop the Gartner Magic Quadrant.
Many hospitals are still more reactive than proactive in terms of embracing recommended best practices that can advance their cybersecurity maturity level, said Steve Low, president of KLAS Research, and Ed Gaudet, CEO of consulting firm Censinet, who discuss findings of a recent benchmarking study.
Supply chain is critical for application security because most firms rely on third-party software components. The ease of injecting vulnerabilities into open-source components makes software bill of materials a critical need, said Minatee Mishra, director of product security at Philips.