Cybersecurity

FTC Bans InMarket for Selling Precise User Location Without Consent

Jan 22, 2024NewsroomPrivacy / Technology The U.S. Federal Trade Commission (FTC) is continuing to clamp down on data brokers by prohibiting InMarket Media from selling or licensing precise location data. The settlement is part of allegations that the Texas-based company did not inform or seek consent from consumers before using their location information for advertising […]

Cybersecurity

Crypto trading firm closes shop after $8 million NY state fine over security issues

A cryptocurrency trading company has shut down after agreeing to pay an $8 million penalty and surrender its licenses to New York state regulators, who found it had violated multiple financial industry rules, including cybersecurity protections. Genesis Global Trading, Inc. had “compliance failures” that “left the company vulnerable to illicit activity and cybersecurity threats,” including […]

Cybersecurity

Online services down for German craft associations following ‘security incident’

The websites and online services for multiple Chambers of Crafts in Germany are down following a “security incident” that appears to have impacted a managed service provider. A statement on the parent organization’s website, which is still online, says that the cyberattack affected an unidentified IT service’s data center and was discovered during the first […]