Cybersecurity

FTC Fines Mental Health Startup Cerebral $7 Million for Major Privacy Violations

Apr 16, 2024NewsroomPrivacy Breach / Regulatory Compliance The U.S. Federal Trade Commission (FTC) has ordered the mental telehealth company Cerebral from using or disclosing personal data for advertising purposes. It has also been fined more than $7 million over charges that it revealed users’ sensitive personal health information and other data to third parties for […]

Cybersecurity

Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts

Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 […]

Cybersecurity

Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts

Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 […]

Cybersecurity

The Golden Age of Automated Penetration Testing is Here

Mar 29, 2024The Hacker NewsPen Testing / Regulatory Compliance Network penetration testing plays a vital role in detecting vulnerabilities that can be exploited. The current method of performing pen testing is pricey, leading many companies to undertake it only when necessary, usually once a year for their compliance requirements. This manual approach often misses opportunities […]

Cybersecurity

Billion-dollar boat seller MarineMax reports cyberattack to SEC

A cyberattack has disrupted operations at one of the world’s biggest boat sellers, the company said in regulatory filings this week. MarineMax, which calls itself the world’s largest recreational boat, yacht, and superyacht services company, filed documents with the Securities and Exchange Commission on Tuesday afternoon describing the incident, which began Sunday.  “MarineMax determined… that […]

Cybersecurity

Businesses banning or limiting use of GenAI over privacy risks – Help Net Security

Privacy is much more than a regulatory compliance matter. Findings from a new Cisco study highlight the growing Privacy concerns with GenAI, trust challenges facing organizations over their use of AI, and the attractive returns from privacy investment. “Organizations see GenAI as a fundamentally different technology with novel challenges to consider,” said Dev Stahlkopf, Cisco […]

Cybersecurity

FTC Bans Outlogic (X-Mode) From Selling Sensitive Location Data

Jan 10, 2024NewsroomPrivacy / Regulatory Compliance The U.S. Federal Trade Commission (FTC) on Tuesday prohibited data broker Outlogic, which was previously known as X-Mode Social, from sharing or selling any sensitive location data with third-parties. The ban is part of a settlement over allegations that the company “sold precise location data that could be used […]

Cybersecurity

DOJ Slams XCast with $10 Million Fine Over Massive Illegal Robocall Operation

Jan 03, 2024NewsroomVoIP Service / Regulatory Compliance The U.S. Department of Justice (DoJ) on Tuesday said it reached a settlement with VoIP service provider XCast over allegations that it facilitated illegal telemarketing campaigns since at least January 2018, in contravention of the Telemarketing Sales Rule (TSR). In addition to prohibiting the company from violating the […]