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Despite a spate of recent actions exemplifying how the US Securities and Exchange Commission is enforcing disclosure and compliance, companies are still unsure how and what to report.
VW also failed to meet regulatory requirements for data security, and even violated its own terms of service, said analyst.
The European Data Protection Board advised national regulators to allow personal data to be used for AI training, as long as the final product doesn’t reveal personal information.
This latest penalty adds to a series of GDPR fines against Meta, bringing the total to $3 billion.
Evolving IT strategies and emerging technologies and threats have organizations shuffling their cyber skills want lists, according to a recent survey of IT security managers conducted by ISC2.
Security leaders can face personal liability peril for security fails or misleading disclosures to the SEC and navigating the reporting guidelines is not always a straightforward task.
Banks, investment, and insurance firms can expect ransomware, DDoS, compliance, and AI to be their top risks.
Stringent requirements on DoD contractors to comply with existing protections are expected to take effect by the end of the year
The Cybersecurity Maturity Model Certification (CMMC) is a US Department of Defense program outlining tough requirements for Defense Industrial Base contractors to ensure the protection of sensitive data. It is expected to take effect by year-end.
The insurance firm’s CISO took $150,000 for selling 7.24 terabytes of data, according to the hacker who said the company’s senior management was involved in the data breach.