Regulatory (57)

Meta Fined $275M by European Regulator Over Breach  

The Irish Data Protection Commission has fined Meta €265 million ($275 million) after a breach that led to more than 530 million Facebook users’ email addresses, mobile phone numbers and other personal data surfacing online. So reports TechCrunch.


EU Eyes Tighter Rules for Smart Devices’ Cybersecurity  

Manufacturers would be required to adhere to cybersecurity standards for Internet-connected devices under new legislation that has been proposed by the European Union’s executive body. So reports Claims Journal.


Drizly’s FTC Breach Case Raises Stakes for Execs  

A recent settlement between the Federal Trade Commission and Drizly, a liquor delivery app owned by Uber, has upped the ante for executives who oversee lapses in cybersecurity.


Parent of Fast Fashion Brand Shein Fined $1.9M

The state of New York has fined Zoetop $1.9 million due to a data breach. Zoetop is the parent of fast fashion brands Shein and Romwe. So reports The Verge.


Twitter Agrees to $150M Fine Over Data Use  

Federal regulators have announced that Twitter will pay a $150 million fine to settle allegations that it illegally used people’s phone numbers and email addresses to sell targeted advertising. So reports NPR.


SEC Breach Disclosure Proposal Would Force CISOs to Think Fast  

The SEC has proposed a data breach disclosure rule that would require chief information security officers to more quickly assess the impact of a cyberattack. So reports GovInfoSecurity.


State Department Opens New Cybersecurity Bureau

The State Department has begun operating a new Bureau of Cyberspace and Digital Policy. So reports CNET.


Cyber Reporting Requirement Passes Congress in $1.5T Bill  

Congress has approved a $1.5 trillion omnibus spending bill that includes a mandate for critical infrastructure companies to promptly disclose cyberattacks and ransomware payments. So report Insurance Journal and Cybersecurity Dive.


Why Biden Admin is Split on Senate Cybersecurity Bill  

The Senate’s recent passage of major cybersecurity legislation appears to have exposed a bureaucratic turf war within President Joe Biden’s administration.


FCC Chair Wants to End Waiting Period for Data Breach Disclosures  

FCC Chairwoman Jessica Rosenworcel has called for scrapping a federal requirement that big phone companies wait seven days before disclosing a data breach. So reports


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