Regulatory (67)

SEC's Breach Disclosure Rules Criticized as 'Worryingly Vague'

Data breach reporting rules newly introduced by the Securities and Exchange Commission have drawn industry pushback. So reports IT Pro.


Wyden Urges Inquiry Into Microsoft Data Breach  

Sen. Ron Wyden (D-Ore.) has called on the Justice Department, the Federal Trade Commission and the Cybersecurity and Infrastructure Security Agency to investigate Microsoft’s handling of cybersecurity. So reports Axios.


Ex-Cybersecurity Pro Charged With $9M Crypto Theft

Federal prosecutors have arrested and charged Shakeeb Ahmed, described only as a “former security engineer” for an “international technology company,” with stealing about $9 million in cryptocurrency. So reports Gizmodo.


White House Cyber Roadmap Faces Obstacles, Industry Pros Say  

The Biden administration has announced an implementation plan for the National Cybersecurity Strategy released in March, and the industry wasted no time weighing in on the new framework.


Microsoft Stashes $425M for Expected European Fine

Microsoft has said that it is expanding a reserve fund and will “take a charge of approximately $425 million in the fourth quarter” of 2023 in anticipation of a potential fine for violating Europe’s sweeping data-privacy law. So reports GovInfoSecurity.


Will Montana’s TikTok Ban Start a Trend?  

Although Montana’s new law banning TikTok in the state will be all but impossible to adequately enforce, it could prompt more widespread restrictions of the popular video-sharing app. That’s according to cybersecurity experts cited in various media reports.


Meta Faces Record $1.3B EU Fine Over Data Privacy  

The European Union’s data privacy watchdog has fined Meta €1.2 billion ($1.3 billion), the largest-ever penalty under Europe’s General Data Protection Regulation. So reports CNN.


Italy Bans ChatGPT Over Privacy Concerns  

Italy has become the first Western nation to block ChatGPT, OpenAI’s widely used chatbot based on generative artificial intelligence. So reports CNBC.


FCC Proposes Faster Data Breach Warnings for Telecom Customers  

The Federal Communications Commission has proposed rules that would eliminate the current mandatory waiting period of seven business days before telecommunications companies can notify customers about cybersecurity incidents. So reports Engadget.


FBI Director Warns of TikTok Security Concerns

The head of the FBI has sounded the alarm about national security risks from TikTok. So reports the Associated Press.


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