the uk information Commissioner’s office (ICO) has fined 4 organizations for spamming their clients with unwanted texts...
Video: Equifax teaches us what now not to do after a knowledge breach Jeez, I flip my...
energy suppliers can be fined £17m if they do not adaquately protect in opposition t cyber assaults....
The WannaCry ransomware that claimed hundreds of thousands of victims across 150 countries found itself on speed and red-light cameras on state roads in Victoria last month. The Victorian government was quick to act, freezing an initial 590 fines — with the number quickly jumping to 7,500 — that had been issued...
After the united kingdom top Minister Theresa may just secured a joint statement from the G7 on Friday, backing a...
Social media giants facebook, YouTube and Twitter have once once more been accused of taking a “laissez-faire...
The German cabinet has backed proposals to hit social media firms with fines of as much as €50 million if they...
The Securities and change fee settled costs in opposition to credit Suisse AG for misrepresenting how it determined a key efficiency metric for its wealth management industry. The bank agreed to pay a $ ninety million penalty and admit wrongdoing. The SEC investigation discovered that credit score Suisse contradicted its publicly disclosed...
The Securities and change fee settled expenses Tuesday with Weatherford international WFT, -four.forty five% an oil services firm, for allegedly inflating cash by means of the use of misleading profits tax accounting. Two of the corporate’s former senior accounting executives allegedly made inappropriate changes to fill gaps and meet objectives for the...
The Securities and change fee fined Merrill Lynch $ 12.5 million for no longer preventing erroneous orders that caused mini flash crashes-stock costs plummeted and then recovered within seconds-in Google, Anadarko Petroleum Corp, and Qualys in 2013. Anadarko Petroleum business enterprise APC, -1.02% and Qualys Inc. QLYS, -zero.seventy five% dropped more than...
The Securities and alternate fee said Tuesday it fined Apollo world management APO, +0.00% $ 52.7 million for allegedly breaching its fiduciary responsibilities as an investment advisor via failing to reveal charges and conflicts of interest to investors. Apollo, as the general companion, did not appropriately make known to its limited companions...
The Federal Reserve Board on Wednesday fined Goldman Sachs $ 36.three million for its unauthorized use and disclosure of confidential supervisory knowledge. The regulator also ordered the funding financial institution to implement more advantageous policies for use of private regulatory knowledge. The Fed is also initiating enforcement court cases against a...
The Securities and change fee fined Morgan Stanley Smith Barney LLC MS, -zero.23% the dealer-vendor and funding adviser, $ 1 million on Wednesday for allegedly failing to give protection to consumer data. Morgan Stanley agreed to settle the charges with out admitting or denying them. Between 2011 and 2014 a then-worker, Galen...
The Securities and change commission reached a $ 4 million contract with J.P. Morgan’s JPM, -1.19% brokerage trade based on allegations the financial institution made false and misleading statements about dealer compensation from 2009 to 2012. The SEC mentioned J.P. Morgan falsely mentioned on its private banking website and in advertising and...
The Securities and alternate commission charged three Blackstone crew BX, +2.fifty nine% non-public fairness fund advisers with failing to fully inform traders about revenues recorded for accelerated monitoring charges and reductions on prison charges. Blackstone pays virtually $ 39 million to settle the fees and $ 29 million of the contract will...
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