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Proposed legislation threatens fines and prison for reckless damage. Russian Prez must be shaking in his boots
Incident Comes Months After NYS Fined Liberty Mutual $2M in Other HacksInsurance carrier Liberty Mutual is facing proposed class action litigation filed by policyholders who allege their sensitive information was compromised in an April data theft claimed by cybercrime gang Everest Group. The incident is the company's latest data security related troubles.
Don't laugh: The $4.5m fine proposed for carrier Telnyx shows how the Trump administration will run its comms regulator In its first enforcement action of the Trump presidency, the FCC has voted to propose fining Telnyx $4,492,500 – after scammers pretending to be the watchdog's staff started calling actual FCC staffers via the VoIP telco.…
The FCC has proposed a $4,492,500 fine against VoIP service provider Telnyx for allegedly allowing customers to make robocalls posing as fictitious FCC "Fraud Prevention Team," by failing to comply with Know Your Customer (KYC) rules. However, Telnyx says the FCC is mistaken and denies the accusations. [...]
Enzo Biochem Previously Paid Three States $4.5M in Fines for Same BreachBiotech firm Enzo Biochem has agreed to pay $7.5 million to settle a consolidated proposed class action lawsuit involving a 2023 ransomware attack affecting 2.5 million people. The company has already paid $4.5 million in fines to three state attorneys general for the same incident.
Also: US Govt Seeks Return of Hack Funds to Bitfinex; Mango Markets ShutsThis week, BitMEX fined $100M, prosecutors sought return of Bitfinex funds, Mango Markets shut, a Web3 attack method; pastor charged in crypto scam, CFPB proposed firms refund hack victims, 2024 crime stats, Wolf Capital co-founder's guilty plea, Thai Bitcoin miners seized and a New York AG lawsuit.
Telehealth Firm Previously Paid $1.5M Fine to FTC for Similar Privacy IssuesGoodRx has reached a $25 million preliminary settlement of proposed class action litigation alleging the telehealth company violated privacy and an assortment other laws and statues when it previously collected and shared consumers' information with third-parties through online tracking tools.
Cyber Security and Resilience Bill Includes 72-Hour Reporting Deadline, Hefty FinesThe U.K. government's proposed Cyber Security and Resilience Bill is a "good step forward" to encourage ransomware incident reporting, said Ciaran Martin, the former NCSC chief. But he said the success of the new regulations also hinges on the support mechanism for cyber victims.
The US FTC has proposed a $2.95m fine for security camera firm Verkada for alleged security failings that allowed hackers to access customers' video footage
The U.S. Federal Communications Commission proposed today a record-breaking $300 million fine against an auto warranty robocall operation that made billions of calls to more than 550 million phones across the United States. [...]
The fine has finally gone through... but it's less than 45% of what was originally proposed.
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) has proposed a penalty of nearly $1 million to Colonial Pipeline for violating federal safety regulations, worsening the impact of the ransomware attack last year
The US Federal Communications Commission (FCC) today proposed the largest-ever fine against a robocaller for Telephone Consumer Protection Act violations. [...]