News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2022-12-12T20:05:00
A Department of Justice (DOJ) official called the conviction of a former Uber Technologies chief security officer (CSO) on obstruction charges an “outlier” that should not discourage compliance officers from self-reporting violations.
In remarks made Dec. 6 at an American Bankers Association conference, Principal Associate Deputy Attorney General Marshall Miller said the agency’s pursuit of obstruction and concealment charges against former Uber CSO Joseph Sullivan “stemmed from an extreme set of actions that represent an acute outlier from regular compliance practice.”
Some in the compliance and cybersecurity community expressed concern following the October verdict that it could set a new standard for individual liability regarding company data breaches. Miller acknowledged this during his remarks.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-05-05T17:31:00Z By Aaron Nicodemus
The former chief security officer of Uber Technologies was sentenced to probation by a federal court judge as punishment for his involvement in covering up a 2016 data breach that affected 57 million users.
2023-01-31T21:06:00Z By Jeff Dale
Healthcare organizations were under attack more than ever by cybercriminals in 2022, overtaking finance as the most breached industry, according to the latest analysis from Kroll.
2022-10-20T15:07:00Z By Aaron Nicodemus
The case of the Uber chief security officer found guilty by a jury on two felonies for covering up a data breach and misleading federal regulators opens up another potential individual liability issue executives handling cyber incidents face, according to legal experts.
2024-11-21T20:19:00Z By Oscar Gonzalez
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
2024-11-20T18:15:00Z By Aaron Nicodemus
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
2024-11-19T21:05:00Z
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
Site powered by Webvision Cloud