All Technology articles – Page 15
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Google agrees to legal compliance monitor under novel DOJ settlement
Google reached a first-of-its-kind settlement with the Department of Justice requiring the tech giant to hire an outside compliance expert and overhaul its legal compliance process.
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Five companies lose board members in DOJ antitrust sweep
Seven members of corporate boards resigned after the Antitrust Division of the Department of Justice flagged their situations as potential violations of the Clayton Act.
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French DPA latest to fine Clearview AI over GDPR violations
France’s CNIL became the fourth European data protection authority this year to fine Clearview AI over its controversial facial image aggregation practices, matching a pair of its counterparts with a €20 million (U.S. $19.6 million) penalty.
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Uber CSO ruling fallout: Individual liability extends to data breach response
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.
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Intel appoints chief compliance officer
Technology giant Intel Corp. promoted Carol Tate to vice president and chief compliance officer.
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SEC order against recidivist Oracle skirts the issue
The most notable and relevant details in settlement agreements concerning regulatory compliance violations are often what is not stated. The SEC’s cease-and-desist order against Oracle over violations of the Foreign Corrupt Practices Act is no exception.
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U.S., U.K. improve anti-corruption coordination with data access agreement
A new agreement will allow law enforcement agencies in the United Kingdom and United States to gain better access to data held by tech and telecommunications firms from the other’s country as part of evidence gathering for complex white-collar crimes.
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State Street recruits global CCO from Google
State Street Corp. hired Yvette Hollingsworth Clark to be its global chief compliance officer and executive vice president. Hollingsworth Clark joins from Google, where she served as head of compliance for the consumer trust business.
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U.S. includes surveillance concessions in new transatlantic data flow framework
President Joe Biden’s executive order on a data privacy framework aims to provide a workable, legally resilient solution for companies to continue moving and storing the personal data of EU-based citizens to American-based servers without running afoul of the GDPR.
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Samsung facing class action alleging CCPA violations over data breaches
Samsung collected too much personal data from customers and failed to adequately secure it, leading to two data breaches this year and potentially millions of harmed individuals, a class-action lawsuit alleges.
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Tango Card to pay $116K for e-gift card sanction violations
Tango Card, a supplier and distributor of electronic rewards, agreed to pay approximately $116,000 as part of a settlement with the Office of Foreign Assets Control for apparent sanctions violations related to its issuance of e-gift cards.
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Experts: EU Cyber Resilience Act puts pressure on tech developers, users
The EU’s proposed Cyber Resilience Act primarily puts pressure on tech manufacturers to ensure the cybersecurity of their products, but companies also have a duty of care to use the most secure products available.
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Oracle to pay $23M to settle FCPA violations in 3 countries
Oracle Corp. will pay more than $23 million to settle allegations laid by the Securities and Exchange Commission it violated the Foreign Corrupt Practices Act when its subsidiaries in India, Turkey, and the United Arab Emirates bribed foreign officials for business.
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TripleLift names chief privacy officer
Advertising technology company TripleLift announced the appointment of James Evans as chief privacy officer and vice president of legal.
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TikTok facing $29M fine over U.K. children’s privacy violations
The Information Commissioner’s Office warned social media platform TikTok it could be fined £27 million (U.S. $29 million) for failing to protect children’s data in line with the U.K.’s version of the General Data Protection Regulation.
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Snap recruits chief compliance officer from Peloton
Social media company Snap filled its vacant chief compliance officer post last month by hiring former Peloton Head of Compliance and Risk Lance Lanciault, a Snap spokesperson confirmed.
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Ireland interpretations of GDPR criticized again in Instagram case
In fining Instagram a record €405 million (U.S. $405 million) for General Data Protection Regulation violations regarding the safeguarding of teenage users’ data, the Irish Data Protection Commission took some heat of its own.
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Sparkster to pay $35M for selling unregistered crypto securities
Software development company Sparkster and its CEO Sajjad Daya agreed to collectively pay more than $35 million for the offer and sale of unregistered crypto securities.
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South Korea data regulator fines Google, Meta combined $72M
South Korea’s data regulator fined Google and Meta a total of ₩100 billion (U.S. $72 million) for violating the country’s personal data collection law, which forbids the collection and use of personal information without user consent.
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HP recruits general counsel from Yahoo
Tech giant HP recruited Julie Jacobs to join next month as its chief legal officer and general counsel. Jacobs serves as senior executive vice president, general counsel and corporate secretary at Yahoo.