PYMNTS

NOVEMBER 30, 2017

Privacy regulators of the European Union said Wednesday (Nov. 29) they have created a task force to coordinate the inquiries into the data breach at Uber , which the ride-hailing company covered up for a year. Australia and the Philippines are launching inquiries into how Uber handled the data breach. Lawmakers in the U.S.

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PYMNTS

JULY 17, 2017

Two years after its tumultuous and massive data breach exposing millions of its users’ data to the public, the controversial Ashley Madison site — which sets up married or people in committed relationships with others looking for sexual encounters — has finally reached a settlement. million settlement with the 37 million site users.

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PYMNTS

JUNE 16, 2019

The speech encompassed privacy violations and data breaches, among other topics, CNBC reported. Cook said, “We see it every day now with every data breach, every privacy violation, every blind eye turned to hate speech, fake news poisoning out national conversation, the false miracles in exchange for a single drop of your blood.”

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PYMNTS

NOVEMBER 27, 2018

Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), Department of Justice (DOJ) and Federal Trade Commission (FTC). after the Information Commissioner’s Office (ICO) ruled that the social media network operator was engaged in “serious breaches of data protection.”.

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PYMNTS

JULY 22, 2019

The Federal Trade Commission will soon announce the details of a settlement with Facebook over privacy violations, according to a report by The Wall Street Journal on Monday (July 22). Facebook will create a new board committee that will solely exist to focus on privacy, as part of the settlement. .

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PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. This led to a security breach that compromised the data of approximately 2.1

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PYMNTS

APRIL 12, 2018

Consumer Watchdog has called on Congress to enact legislation that would protect consumers’ online privacy in the wake of Facebook’s data scandal. Facebook has a longtime record of violating privacy, making a show of apologizing, and then going forward to invade privacy again,” said John M.

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PYMNTS

DECEMBER 4, 2018

The massive data breach revealed by Marriott last week might hurt its customers beyond the personal information that was stolen. On November 30, the company announced that as many as 500 million guests’ data was accessed due to a data breach of the Starwood hotel guest reservation database.

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PYMNTS

JANUARY 24, 2019

Facebook is facing breakup calls from a handful of advocacy groups that want the Federal Trade Commission to explore breaking up the social media giant.

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PYMNTS

OCTOBER 9, 2017

Financial company MSCI had warned Equifax a year before its massive data breach that there were signs it wasn’t protecting the data of its millions of customers. What’s more, MSCI scored a zero for the privacy and security of consumers’ data. Additionally, exposure of 209,000 credit card account numbers was also revealed.

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PYMNTS

OCTOBER 20, 2019

House Antitrust Subcommittee David Cicilline (RI-D) said he anticipates having a final report in early 2020 about big technology companies and any breaches of antitrust law, Reuters reported on Friday (Oct. hearing to discuss privacy, big technology and online competition. The chair of the U.S.

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PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. Australia and the Philippines are launching inquiries into how Uber handled the data breach. 22), regulators in the U.K.,

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FICO

JULY 7, 2020

Additionally, update your privacy settings on social networks to restrict access only to people that you trust. Sign up for free Federal Trade Commission (FTC) scam alerts. Use the help offered by breached organizations. Often organizations that have encountered a data breach, will provide free resources.

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PYMNTS

JULY 23, 2019

Amid privacy concerns, Senate hearings and Libra drama, it’s time for the company to translate it all into their second-quarter earnings report, which is set to publish on Wednesday (July 24). The settlement also included guidelines for how the company should handle its users’ privacy in the future.

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PYMNTS

AUGUST 20, 2019

According to Bloomberg , the Federal Trade Commission has been investigating whether YouTube breached the Children’s Online Privacy Protection Act (COPPA) by using targeted, or “behavioral,” ads on videos that are likely to be watched by children.

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FTC Federal Trade Commission Compromise Regulations 44

PYMNTS

SEPTEMBER 9, 2019

12), the House Judiciary Antitrust Subcommittee will hold a hearing on issues top of mind in the digital realm — touching on how data and privacy affect competition online, and specifically, for online marketplaces. For Big Tech , expect fireworks for fall, or a September to remember. This Thursday (Sept.

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PYMNTS

MAY 21, 2018

A group of progressive advocacy groups, including MoveOn and Demand Progress, is calling on the Federal Trade Commission (FTC) to break up Facebook in the wake of the Cambridge Analytica data scandal. Zuckerberg even appeared before Congress to provide testimony about the breach.

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FTC Federal Trade Commission Privacy On-Demand 40

PYMNTS

MAY 9, 2019

In a New York Times op-ed on Thursday (May 9), Hughes said it is time for the government to hold Facebook CEO Zuckerberg accountable, arguing that an impending $5 billion fine by the Federal Trade Commission (FTC) isn’t enough punishment for the company.

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FTC Federal Trade Commission Privacy Governance 43

PYMNTS

APRIL 2, 2019

The positive call from Deutsche Bank will be welcome news to Facebook , which has been under intense scrutiny following data scandals and privacy breaches. The social media company is facing what could amount to a record fine from the Federal Trade Commission (FTC).

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Federal Trade Commission FTC Privacy Breach 40

PYMNTS

OCTOBER 31, 2019

Many are worried about the company’s large market shares, privacy issues and whether sites like Facebook are sharing untrue information. David Cicilline said he anticipates having a final report in early 2020 about big technology companies and any breaches of antitrust law. Google is also being investigated by the U.S.

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Federal Trade Commission Laws Privacy Breach 40

PYMNTS

DECEMBER 1, 2017

On Thanksgiving morning, Uber-using Americans woke up with two questions: How long do I cook my turkey, and was I one of the 57 million people whose personal data was hacked as part of the Uber breach? At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data.

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PYMNTS

MARCH 25, 2016

To put it in terms of things, things are rocky when it comes to security, privacy and the Internet of Things (IoT). The relationship between consumer and connected things breaks down with there’s a privacy or security breach, which inevitably becomes a breach of trust. “It’s

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FTC Federal Trade Commission Encryption Privacy 40

PYMNTS

APRIL 30, 2018

lawmakers about how his company can better protect its users’ data following the Cambridge Analytica breach. Among the most significant reforms was the General Data Protection Regulation (GDPR), an EU-wide mandate to strengthen the protection measures impacting EU citizens’ personal data and privacy.

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Clearly Payments

FEBRUARY 8, 2024

Its primary objectives encompass safeguarding consumers, maintaining financial stability, promoting market integrity, preventing fraud and security breaches, and ensuring legal compliance. Department of the Treasury, the OCC supervises and regulates national banks and federal savings associations.

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PYMNTS

DECEMBER 6, 2019

The Federal Trade Commission (FTC) found on Friday (Dec. The FTC also found that the firm lied about how it was participating in the Privacy Shield framework between the EU and the U.S., which is a pact relating to the transfer of personal data across borders.

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FTC Federal Trade Commission Participant Privacy 52

PYMNTS

MARCH 20, 2018

Facebook , the social media giant embroiled in a new consumer data scandal, is being pursued by the Federal Trade Commission (FTC), the main agency for enforcing privacy policies. The FTC should use all of its power to prevent this from ever happening again.”.

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FTC Federal Trade Commission Data Breach Privacy 46

PYMNTS

NOVEMBER 6, 2017

Yet those nine numbers have become a standard bearer for identity verification, a gold mine for fraudsters – maybe rendered moot by the huge breaches at Equifax and other companies. The numbers are sobering, as always: The Federal Trade Commission (FTC) has found that account takeover fraud is on the rise.

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Security Consumer Office of the Comptroller of the Currency Identity Theft 43

PYMNTS

MAY 31, 2019

Vice Chancellor Joseph Slights of the Delaware Chancery Court has ruled that there’s a “credible basis” to infer that Facebook may have committed malfeasance in relation to data breaches, and that the social media giant must turn over to shareholders emails and other records about how it handles privacy issues, according to a report by Reuters.

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