The Treasury Department announced sanctions against Russia implemented under an executive order from President Joe Biden in response to the SolarWinds hack and alleged election interference by the country.
Cybersecurity
Posted inEthics & Culture
Kudos to whistleblower chief Jane Norberg on successful SEC tenure
Aaron Nicodemus applauds outgoing SEC whistleblower chief Jane Norberg for “revolutionizing” the program and the agency, while Kyle Brasseur laments Facebook’s ethical bungling of its recent data leak. For more Nailed It or Failed It, click here.
Posted inEurope
Facebook facing 10th GDPR probe over data leak
The Irish Data Protection Commission has launched an inquiry into Facebook over concerns the social media giant may not have properly disclosed the full extent of its recent data leak.
Posted inEurope
Facebook’s new leak: Assessing its liability under the GDPR
Old personal data of more than 533 million Facebook users was recently made publicly available on a hacker forum. Could the social media giant face a new investigation under the GDPR in response?
Posted inEurope
Irish DPC seeking answers on Facebook breach
The Irish Data Protection Commission has reached out to Facebook seeking to determine whether the social media giant’s weekend data breach should receive scrutiny under the General Data Protection Regulation.
Posted inRisk Management
Data breach disclosures drop in 2020, report says
Cyber-breach disclosures in 2020 were down 19 percent from 2019—the first drop in the statistic in five years, according to a new report from Audit Analytics.
Posted inEurope
Booking.com fined $557K under GDPR for reporting data breach late
Online reservation Website Booking.com has been fined €475,000 (U.S. $557,000) by the Dutch Data Protection Authority for reporting a data breach 22 days later than the 72 hours required under the GDPR.
Posted inRegulatory Policy
More scrutiny coming to data breach disclosures?
Aly McDevitt assesses controversial data breach disclosures from U.K. retailer FatFace and technology vendor Ubiquiti in light of a report Congress is considering stricter requirements for reporting data breaches. FatFace asked customers affected by its breach to keep it “strictly private and confidential,” while a whistleblower accused Ubiquiti of downplaying a “catastrophic” incident. For more Nailed It […]
Posted inEthics & Culture
James Comey: Buckle up for dangerous post-pandemic risk landscape
Former FBI Director James Comey predicted a “time of extraordinary change” is ahead for the compliance profession in the post-pandemic world during a prerecorded video message at Compliance Week’s Financial Crimes virtual event.
Posted inAccounting & Auditing
Internal audit’s role in cyber-security testing: Where to start
Nathan Anderson, senior director of internal audit at McDonald’s, discusses ways internal audit can better answer management questions about cyber-risks and become a more independent cyber-security testing function overall.
