By
Adrianne Appel2022-10-24T21:13:00
The Federal Trade Commission (FTC) announced a tentative settlement with online alcohol delivery platform Drizly and its chief executive officer regarding a data breach affecting 2.5 million consumers and the alleged lax security that allowed it to happen.
The proposed order, released Monday, will be printed in the Federal Register and subjected to a 30-day comment period, after which the FTC may decide to accept it and make it final or withdraw from it.
The agency highlighted the inclusion of Drizly CEO James Cory Rellas in its proposed order for his role in presiding over the company’s alleged security failures.
2023-01-11T20:38:00Z By Adrianne Appel
Online alcohol retailer Drizly and its chief executive officer agreed to data security requirements and to be assessed by an independent monitor for up to 20 years as part of a final settlement with the Federal Trade Commission over a data breach that impacted 2.5 million consumers.
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.
2022-10-06T20:03:00Z By Aaron Nicodemus
Joseph Sullivan, the former chief security officer of Uber Technologies, was found guilty of two felonies connected to allegations he covered up a massive data breach at the ridesharing company and misled federal regulators about Uber’s response.
2025-12-09T20:40:00Z By Ruth Prickett
A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to maintain adequate controls.
2025-12-09T14:32:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau’s Supervision Division introduced a new “humility pledge” last month that examiners will read aloud at the start of each oversight engagement. It’s another shift in how the organization handles itself under the Trump administration.
2025-12-03T17:18:00Z By Adrianne Appel
A San Francisco-based private equity firm has agreed to pay $11.4 million to settle allegations it violated U.S. sanctions rules by handling investments for a sanctioned Russian oligarch.
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