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Vodafone fined for GDPR infractions in Germany
Failure to adequately monitor the work of third-party agencies and security deficiencies of online portal lead to a €45m ($51m) fine.
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HHS settles with Comstar over cyber risk analysis failures
An investigation found that lapses in risk assessment contributed to a massive ransomware breach at the ambulance billing service.
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GRIP Extra: Ex Goldman partner sentenced, Republicans to limit state AI regulation
Our in-brief roundup also includes China’s new crypto ownership restrictions, Trump’s tariffs, and a multimillion dollar CIRO fine.
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S-Bank Plc to pay over €7m for omissions in operational risk management
Some of S-Bank’s customers experienced financial losses after criminals exploited the malfunction.
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Banking groups ask SEC to nix the cybersecurity incident disclosure rule
American banking and financial industry advocacy groups have petitioned the SEC to repeal its cybersecurity incident disclosure rules.
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GRIP Extra: Bitcoin hits record high, SEC commissioner slams deregulation
Other news includes China threatening legal action against companies taking US guidance not to buy Chinese chips, and the UK sanctioning an accountant for buying oil tankers for Lukoil.
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GRIP Extra: Coinbase victim of $400m cyberattack, Trump fires Copyright Office director
Other news includes Nvidia planning an R&D center in Shanghai, the SEC and FINRA withdrawing a joint crypto custody statement, and the CEO of Novo Nordisk stepping down.
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UK retailers face steeper cyber insurance cover after recent attacks
The UK high street retailer has now admitted that some customer data was stolen as a result of recent cyber attacks.