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Tag Archives: regulators

This summer’s shocking Twitter hack started with tech support scams, New York regulators claim

At the time of the July 15 attack, Twitter did not have a chief information security officer and suffered from poor internal security controls, the report said. Officials behind the report called for additional cybersecurity regulation for key technology platforms. “In other industries that are considered critical infrastructure, such as telecommunications, utilities, and finance, we have regulators and regulations in …

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Regulators Punish Citigroup $ 400 Million For “Serious Persistent Defects”

Federal banking regulators fined Citigroup on Wednesday Inc. C. 0.97% $ 400 million and ordered the third largest bank in the country to fix its risk management systems, citing “significant persistent flaws”. In a letter of approval approved by the board of directors of the New York Bank, the Federal Reserve held Citigroup responsible for falling short in “various areas …

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Dane County’s regulators are asking the PHMDC to investigate Epic’s reopening plans

August 8, 2020, 7:00 p.m. Stephen Cohn Sent: August 8, 2020, 7:00 p.m. Updated: August 8, 2020, 9:07 pm MADISON, Wisconsin – In a Facebook post on Friday, the Dane County Supervisor urged Madison & Dane County’s Public Health to make Epic System’s personal reopening plan more transparent to its employees. Dane County Supervisor for District 19 Teran Peterson issued …

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Google could try to save its Fitbit deal from EU regulators by promising not to use health data for ads

Fitbit’s devices like the Versa 2 smartwatch collect a lot of health data.photo:: Victoria Song European regulators are reviewing Google’s contract to acquire Fitbit and are even looking for a perspective from health care providers and the company’s competing portable device manufacturers. This seems to make Google sweat a little, so a Reuters reportbecause the company may plan to make …

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Casino regulators are tightening the mask rules as the number of coronavirus cases in Las Vegas increases

Amid an increasing number of coronavirus cases, Nevada gaming regulators have introduced new rules to protect merchants. From now on, players must wear masks at gaming tables where there are no plexiglass partitions. The Nevada Gaming Control Board has also issued new guidelines that require casinos to offer masks to all guests upon entry and to place signs in their …

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Listening to oil in Texas is stirring the hornet’s nest as regulators give no indication of a decision

HOUSTON (Reuters) – The Texas energy regulators listened as top executives debated on Tuesday whether the state should cut oil production by 1 million barrels a day, but did not state how they vote after sometimes 10 hours of horrific statements could. FILE PHOTO: A pump lifter with a rental agreement from Parsley Energy is located in the Permian Basin …

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Regulators approve Suntrust's merger with BB & T

Bundesbank regulators approved on Tuesday the merger of SunTrust Banks and its rival BB & T, breaking the hurdle of merging the financial giants into the country's sixth-largest bank. SunTrust of Atlanta and BB & T of Winston-Salem, NC, announced plans to join forces in February. The combined bank will be based in Charlotte, but Atlanta will retain the corporate …

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According to US regulators, Match.com has linked data with fake accounts to increase subscriptions

Match.com may have linked non-paying information to fake accounts to encourage them to subscribe. In a lawsuit against Match Group, the Federal Trade Commission accuses the company of associating Match.com data with counterfeit accounts in order to persuade them to subscribe. The case points to the dim border between really helpful notifications and those that arouse people's curiosity about monetizing …

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That's why regulators are so worried about Facebook's digital currency

A visual representation of a cryptocurrency coin in front of the logos of Facebook and Libra. Chesnot | Getty Images Policymakers around the world have stepped up the pressure on Libra, the digital currency introduced by Facebook, fearing it could seriously disrupt the global financial system. On Tuesday, European Central Bank Governing Board member Benoit Coeure warned virtual currencies such …

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