The European Union on Tuesday formally adopted the world's first comprehensive regulatory regime for the cryptocurrency industry in a measure supporters say will tame volatility illustrated by high-profile crashes such as FTX. The proposal, known as MiCA, will go into effect progressively.
Federal regulators fined a practice management software and services vendor $350,000 in the aftermath of an investigation into a 2018 HIPAA breach that involved a file transfer protocol server mishap. The company said the incident was the result of "a singular human error."
Cloud-based electronic health records vendor NextGen Healthcare is so far facing a dozen proposed class action lawsuits filed in the last week in the same Georgia federal court following the company's disclosure this month of a data breach affecting 1 million individuals.
The chief executive of the company behind generative artificial intelligence tool ChatGPT called for global regulations, including licensing, in testimony before a U.S. congressional panel. The Biden administration is already investigating mechanisms to ensure an "AI accountability ecosystem."
New bipartisan legislation introduced in the U.S. Senate - the Rural Hospital Cybersecurity Enhancement Act - aims to help address the shortage of cybersecurity skills facing rural hospitals, which increasingly find themselves in the crosshairs of hackers, including ransomware attackers.
Former chief security officer Joe Sullivan avoided jail time for his role in impeding a federal investigation into Uber's security practices, but attorney Lisa Sotto of Hunton Andrews Kurth LLP warned security leaders and executives "to take heed" and ensure they are covered for personal liability.
In the latest weekly update, ISMG editors discuss how the Feds have dismembered Russia's 'Snake' cyberespionage operation; the ongoing debate over privacy laws and regulations in the APAC region; and why more companies are banning the use of generative AI tool ChatGPT.
A recently proposed federal rule would prohibit healthcare organizations from disclosing to law enforcement patient information related to obtaining or providing an abortion. If enacted, it will address longstanding loopholes in healthcare privacy, said attorney Kathleen McGee.
The European Parliament called on the European Commission to reject a draft legal framework facilitating trans-Atlantic commercial data flows in a nonbinding vote. A majority said the EU-U.S. Data Privacy Framework fails to protect European citizens from American bulk online surveillance.
In the annals of attempting to downplay the impact of a data breach, here's a new one: British outsourcing giant Capita says the hackers who hit it - steling data pertaining to customers, suppliers and employees - accessed "less than 0.1% of its server estate."
The purchase of promising early-stage startup Laminar by a large tech vendor would match many M&A deals seen in 2023. The downturn has made it tough for small startups to raise additional funding at an increased valuation, while the push for profitability has left big firms open to only tuck-in M&A.
Two separate proposed class action data privacy lawsuits involving the use of Meta Pixel tracking tools in healthcare entity websites are continuing to proceed with new legal developments this week in a Northern California federal court.
Members of the U.K. Parliament considering modifications to national privacy law heard assurances Wednesday that the European Union will go along with them. "U.K. GDPR retains all the rights of the European citizens," said John Edwards, U.K. Information Commissioner said Wednesday.
A U.S. federal appeals court sided with a company that simulates iPhones for security researchers after Apple sued, claiming copyright infringement. The court dismissed a claim that the company had infringed its copyright over iOS and remanded two other claims related to icons and wallpapers.
How much regulation is too much, and how much is too little? Increased cyber regulation, especially in areas of critical infrastructure, is necessary, as outages in the space have the potential to affect many Americans, said Ilona Cohen, chief legal and policy officer at HackerOne.
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