Politico reported on Apr. 11 that the White House “will direct federal agencies to make deep personnel cuts over the next year” in a 14-page memo that replaces the hiring freeze. “The memo tells agencies to ‘begin taking immediate actions to achieve near-term workforce reductions.’… The memo also calls for delivery by September of an…
Wells Fargo released the Board’s investigation of itself and in a surprise finding, it concludes it did just fine. The four-member committee was made up of current board members, with three of the four having served since before 2009 when the bad conduct is alleged to have begun. A law firm did assist in the…
Thomas Pahl has been appointed Acting Director of the Federal Trade Commission’s Bureau of Consumer Protection, according to a press release on the FTC’s website. “Pahl previously served a detail to the United States Senate Judiciary Committee under the leadership of Chairman Orrin Hatch, focusing on antitrust and consumer privacy issues. Pahl also has worked…
After the election, individuals took to the streets across the country to express their outrage and disappointment at the result of the U.S. presidential election. Many protesters may not be aware of the unfortunate fact that exercising their First Amendment rights may open themselves up to certain risks. Those engaging in peaceful protest may be…
The Trump team announced it will hold private meetings with select companies on cybersecurity preparedness. The meetings, to be coordinated and led by Rudy Giuliani, will be with “companies which have faced or are facing challenges similar to . . . the government and public entities today.” Private meetings. What could go wrong?
Amazon’s terms and conditions for its new video game operating system do not apply in the event of a zombie apocalypse. It’s nice to see to companies being practical in their customer agreements. Read the entire article here.
In early September, Mexico’s data protection authority, the National Transparency, Information Access and Data Protection Institute (INAI), issued a fine o Source: Huge fine of nearly U.S. $2 million levied on Mexican bank after data breach | Technology Law Dispatch
“We’re not going to be accepting a company’s cooperation when they just offer up the vice president in charge of going to jail,” she said. Source: Justice Department Sets Sights on Wall Street Executives – The New York Times
Source: The Economist explains: What is code? | The Economist
A terrifying assessment. Sound familiar? The challenge for regulators is exacerbated by the fact that there are only four firms equipped to audit large multinational companies. The industry cannot afford to lose a firm because of commercial or regulatory pressures, or a hit to their reputation from a failed audit. Deloitte’s Mr Sproul says: “The…
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