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Extortion With a Smile

As the ransomware racket has evolved it has become both more commercial and more professional. New ransomware gangs have adopted the language and practices of…

SEC Investigating GE Over Insurance Losses

In an Oct. 6 filing, GE disclosed that it had received a Wells Notice from the SEC warning the company that it plans to bring…

Law Enforcement Launches Tech Attack On Ransomware

Someone or some organization has been launching a series of coordinated attacks designed to disrupt Trickbot, a collection of more than two million malware-infected Windows…

Don’t Pack the Supreme Court, Dis-Empower It

In a paper published in the California Law Review, Ryan Doerfler of the University of Chicago Law School and Samuel Moyn of Yale University argue…

Consumers Will Ditch Cyber-Attacked Companies

According to a poll taken by KPMG, most consumers would take their business elsewhere if they found out that a company had suffered a cyber-attack…

StockX Facing Class Action For Breach It Denied

StockX, a trading platform for fashion and sneakers, is facing a class action lawsuit after a data breach this past spring. TechCrunch reported the breach…

CII Charges SEC With Weakening Investors’ Power

The Council of Institutional Investors is raising the alarm about the SEC’s Sept. 23rd approval of fundamental changes that will deprive many shareholders of the…

Beware of Politically Exposed Persons, If You Can Figure Out What They Are

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) wants compliance professionals to be particularly wary of politically exposed persons, which it refers to as “foreign…

Reactions to Tyler Technologies Data Breach

Texas-based Tyler Technologies sells services to state and local governments including tax software, software for courts, and enterprise financial software systems. It had more than…

Electric Truck Company Founder Arrested On Fraud Charges

Nikola Corp. founder and Executive Chairman Trevor Milton was arrested trying to board an airplane in Phoenix. He had announced that he was stepping down…

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