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So far jordan has created 27 blog entries.

OpenX Faces 2 Million FTC Settlement for Breaching Children’s Data Privacy Law


Laws and regulations guiding how companies are allowed to collect personal information from their customers have become increasingly strict over the past few years. However, laws regarding the collection of personal data from children under the age of 13 are even more stringent. Now, advertising platform OpenX is being forced to pay a $2 million settlement to the Federal Trade Commission (FTC) after being accused of collecting personal information from children under 13 without first acquiring parental consent. The FTC’s Children’s Online Privacy Protection Act Rule (COPPA Rule) requires that any apps, websites, or online services that are directed [...]

OpenX Faces 2 Million FTC Settlement for Breaching Children’s Data Privacy Law2022-01-18T21:05:41-05:00

China’s New Privacy Law: Everything You Need to Know


Last August, China's National People's Congress passed a new law designed to protect the online privacy of Chinese citizens titled the "Personal Information Protection Law". The new law - which went into effect on November 1, 2021 - requires that any website or application that collects personal data from its users must have a clear and reasonable purpose for doing so and that their usage of that personal data must be limited to the minimum scope necessary to achieve this clear and reasonable purpose. In addition to requiring that companies only utilize the personal data of [...]

China’s New Privacy Law: Everything You Need to Know2022-01-11T22:50:07-05:00

AML Failures? Rabobank Could Pay a Hefty Price


On Monday, November 15, Dutch cooperative Rabobank announced that it had been ordered by the Dutch central bank to fix its customer due diligence practices under threat of a "punitive enforcement procedure". Rabobank went on to explain in the statement that the current scrutiny the bank is facing stems from Rabobank's lack of compliance with Dutch anti-money-laundering laws. Rabobank said in the company's statement that, "These deficiencies mainly concern the execution, recording and outsourcing of client due diligence, transaction monitoring and reporting of unusual transactions." As of right now, Rabobank claims to be unaware as to whether prosecutors are investigating the situation [...]

AML Failures? Rabobank Could Pay a Hefty Price2022-01-12T00:30:58-05:00

TikTok Class Action: Everything You Need to Know


Ever since the app was launched in 2016, TikTok has been a source of numerous controversies. The latest controversy to strike TikTok, though, is perhaps the most substantial. According to court documents, a proposed $92 million settlement is now pending in the TikTok, Inc., Consumer Privacy Litigation. The lawsuit against TikTok, Inc. alleges that the company has violated state and federal law by improperly collecting and using the personal data of the app's users.  While TikTok, Inc. has denied these allegations, the company announced on November 15 that a settlement has been reached and has directed its [...]

TikTok Class Action: Everything You Need to Know2022-01-12T00:37:00-05:00

How Telemedicine has Helped Slow the Spread of COVID-19


Telemedicine is something that offers a wide range of considerable benefits and is a healthcare service that has been growing in popularity for some time now. However, the COVID-19 pandemic has vastly accelerated the prominence of telemedicine services over the past couple of years and has driven innovations that now position telemedicine for even more accelerated growth. Since the start of the pandemic, limiting the spread of COVID-19 due to hospital and clinic visits has been a vital yet difficult goal for healthcare professionals. Reducing the number of in-person encounters between patients and providers became important [...]

How Telemedicine has Helped Slow the Spread of COVID-192021-11-17T02:07:09-05:00

Information Governance (IG): A Just-in-Time Solution to Mature Data Retention and Preservation Strategies


Disaster strikes unexpectedly in all organizations. But all too often, they are caught unawares. Worst, unprepared! When this happens, the process of strategic decision-making bears the brunt of passive ownership and inadequate responsibility and accountability. That is why increasing demand for a sound information governance (IG) program is in place. Information governance rules out complacency- right to the core. As it has evolved to be more policy-driven, it helps to define clearly who, what, when, where, why, and how your company’s information is accessed and utilized. While an improved data retention process aims to reduce [...]

Information Governance (IG): A Just-in-Time Solution to Mature Data Retention and Preservation Strategies2021-11-12T03:36:20-05:00

Google Cloud: Combating Cyber Threats Through Cybereason


As part of the company's ongoing efforts to combat the rise in cybercrime, Google Cloud has recently invested $50 million in cybersecurity startup Cybereason. This investment comes on the heels of an announced partnership between Google Cloud and Cybereason that entails the companies working together to launch a platform called Cybereason XDR.  Cybereason XDR is a platform that is powered by Chronicle and designed to scan more than 23 trillion security-related events per week in order to identify potential threats and predict cyberattacks. The hope is that this new platform will improve security across the entire Google Cloud infrastructure.  [...]

Google Cloud: Combating Cyber Threats Through Cybereason2021-11-08T02:44:52-05:00

Oil and Gas: M&A Activity Grows in Q4 Despite Global Challenges


From supply chain shortages to decreased demand due to COVID-related travel restrictions, the oil and gas industry has certainly encountered plenty of challenges in recent months. Despite these global challenges, however, mergers and acquisitions (M&A) activity within the oil and gas sector continues to grow, signaling that executives remain optimistic about the future of the industry. There have been a number of recent and noteworthy examples of M&A activity within the oil and gas industry. So far in Q4 2021, Northern Oil and Gas has purchased a non-operated interest in 400 Bakken wells from Comstock Resources [...]

Oil and Gas: M&A Activity Grows in Q4 Despite Global Challenges2021-11-02T04:11:15-04:00

The Emerging Strengths in Information Governance (IG)


While technology breakthroughs continue to surprise businesses in the United States, both from the government and private sectors, doing business online has become more feasible and promising to the greatest extent.  The proliferation of online platforms such as emails, websites, online meetings, social media, messaging apps, etc. has made it possible for any business to thrive, even during the Covid-19 pandemic. Thus, fast access to a company’s data has remained as important as the business itself.  That is why, what Information Governance (IG) does is to help manage electronic information and give it its most beneficial [...]

The Emerging Strengths in Information Governance (IG)2021-10-28T04:44:29-04:00

T-Mobile Hack: What 50 Million Customers Need to Know


In early August 2021, T-Mobile experienced a hack that exposed the sensitive information of over 50 million of the company's current, former, and prospective customers. Information such as names, birthdates, social security numbers, driver's license numbers, and beyond was compromised, leaving the company reeling for answers. Those answers came when a 21-year-old US citizen named John Binns admitted to the Wall Street Journal that he was the one behind the attack. According to Binns, he was able to gain access to a T-Mobile data center located near East Wenatchee, Washington via an unprotected router, enabling him [...]

T-Mobile Hack: What 50 Million Customers Need to Know2021-10-13T05:00:16-04:00

VP Harris: Semiconductor Supply Chain Issues Are “Very Real”


Even before the COVID-19 pandemic struck, semiconductor shortages were an issue that was already starting to affect companies in a wide range of industries. When COVID-19 came along, though, and ground factories all over the globe to a halt - creating worldwide supply chains disruptions the likes of which we have never had to deal with in the modern era - the impact of these shortages was magnified to the nth degree. Now, Vice President Kamala Harris is working to build relationships with the countries that the US especially relies on for its semiconductor demands by [...]

VP Harris: Semiconductor Supply Chain Issues Are “Very Real”2021-10-29T15:29:42-04:00

FTC Warns That Health Apps Must Notify Users of Data Breaches or Face Fines


Health apps have become wildly popular in the past decade, serving as a way for people to more easily monitor their diet, exercise, sleep patterns, and beyond. The fact that many of these applications collect sensitive personal information from their users, though, is cause for security concerns. Now, the U.S. Federal Trade Commission (FTC) is warning that any app that collects personal health information from its users must notify those users if their data is breached or otherwise shared with third parties without the user's permission. Since 2009, the Health Breach Notification Rule has required [...]

FTC Warns That Health Apps Must Notify Users of Data Breaches or Face Fines2021-09-23T04:06:15-04:00

FCA Investigate Digital Bank Monzo Over Possible AML Rule Breach


As governments across the world are strengthening their efforts to crack down on money laundering, more and more financial institutions are finding themselves in the crosshairs. Recently, the British digital bank Monzo became the latest target of an anti-money laundering (AML) investigation, with the Financial Conduct Authority (FCA) announcing in May of this year that it was investigating Monzo for potential breaches of British AML rules and financial crime controls.  The investigation alleges that the breaches of AML rules took place between October 2018 and April 2021. Currently, the investigation is still in its early stages. [...]

FCA Investigate Digital Bank Monzo Over Possible AML Rule Breach2021-08-18T21:44:33-04:00

COVID-19 Patent Waivers: What you Need to Know


In an effort to boost the supply of COVID-19 vaccines, the US government recently voiced its support for temporarily suspending the intellectual property protections that would normally be afforded to the companies producing the vaccines. The argument is that providing patent waivers to manufacturers that do not own the patent on COVID-19 vaccines will allow more manufacturers to begin producing vaccines and providing them to underserved populations. Currently, around three billion COVID-19 vaccines have been administered worldwide. However, the vast majority of these vaccines have gone to wealthier countries, and completely shutting down the spread of the virus [...]

COVID-19 Patent Waivers: What you Need to Know2021-08-18T21:44:38-04:00

Healthcare Revenue Cycle: A Post-Pandemic Seachange?


A recent consumer survey has revealed that just 28% of customers claim to have a strong understanding of the healthcare services that are covered by their health insurance plan. Now that the COVID-19 pandemic has created even more confusion by forcing countless customers to rework their healthcare plans, healthcare revenue cycle leaders are putting new emphasis on the importance of explaining the coverage and out-of-pocket expenses associated with various healthcare plans.  There are a number of different strategies that revenue cycle leaders are hoping to adopt moving forward in order to create more transparency and strengthen financial [...]

Healthcare Revenue Cycle: A Post-Pandemic Seachange?2021-08-18T21:44:40-04:00
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