74 Arrested in Coordinated International Enforcement Operation “Wire Wire,” Targeting Hundreds of Individuals in Business Email Compromise Schemes 42 Alleged Fraudsters Arrested in the United States Federal authorities announced today a significant coordinated effort to disrupt Business Email Compromise (BEC) schemes that are designed to intercept and hijack wire transfers from businesses and individuals, including…
Category: Of Note
Yahoo’s EU regulator orders privacy changes over data breach
Padraic Halpin reports: Yahoo’s European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens. […] It ordered the internet company to take specified actions, including ensuring that all its data protection policies take account of the applicable…
Eleventh Circuit Vacates FTC Cybersecurity Order against LabMD
Attorneys at Ropes & Gray, the law firm representing LabMD in LabMD vs. FTC, write: On June 6, 2018, at the urging of Ropes & Gray, the U.S. Court of Appeals for the Eleventh Circuit vacated an order that the Federal Trade Commission (the “FTC”) had imposed on LabMD, Inc. (“LabMD”) to overhaul the cancer…
There’s a big problem for the FTC lurking in 11th Circuit’s LabMD data-security ruling
Alison Frankel writes about what she calls the less obvious takeaway from the 11th Circuit’s LabMD opinion: FTC enforcement actions for unfair practices cannot be based just on consumer injury, even “substantial” injury. This is going to get wonky, but, trust me, it’s what cybersecurity defense lawyers are already buzzing about. Read more on Reuters….
Facebook bug set 14 million users’ sharing settings to public
Heather Kelly reports: For a period of four days in May, about 14 million Facebook users around the world had their default sharing setting for all new posts set to public, the company revealed Thursday. The bug, which affected those users from May 18 to May 22, occurred while Facebook was testing a new feature….
BREAKING NEWS: Eleventh Circuit vacates FTC order against LabMD
The Court of Appeals for the Eleventh Circuit has vacated the Federal Trade Commission’s order: This is an enforcement action brought by the Federal Trade Commission (“FTC” or “Commission”) against LabMD, Inc., alleging that LabMD’s data- security program was inadequate and thus constituted an “unfair act or practice” under Section 5(a) of the Federal Trade…