The Federal Trade Commission is reportedly negotiating a settlement with Facebook that includes a multibillion dollar fine for its privacy failures. But the social network is alarmed about the proposed settlement agreement's terms and conditions, The Washington Post reports.
Apple's conflict with Facebook this week resulted in the most effective and quickest punishment the social network has ever received over a privacy issue. But should a multi-billion dollar tech company like Apple be picking up the slack for the digital privacy enforcement failures of governments?
The U.S. Federal Trade Commission is close to concluding its investigation into Facebook over the Cambridge Analytica scandal, the Washington Post reports, noting that the social network may face a record-setting fine, exceeding the $22.5 million fine the FTC in 2012 slammed on Google.
Facebook has removed hundreds of accounts, alleging that the account creators misrepresented their identity. The social network alleges that some of the accounts were surreptitiously created by employees of the state-owned Sputnik news agency in Moscow, which Sputnik disputes.
The Trump administration has launched a public awareness campaign, spearheaded by the National Counterintelligence and Security Center, urging the U.S. private sector to better defend itself against nation-state hackers and others who may be trying to steal their sensitive data or wage supply chain attacks.
Hundreds of members of the German parliament, Chancellor Angela Merkel as well as numerous local celebrities have had their personal details and communications stolen and leaked online as part of what authorities are calling an attack on the country's democracy and institutions.
Twitter says that an unspecified number of its users may have been targeted by state-sponsored hackers seeking to unmask their identity. Separately, Trend Micro says Twitter has blocked an account that was posting image memes designed to remotely control malware-infected PCs.
The battle against Russian disinformation is far from over. Two in-depth Senate reports have revealed that such campaigns continue despite efforts by social media companies to cleanse their platforms. Researchers say Facebook's Instagram may be the next battleground.
A batch of documents meant to be kept under court seal lays bare Facebook's strategic brokering of access to user data to reward partners and punish potential rivals. The material also demonstrates Facebook's views at the time on privacy and the risks of leaking data.
A British lawmaker has obtained sealed U.S. court documents to reveal internal Facebook discussions about data security and privacy controls, as Parliament probes Facebook and other social media firms as well as Russian interference and fake news.
The notorious Romanian hacker known as Guccifer, who revealed the existence of Hillary Clinton's private email server and admitted to hacking numerous email and social media accounts, has been extradited from Romania to begin serving his 52-month U.S. prison sentence.
With the U.S. midterm elections occurring on Tuesday, the "trump" keyword remains king for spammers. "Spam campaigners understand the value of brands, and for spam as for ballots, and whether for or against, the election is all about Trump," security firm Proofpoint says.
Brand trust and customer engagement have always been the lifeblood of financial institutions (FIs). Today, they're more critical than ever as FIs expand customer engagement to new digital channels like social media. The mission of financial services firms hasn't changed. But their risks have. FIs must now comply with...