The vast majority of FTSE 350 and Fortune 500 believe they are well on track when it comes to complying with GDPR regulations – underestimating the enormous task facing them. A survey of 100 FTSE 350 General Counsel and Chief Security Officers, and 100 Fortune 500 GCs and CSOs by law firm Paul Hastings found […]
Read MoreFacebook ads that let employers target younger workers focus of U.S. lawsuit
Several U.S. employers engaged in age discrimination by placing recruitment ads on Facebook targeting younger workers, according to a lawsuit filed on Wednesday by a communications industry labor union. Companies including T-Mobile US Inc (TMUS.O), Amazon.com Inc (AMZN.O) and Cox Communications Inc imposed age limits on who could see recruitment ads, limiting some only to […]
Read MoreU.S. blames North Korea for ‘WannaCry’ cyber attack
The Trump administration has publicly blamed North Korea for unleashing the so-called WannaCry cyber attack that crippled hospitals, banks and other companies across the globe earlier this year. “The attack was widespread and cost billions, and North Korea is directly responsible,” Tom Bossert, homeland security adviser to President Donald Trump, wrote in a piece published […]
Read MoreFalse paradise? EU is no haven of Net neutrality, say critics
America’s decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails — but critics say the EU is not a level playing field. Consumer rights groups complain that EU regulations are being interpreted in ways that allow telecom firms and […]
Read MoreEU to intervene in Microsoft’s U.S. Supreme Court data protection case
The European Union is to make a submission to the U.S. Supreme Court in its hearing of the U.S. Department of Justice’s appeal against a ruling which prevented prosecutors from gaining access to emails held by Microsoft in Ireland. The case has attracted significant attention from technology and media companies due to concerns that an […]
Read MoreOFAC issues a Violation Finding to US company for breaching Iran sanctions
OFAC has issued a Finding of Violation to Dominica Maritime Registry Inc. (DMRI), headquartered in Massachusetts, for a violation of the Iranian Transactions and Sanctions Regulations. In particular, OFAC determined that on 4 July 2015, DMRI had violated the Regulations by having “[dealt] in the property or interests in property of the National Iranian Tanker Company (NITC), an entity […]
Read MoreEU regulators threaten court challenge to EU-U.S. data transfer pact
European Union privacy regulators have threatened to bring a legal challenge to a year-old EU-U.S. pact on the cross-border transfer of personal data if their concerns about its functioning and U.S. surveillance practices are not resolved by the autumn of 2018, they said in a report. The EU-U.S. Privacy Shield pact was agreed last year […]
Read MoreCorporate Compliance Programs – UK/US and Best Practice Guidance
In today’s regulatory environment, companies face mounting pressure from law enforcement agencies to maintain robust compliance programs to deter and detect misconduct by employees, third-party vendors and business partners. In the United States, prosecutors have long considered the effectiveness of an entity’s compliance policy to be an important factor informing charging decisions and the negotiation […]
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