The U.S. Securities and Exchange Commission (SEC) has charged App Annie, a leading mobile data and analytics firm, as well as its co-founder and former CEO and Chairman Bertrand Schmitt, with securities fraud. App Annie and Schmitt have agreed to pay over $10 million to settle the fraud charges which are related to “deceptive practices […]
SEC fines brokerage firms over email hacks that exposed client data
The U.S. Securities and Exchange Commission has fined several brokerage firms a total of $750,000 for exposing the sensitive personally identifiable information of thousands of customers and clients after hackers took over employee email accounts. A total of eight entities belonging to three companies have been sanctioned by the SEC, including Cetera (Advisor Networks, Investment […]
Founders Fund backs Royal, a music marketplace planning to sell song rights as NFTs
Founders Fund and Paradigm are leading an investment in a platform that’s aiming to wed music rights with NFTs, allowing user to buy shares of songs through the company’s marketplace, earning royalties as the music they’ve invested in gains popularity. The venture, called Royal, is led by Justin Blau, an EDM artist who performs under […]
Pearson to pay $1M fine for misleading investors about 2018 data breach
Pearson, a London-based publishing and education giant that provides software to schools and universities has agreed to pay $1 million to settle charges that it misled investors about a 2018 data breach resulting in the theft of millions of student records. The U.S. Securities and Exchange Commission announced the settlement on Monday after the agency found […]
EU hits Amazon with record-breaking $887M GDPR fine over data misuse
Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887m) GDPR fine over the way it uses customer data for targeted advertising purposes. Amazon disclosed the ruling in an SEC filing on Friday in which it slammed the decision as baseless and added that it intended to defend itself […]
True ‘shift left and extend right’ security requires empowered developers
DevOps is fundamentally about collaboration and agility. Unfortunately, when we add security and compliance to the picture, the message gets distorted.