fined
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The New York State Department of Financial Services (NYDFS) has imposed a $2 million penalty on PayPal, Inc. for breaches of the state’s stringent cybersecurity regulations. The fine marks a significant move in ensuring accountability for financial institutions handling sensitive customer data. An investigation led by NYDFS revealed that PayPal failed to engage qualified personnel…
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In a significant legal development, HDR Global Trading Ltd., operating under the name BitMEX, has been fined $100 million for violating the Bank Secrecy Act. Attorney for the United States, Matthew Podolsky, announced the sentencing on January 17, 2025, highlighting the company’s willful failure to implement an adequate anti-money laundering (AML) and know-your-customer (KYC) program.…
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Hollywood, Fla.-based Memorial Healthcare System will pay $60,000 to resolve allegations of violating the HIPAA Privacy Rule by failing to provide a patient with timely access to their medical records.
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Italy’s data protection watchdog fined OpenAI €15 million over ChatGPT’s data management violations
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Italy’s data protection watchdog fined OpenAI €15 million over ChatGPT’s data management violations
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Italy’s data protection watchdog fined OpenAI €15 million for ChatGPT’s improper collection of personal data. Italy’s privacy watchdog, Garante Privacy, fined OpenAI €15M after investigating ChatGPT’s personal data collection practices. The Italian Garante Priacy also obliges OpenAI to conduct a six-month informational campaign over ChatGPT’s data management violations. The decision stems from a March 2023…
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The U.S. Department of Health and Human Services’ Office for Civil Rights has levied a $548,265 fine against Aurora-based Children’s Hospital Colorado for violating HIPAA Privacy and Security Rules.
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Two auto insurance companies will pay a hefty penalty for what the State of New York says was inadequate security that allowed hackers to compromise personal data of more than 12,000 state residents.
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Irish Data Protection Commission fined LinkedIn €310M for GDPR infringement
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Irish Data Protection Commission Cites Social Platform for GDPR Violations Akshaya Asokan (asokan_akshaya) • October 24, 2024
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Penn State University has been fined $1.25 million for failing to comply with cybersecurity requirements laid out in its contracts with federal agencies.
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SEC fined 4 companies for misleading disclosures about the impact of the SolarWinds attack
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In the release, Sanjay Wadhwa, acting director of the SEC’s division of enforcement, stated, “as today’s enforcement actions reflect, while public companies may become targets of cyberattacks, it is incumbent upon them to not further victimize their shareholders or other members of the investing public by providing misleading disclosures about the cybersecurity incidents they have…
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Four cybersecurity companies have been fined millions of dollars for lackluster disclosures following the Russian cyberattack on software company SolarWinds in 2020.
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The outfit that runs Britain’s Sellafield nuclear waste processing and decommissioning site has been fined £332,500 ($440,000) by the nation’s Office for Nuclear Regulation (ONR) for its shoddy cybersecurity practices between 2019 and 2023.
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Nuclear waste processing facility Sellafield has been fined £332,500 ($440k) by the Office for Nuclear Regulation (ONR) for failing to adhere to cybersecurity standards and putting sensitive nuclear information at risk over four years, from 2019 to 2023.
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The company managing the Sellafield nuclear site in the United Kingdom has been fined £332,500 ($435,400) in a landmark prosecution after pleading guilty to three criminal charges over cybersecurity failings.