The original attempt by Microsoft to acquire Activision was blocked by the CMA in April due to concerns about monopolizing the cloud gaming market. Activision claimed that this decision portrayed Britain as “closed for business.” Despite this, Microsoft appealed the ruling and the new proposal involving Ubisoft is now under investigation by regulators. Under this …
In a cyberattack incident, the claims agent responsible for bankruptcy cases involving Genesis Global Holdco, FTX, and BlockFi, revealed that it had fallen victim to a data breach. As a result, the personal data of hundreds of claimants may have been compromised. Kroll, a business-services company, reported that hackers conducted a SIM-swapping attack on T-Mobile …
In the effort to combat climate change, the Biden administration is urging carmakers to transition to electric vehicles. However, the National Institute of Standards and Technology (NIST), the main U.S. agency for technology and competition, is emphasizing the need for cybersecurity guidelines in the EV industry to protect against both domestic and international hacking. The …
New regulations have been implemented to govern the reporting of cyberattacks by publicly traded companies to financial regulators. These rules focus on the concept of materiality, though there is disagreement among executives about the simplicity of this concept. The U.S. Securities and Exchange Commission (SEC) recently adopted final rules that require listed companies to report …
Hospital operators are taking a firm stance on the cybersecurity measures implemented by their vendors and suppliers. This comes in response to a series of third-party cyber incidents that have led to data breaches and legal action in the healthcare industry. The Health 3rd Party Trust Initiative, which consists of major healthcare providers, has released …
Norwegian security officials have issued a warning to approximately 20 critical infrastructure companies, businesses, and public agencies in the country, alerting them that they may be at risk of a cyberattack similar to the one that targeted 12 government ministries earlier this week. The vulnerability in Ivanti’s management software, which has recently been discovered and …
Obtaining a refund can be an arduous task once someone has engaged the services of an unregulated legal firm. In cases where a regulated solicitor delivers subpar service, their client can lodge a complaint with the Legal Ombudsman, who can order the solicitor to compensate the client. However, customers of unregulated firms do not have …
In the midst of a series of losses against tech companies, the Federal Trade Commission (FTC) has set its sights on OpenAI, placing the organization under investigation regarding potential violations of consumer protection laws. The FTC is specifically examining OpenAI’s popular app, ChatGPT, to determine if it has engaged in unfair privacy practices and spread …
Haribo has issued a warning that interference by ministers is affecting the UK’s consumption of sweets and chocolates, as supermarkets are required to conceal them. In its financial documents, the company revealed a record sales figure of £218m last year, an increase of £32m from 2021. However, the managing director, Jon Hughes, cautioned that shoppers …
As the push for electric vehicles (EVs) intensifies in Europe and the U.S., researchers are raising concerns about the neglect of cybersecurity in this industry. They warn that hackers could potentially cause blackouts and damage entire electric grids by infiltrating charging stations and networks. Harm van den Brink, a cybersecurity specialist at ElaadNL, a Dutch …