The U.S. Deputy Attorney of the Justice Department, Lisa Monaco, unveiled two new enforcement initiatives aimed at targeting cryptocurrencies and government contractors who fail to report cyber breaches, Reuters reported. The U.S. Department of Justice website calls it the Civil Cyber-Fraud Initiative. The initiative will combine the Justice Department’s expertise in civil fraud enforcement, government procurement and cybersecurity to combat
The People’s Bank of China has declared all digital currency activities illegal, and has vowed to crack down on the market, CNBC reported. According to CNBC, the People’s Bank of China said services offering trading, order matching, token issuance, and derivatives for virtual currencies are strictly prohibited. Overseas crypto exchanges providing services in mainland China are also illegal. It appears
Today, 9To5Mac reported a significant update to the legal battle between Apple and Epic Games - “Project Liberty”. According to Apple, Epic Games hired PR firms in 2019 to work on a media strategy called “Project Liberty” aimed at portraying Apple “as the bad guy.” In October 2020, Judge Yvonne Rogers had concerns that Epic knew exactly what they were
The U.S. Department of Justice (DOJ) posted an immediate release in which they stated that a federal grand jury returned an indictment against the CEO of Sky Global and an associate. They are facing federal Racketeer Influenced Corrupt Organizations Act (RICO) charges. Part of the immediate release states: …According to the indictment, Sky Global’s devices are specifically designed to prevent
France is pushing for changes to the EU's legislation that would force big tech companies to pay for the news, Financial Times reported. It appears France wants changes that would allow member states to wield more power to punish bad behavior and police more types of content. French officials want to see changes to the EU's Digital Service Act, which
Financial Times reported that the EU has created legislation that would force big tech companies to pay for news. This comes after a similar Code of Conduct was proposed in Australia that would require companies like Google and Facebook to share revenue with the Australian news organizations. The EU is working on two landmark draft European digital regulations: The Digital
The Office of the Privacy Commissioner of Canada released a report of findings regarding Clearview AI. They sought to determine whether Clearview AI Inc.'s collection, use and disclosure of personal information by means of facial recognition tool complied with federal and provincial privacy laws applicable to the private sector. Here are some of their conclusions: They found that Clearview engaged