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PHOTO: MATT CARDY/GETTY IMAGES
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Drone ban: The Federal Communications Commission on Monday banned all drones and critical components made in a foreign country, and all communications and video-surveillance equipment from major Chinese drone makers SZ DJI Technology and Autel Robotics.
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That means the companies, their subsidiaries and partners won’t be able to import, market or sell new drone equipment in the U.S. (WSJ)
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Coupang sued: Shareholders are suing South Korea's e-commerce giant Coupang, claiming the Seattle-based company misled investors about its cybersecurity measures and delayed revealing a mid-November data breach affecting more than 33 million consumers. The suit, filed in federal court in San Francisco, seeks class-action status. (Reuters)
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PHOTO: DAVID PAUL MORRIS
/BLOOMBERG
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Nissan Motor disclosed that data about 21,000 Japanese customers was compromised in September when its tech supplier Red Hat had a data breach. "The servers used by Red Hat do not store any customer information other than the data that was leaked this time, so there is no risk of further data leaks," Nissan said in a notice at its website. (Bleeping Computer)
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France's national postal service said deliveries were disrupted Monday by a distributed denial-of-service attack. Financial transactions through the post's banking app were also disrupted. (Euro News)
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The Dow Jones Risk Journal Podcast is coming in January. Get an early listen now on Apple Podcasts.
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In this episode, we look at a dispute over enforcement of a U.S. law to prevent the import of goods made with forced labor in China. Also: Challenges for compliance officers in establishing best practices for using AI.
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For-profit college the University of Phoenix said nearly 3.5 million current and former students had their personal information breached in August. The data was compromised in a hack of the university's Oracle E-Business Suite software, which the university learned of in November. The university is notifying people in several states, including California, Maine, Massachusetts and Texas.
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