|
|
|
Online retailer Coupang posted a loss of $26 million for the fourth quarter and missed revenue targets due mainly to fallout from a data breach it blames on a former employee. About 34 million user accounts were affected in the incident, which Coupang disclosed in November. The Seattle company does most of its business in South Korea. (Reuters)
|
|
|
|
Madison Square Garden's parent is alerting consumers of a data breach traced to an August hack of the Oracle eBusiness Suite software. Names and Social Security numbers in records related to hiring and payments were compromised, the Madison Square Garden Family of Companies said in a notice to California state regulators. The company didn't say how many people were affected.
|
|
|
|
|
PHOTO: GRAEME SLOAN
/BLOOMBERG
|
|
|
|
|
CISA shakeup: Nick Andersen has replaced Madhu Gottumukkala as acting director of the Cybersecurity and Infrastructure Security Agency amid controversial staff and funding cuts. Andersen, a Coast Guard and Navy veteran, was executive director for cybersecurity at CISA.
|
|
|
-
Gottumukkala is moving to director of strategic implementation at the Department of Homeland Security, CISA's parent. (CyberScoop)
|
|
|
Anthropic said it wouldn’t back down in a dispute with the Defense Department over AI guardrails, complicating efforts to reach a compromise ahead of a Friday deadline. Defense Secretary Pete Hegseth gave Anthropic Chief Executive Dario Amodei until 5:01 p.m. Friday to agree to the military’s right to use the technology in all lawful cases. (WSJ)
-
Hegseth has threatened to invoke the Defense Production Act to make Anthropic do what the military wants, or to designate the company a supply-chain risk, a nearly unprecedented escalation against a U.S. company.
|
|
|
|
|
|
|
The Dow Jones Risk Journal Summit in New York on March 4 will include an interview with Aanchal Gupta, chief security officer at Adobe, on how companies should respond to rising digital risks.
|
|
|
|
The Summit will also feature a discussion on the complexities of international and state-level laws covering data, AI and cybersecurity with Erika Brown Lee, head of global data privacy legal with Citi, and Vivek Mohan, co-chair of the AI practice at law firm Gibson Dunn.
See the full agenda. Request a complimentary invitation here using the code COMPLIMENTARY. Attendance is limited and subject to approval.
|
|
|
|
|
|
|
PHOTO: MICHAEL KUENNE/ZUMA PRESS
|
|
|
|
|
Samsung agreed to obtain explicit consent from consumers before collecting data about the content they watch on the company's smart TVs, Texas Attorney General Ken Paxton said Thursday. Paxton sued Samsung in December, accusing it of violating data-privacy laws. Similar suits against LG and Sony, along with Chinese companies Hisense and TCL Technology, are ongoing.
|
|
|
|
Johnson & Johnson to settle a biometric data privacy lawsuit. The company agreed to pay $4.7 million to resolve a class-action complaint over allegations that its Neutrogena unit saved facial images without permission from users of the Skin360 digital skin-analysis tool between Dec. 9, 2019, and May 5, 2023. About 11,000 people would be included in the settlement pool. (ClassAction.org)
|
|
|
Cloud-security provider Zscaler on Thursday reported a 29% jump in profits and 26% gain in revenues for its fiscal second quarter. (Investor's Business Daily)
|
|
|
Two-year recovery: The town of Apex, N.C., is on track to restore normal water and electricity billing operations for residents by July 1, after a cyberattack took down the system in July 2024. Residents owe about $10 million in back payments, "threatening the financial stability of the utilities," Apex council member Terry Mahaffey said. (CBS17)
|
|
|
|
Dow Jones Risk Journal Podcast
|
|
|
|
🎧 The Supreme Court's decision to block President Trump's global tariff regime has thrown his economic agenda into chaos. Also, the killing of a major drug cartel leader sparks violence across Mexico. James Rundle hosts.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
