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Coupang CISO sued: Brett Mathes, CISO of Coupang Inc., U.S. parent company of Korean e-commerce giant Coupang, was named in a proposed class-action lawsuit over a large data breach disclosed in November. Also named were Coupang Inc. Chairman Kim Bom-suk and CFO Gaurav Anand. The suit was filed in federal court in Washington state. (Chosun Daily)
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Data broker crackdown: California officials fined two companies for failing to register as data brokers and other violations of the state's strict consumer privacy laws. Texas-based Rickenbacher Data, which does business under the name Datamasters, must pay $45,000 and stop selling Californians' information.
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Datamasters bought and resold contact information for millions of people with Alzheimer’s disease, drug addiction, bladder incontinence, and other health conditions for targeted advertising, the California Privacy Protection Agency Board said Thursday. The company also sold lists of people based on age, perceived race and assumed political opinions, the board said.
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Separately, New York-based S&P Global must pay $62,600 for failing to register due to a clerical error.
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🎧 Dow Jones Risk Journal Podcast
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On this week's episode: The U.S. military operation in Venezuela has ushered in a new era of geopolitical risk. Adam Ward and Max Fillion discuss the implications of this marked shift in foreign policy and its effects on companies and markets.
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Also, Kim S. Nash explains how cyber threats to critical infrastructure pose a significant risk in an era of increasing nation-state conflict. James Rundle hosts.
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Listen to new episodes every Friday on Apple Podcasts, Spotify and Amazon.
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A handful of international cybersecurity groups are among the 66 organizations that the U.S. withdrew from under orders from President Trump. They include the European Centre of Excellence for Countering Hybrid Threats, an influential mutual-protection group whose members help each other fight serious hacking campaigns. (CyberScoop)
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PHOTO: MICHAEL NAGLE/BLOOMBERG
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CrowdStrike said it plans to buy startup SGNL for $740 million. SGNL, founded in 2021 by entrepreneurs whose former company, Bitium, was acquired by Google, makes AI tools for securing identities. CrowdStrike has been building and acquiring technology, aiming to create an expansive cybersecurity platform. (CNBC)
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Data-security provider Cyera said it raised $400 million in a Series F round led by Blackstone funds. The raise values Cyera at $9 billion, up from $6 billion after its most recent round of $540 million in June.
The European Union plans to decide by Feb. 10 whether to approve Google's $32 billion acquisition of Israeli cyber firm Wiz. The deal was announced in March. (Reuters)
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