FDIC Updating Cyber Security Policies After Data Breach

The U.S. Federal Deposit Insurance Corporation is updating cyber security policies after a 2015 data breach in which a former employee kept copies of sensitive information on how banks would handle bankruptcy, the regulator's chief said. FDIC Chairman Martin Gruenberg also said he made personnel changes after receiving a report in 2013 informing him that he had not been fully briefed about the major compromise of the regulator's computers by a foreign government in 2010 and 2011.

EU Announces New Antitrust Charges Against Google

Margrethe Vestager, European Union's competition chief, announced a new round of antitrust charges against Google — the third set since early 2015 — claiming that some of the company’s advertising products had restricted consumer choice. The efforts are part of her continuing push to rein in Google’s activities in the EU, where the Silicon Valley company has captured roughly 90 percent of the region’s online search market.

Demand for Cyber Insurance Growing in Europe

The growing threat of hacking and a duty to protect data more stringently will accelerate demand for cyber insurance in Europe, insurer Allianz said, as it launched its first product aimed at Germany's small-to-medium-sized manufacturers. Cyber insurance has been slow to take off in Europe with fewer than one in 10 firms having taken out a policy, said Christopher Lohmann, head of the region Central and Eastern Europe at Allianz Global Corporate & Speciality.

Chinese Spies Hacked Computers at FDIC, Report Says

China's spies hacked into computers at the Federal Deposit Insurance Corporation from 2010 until 2013 -- and American government officials tried to cover it up, according to a Congressional report. According to congressional investigators, the Chinese government hacked into 12 computers and 10 backroom servers at the FDIC, including the incredibly sensitive personal computers of the agency's top officials: the FDIC chairman, his chief of staff, and the general counsel.

Senator Questions Nintendo About Privacy of 'Pokemon GO'

A Democratic U.S. senator asked the software developer behind Nintendo Co Ltd's Pokemon GO to clarify the mobile game's data privacy protections, amid concerns the augmented reality hit was unnecessarily collecting vast swaths of sensitive user data. Senator Al Franken of Minnesota sent a letter to Niantic Chief Executive John Hanke asking what user data Pokemon GO collects, how the data is used and with what third party service providers that data may be shared.

Google Gets More Time to Respond to EU Antitrust Charges

Alphabet Inc's Google has been given an extra 6 weeks to early September to respond to EU charges that it uses its dominant Android mobile operating system to squeeze out rivals, EU antitrust regulators said. The U.S. technology giant found itself under fire in April as the European Commission said its requirement that mobile phone manufacturers pre-install Google Search and the Google Chrome browser in order to get access to other Google apps may harm consumers and competition.

FTC Faults Warner Bros. for Not Disclosing YouTube 'Influencers'

The Federal Trade Commission said Time Warner Inc.’s Warner Bros. Home Entertainment didn’t require users of YouTube, including the very popular channel PewDiePie, to properly highlight they were paid to promote a Warner Bros. videogame. The FTC said Warner Bros. paid an advertising agency to create a so-called “YouTube influencer campaign” for its 2014 game “Middle Earth: Shadow of Mordor.”

Amid Shootings, Facebook Faces Concerns About Live Videos

Facebook is confronting complexities with live videos that it may not have anticipated just a few months ago, when the streaming service was dominated by lighter fare such as a Buzzfeed video of an exploding watermelon. Now Facebook must navigate when, if at all, to draw the line if a live video is too graphic, and weigh whether pulling such content is in the company’s best interests if the video is newsworthy.

Twitter Tells 'PostGhost' Site to Take Down Archived Tweets

PostGhost was a nascent website that archived the tweets of the famous, rich, and important. Twitter emailed the group threatening to shut down their API access for the crime of displaying deleted Tweets. This crime, which could be traced to European data deletion laws and/or a desire to improve the general popularity of the evanescent Tweet, is banned by Twitter’s terms of service.

Hackers Get Into Twitter Account for Twitter's CEO

Twitter CEO Jack Dorsey's own Twitter account broken into. with an attacker (or group) going by the name of "OurMine" posted a tweet that they were "testing your security," followed by a Vine video clip that has since been deleted. In fact, all of the not-Dorsey messages posted to Dorsey's account came from Vine, so it's possible that Vine itself was the attack vector that someone used to gain access to Dorsey's primary Twitter stream.

Experts Suspect Hackers Probably Attacked Clinton's Email

When the FBI director, James B. Comey, said that his investigators had no “direct evidence” that Hillary Clinton’s email account had been “successfully hacked,” both private experts and federal investigators immediately understood his meaning: It very likely had been breached, but the intruders were far too skilled to leave evidence of their work.

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The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.