Global Tel*Link, a prison phone company, exposed the personal information of 650,000 users with inadequate safeguards and failed to alert them, according to the Federal Trade Commission (FTC). The firm has now agreed to revamp its security measures and will provide free credit monitoring and identity protection. Although no financial penalty has been imposed, further breaches could trigger fines of $50,120 per violation.
What We Know About The SEC’s New Cyber Disclosure Rule – tripwire.com
The SEC has implemented a new cyber disclosure rule that requires companies to report cyber incidents promptly. This rule aims to improve transparency and accountability