Thursday, February 6

Tag: information management

Twilio Plans to Cut Workforce by 5%
4Dec By adminNo Comments
Technology

Twilio Plans to Cut Workforce by 5%

Twilio said Monday that it plans to shed hundreds of jobs as it seeks to streamline its operations and accelerate its path to profitable growth.The communications and customer data company said it plans to eliminate about 5% of its 5,900 employees, which will come at a cost of about $25 million to $35 million in various charges.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
SEC Sues SolarWinds Over 2020 Hack Attributed to Russians
5Nov By adminNo Comments
Technology

SEC Sues SolarWinds Over 2020 Hack Attributed to Russians

Updated Oct. 30, 2023 5:41 pm ETThe Securities and Exchange Commission on Monday sued SolarWinds, the software company victimized by Russian-linked hackers over three years ago, alleging the firm defrauded shareholders by repeatedly misleading them about its cyber vulnerabilities and the ability of attackers to penetrate its systems.The SEC’s lawsuit is a milestone in its evolving attempt to regulate how public companies deal with cybersecurity. A hack that steals business secrets or customer data often pummels the victim company’s stock price, showing why firms with public shareholders have to accurately disclose such threats, the SEC says. The regulator recently imposed stricter cybersecurity reporting rules for public companies. Copyright ©2023 Dow Jones & Company, Inc. All Rights ...
Read More
X, formerly known as Twitter, may collect your biometric data and job history
1Sep By adminNo Comments
Technology

X, formerly known as Twitter, may collect your biometric data and job history

CNN  —  X, the social media platform formerly known as Twitter, said this week it may collect biometric and employment information from its users — expanding the range of personal information that account-holders may be exposing to the site. The disclosures came in an update to the company’s privacy policy, which added two sections related to the new data collection practice. “Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the policy read. In addition, under a new section labeled “job applications,” X said it may collect users’ employment and educational history. The company also said it could col...
Read More
US watchdog teases crackdown on data brokers that sell Americans’ personal information
15Aug By adminNo Comments
Technology

US watchdog teases crackdown on data brokers that sell Americans’ personal information

Washington CNN  —  The US government plans to rein in the vast data broker industry with new, privacy-focused regulations that aim to safeguard millions of Americans’ personal information from data breaches, violent criminals and even artificial intelligence chatbots. The coming proposal by the Consumer Financial Protection Bureau would extend existing regulations that govern credit reports, arrest records and other data to what the agency describes as the “surveillance industry,” or the sprawling economy of businesses that traffic in increasingly digitized personal information. The potential rules, which are not yet public or final, could bar data brokers from selling certain types of consumer inf...
Read More