Elon Musk, the CEO of X and various other companies with the letter “X” in their names, is in regulators’ crosshairs after skipping testimony this month in an investigation related to Musk’s takeover of Twitter. In a filing today, the U.S. Securities and Exchange Commission (SEC) said that it intended to seek sanctions against Musk […]
Manchester City Fight To Avoid Severe Sanctions As 'Trial Of The Century' Begins
Manchester City will fight to avoid potential expulsion from the Premier League for financial breaches as sport’s “trial of the century” begins on Monday. Premier League champions City have been charged with 115 alleged breaches of the competition’s financial regulations. City deny any wrongdoing and have said they have a “comprehensive body of irrefutable evidence” […]
Elon Musk’s X could still face sanctions for training Grok on Europeans’ data
Earlier this week, the EU’s lead privacy regulator ended its court proceeding related to how X processed user data to train its Grok AI chatbot, but the saga isn’t over yet for the Elon Musk-owned social media platform formerly known as Twitter. The Irish Data Protection Commission (DPC) has confirmed to TechCrunch that it’s received […]
US government sanctions Kaspersky executives
The U.S. government announced sanctions against 12 executives and senior leaders of the Russia-based cybersecurity giant Kaspersky. In a press release, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) said it designated the 12 company executives to protect internet users against malicious cyber threats. “Today’s action against the leadership of Kaspersky Lab […]
Hackers are threatening to publish a huge stolen sanctions and financial crimes watchlist
A financially motivated hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and financial crime. The hackers, which call themselves GhostR, said they stole 5.3 million records from the World-Check screening database in March and are threatening to publish the […]