fine

Facebook Says It’s Open To New Regulation
Facebook Says It’s Open To New Regulation
February 18, 2019  |  Facebook

Facebook, which has been under fire for months over data scandals, expressed openness to new regulation. According to a report in Reuters citing Facebook’s public policy manager...

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Facebook-FTC Row Could Produce Record Fine
Facebook-FTC Row Could Produce Record Fine
February 15, 2019  |  Facebook

Facebook is set to face a record-setting fine imposed by the Federal Trade Commission (FTC). Sources have told The Wall Street Journal that the parties are currently...

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Mastercard Fined $648M Over X-Border EU Interchange Fees
Mastercard Fined $648M Over X-Border EU Interchange Fees
January 22, 2019  |  Regulation

Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially....

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Google Hit With $57M GDPR Fine
Google Hit With $57M GDPR Fine
January 21, 2019  |  Regulation

Alphabet Inc.’s Google was hit with a $57 million fine Monday (Jan. 21) by a French regulator, in what the Wall Street Journal reported is...

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US Regulators Eye ‘Record’ Facebook Fine
US Regulators Eye ‘Record’ Facebook Fine
January 18, 2019  |  Regulation

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook, a punishment that could be sizable in scope...

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Owner Of Cambridge Analytica Slapped With $19,000 Fine
Owner Of Cambridge Analytica Slapped With $19,000 Fine
January 09, 2019  |  Security & Fraud

SCL Elections, the parent company of Cambridge Analytica, has been fined about $19,000 for not answering an American citizen’s request for data the company held...

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Neiman Marcus Agrees To Pay $1.5M To Settle Payment Card Breach
Neiman Marcus Agrees To Pay $1.5M To Settle Payment Card Breach
January 09, 2019  |  Security & Fraud

The Maryland Attorney General Brian Frosh announced Tuesday (Jan. 8) that his office, as well as 42 other state attorney generals, have settled with Neiman Marcus...

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UBS Fined $14.5M For Violating Bank Secrecy Act
UBS Fined $14.5M For Violating Bank Secrecy Act
December 17, 2018  |  Regulation

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services...

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Facebook Data Breach Fines Could Top $1B
Facebook Data Breach Fines Could Top $1B
December 16, 2018  |  Facebook

Facebook, the beleaguered social media giant that is facing intense scrutiny into its business practices, could be on the hook for a multibillion dollar fine,...

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