The New Y orkDepartment of Financial Services fined a crypto company $1.2 million for not conducting proper information security risk assessments and for using templated policies, without customizing them to fit the company.
The IRS has already noted 14 federal disasters in 2023—including tornadoes, mudslides, winter storms, severe rains, and flooding. These events have tax consequences for individuals and businesses.
Sometimes, it seems the IRS always prevails over the little guy. But this CIC Services case establishes a new direction for successful lawsuits against the agency.
Today's organizations posssess massive volumes of unstructured data. Shining a light on it is the only way to transform that data into opportunity, rather than risk.
"While it may be counterintuitive, given Republican aversion to federal regulation in general, many perceive the need for a national privacy law that will pre-empt state laws as a generally business-friendly proposal that many Republicans embrace."