The Federal Trade Commission is taking action against Illuminate Education after investigators found the popular school software provider failed to secure sensitive student records, a lapse that led to a major hack affecting more than 10 million children across the United States.
The UK telecoms watchdog has fined Virgin Media £23.8 million after vulnerable customers relying on telecare alarms were left disconnected during the company’s switch to digital landlines, a move Ofcom says put people directly at risk.
Apple has officially landed two more of its services on the EU’s regulatory radar. On Thursday, the European Commission confirmed that the tech giant notified Brussels that both Apple Ads and Apple Maps meet the size and scale thresholds set under the Digital Markets Act (DMA), Europe’s sweeping effort to rein in the dominance of major digital players.
The UK is stepping deeper into the sustainable finance arena. The Financial Conduct Authority (FCA) has put forward plans to regulate ESG ratings (the scores that influence trillions in investment decisions) in an effort to make them far more transparent, reliable and comparable than they are today.
Finding the right governance, risk, and compliance technology has long been a frustrating maze of scattered information, inconsistent categories, and star ratings that often raise more questions than answers. Now, the team behind GRC Report believes it has built the solution the market has been waiting for.
Europe’s top administrative watchdog has issued a reminder to the European Commission that urgency is no justification for abandoning its own standards. In a recent decision, European Ombudswoman Teresa Anjinho concluded that the Commission strayed from its Better Regulation framework while rushing forward proposals on sustainability due diligence, migrant smuggling, and agricultural policy. Those rules exist to safeguard transparency, evidence, and public participation in EU lawmaking, even when timelines tighten.
A data center glitch at the heart of the world’s futures markets offered a big reminder Friday that even the most sophisticated financial systems can hinge on something as ordinary as indoor temperature.