GRC Report Staff

DOJ's New Whistleblower Program Faces Scrutiny from Legal Experts

The U.S. Department of Justice's recently launched whistleblower reward program is drawing both praise and criticism from legal experts in the field. While many welcome the initiative, concerns have emerged about key aspects of the three-year pilot program.

Federal Judge Rules Google Violated Antitrust Laws in Landmark Decision

In a landmark decision, U.S. District Judge Amit Mehta has ruled that Google violated U.S. antitrust law by maintaining a monopoly in the search and advertising markets. This ruling marks a significant victory for the Department of Justice (DOJ) in its ongoing efforts to curb the power of major technology companies.

TikTok to Permanently Withdraw TikTok Lite Rewards Program in EU Following Digital Services Act Compliance Order

The European Commission has accepted TikTok's commitment to permanently withdraw its TikTok Lite Rewards program from the European Union. This move comes as part of TikTok's efforts to comply with the stringent requirements of the Digital Services Act (DSA), following concerns raised by the Commission earlier this year.

68% of U.S. Corporate Leaders Admit to Greenwashing, New Report Reveals

A recent report by Environmental Resources Management (ERM) has brought to light the prevalence of greenwashing within corporate America. According to the study, a staggering 68% of corporate leaders in the United States admit to engaging in greenwashing practices, raising significant concerns over the credibility of environmental, social, and governance (ESG) claims made by businesses.

ASIC Secures Landmark $7.4 Million Penalty Against Mercer in First Greenwashing Case

In a victory for the Australian Securities and Investments Commission (ASIC), the Federal Court has imposed a $11.3 million ($7.4 million USD) penalty on Mercer Superannuation (Australia) Limited for misleading statements regarding the sustainability of its superannuation investment options. This ruling marks a pivotal moment as it is the first greenwashing case brought before the court by ASIC, setting a precedent for the financial services industry in Australia.

FTC Sues TikTok for COPPA Violations

The Federal Trade Commission (FTC) has initiated a lawsuit against TikTok, its parent company ByteDance, and affiliated companies for alleged violations of the Children's Online Privacy Protection Act (COPPA). The Department of Justice filed the suit on behalf of the FTC on August 2, 2024, in the U.S. District Court for the Central District of California.

Major Data Breach at HealthEquity Affects 4.3 Million Individuals: Key Lessons for Risk, Resilience, & IT Security Professionals

HealthEquity, a prominent health benefits administrator, has reported a significant data breach that may have compromised the personal information of approximately 4.3 million individuals. The company disclosed this incident in a recent notification filed with the Maine Attorney General's office.