The Equifax settlement has a provision through which victims can claim a cash payment for "time spent."If you spent hours researching what to do about the breach, setting up credit freezes, hopping on the phone with your bank, or doing anything else remotely relevant, you can claim up to $250 for that time without needing to show any specific evidence.
But Rotenberg notes that without a comprehensive data breach response plan within the federal government, a settlement like Equifax's may not have been much more effective even with an FTC fine.
They've negotiated a settlement with Equifax that entitles all victims to 10 years of free credit monitoring, or $125. This (unfortunately) could actually come in handy, given that Social Security numbers taken from Equifax are starting to show up on the dark web, and consumers have already suffered identity theft related to the breach, according to Pennsylvania attorney general Josh Shapiro.
“Millions of Americans entrusted personal information to Facebook with the understanding that Facebook would respect the laws governing consumer privacy, but Facebook’s many privacy missteps made clear that it lacked a culture of compliance in this area,” FTC commissioner Christine Wilson said at a press conference announcing the settlement Wednesday.
Pinterest Wants You to Relax, Equifax’s $700M Fine, and More News. Pinterest wants to calm you down, Equifax gets hit with a record fine, and facial recognition is still struggling with darker faces.
The state and federal groups that investigated Equifax touted the payout as an important wake-up call for all US corporations—especially since Equifax will also be required to make hundreds of millions of dollars of additional internal cybersecurity improvements on top of the fines.
The FTC opened its investigation into Facebook’s data practices last March, one week after news broke that Cambridge Analytica , a political consulting firm that worked with the Trump campaign in 2016, had improperly obtained information on tens of millions of Facebook users.
The plans didn’t have to detail precisely how states would spend the money; most outline funds and grants that government agencies can use to offset the costs of new vehicles.
In the new settlement, Musk and the SEC set stricter and more specific terms for Musk’s official Twitter babysitter, who Musk agreed would be “an experienced securities lawyer employed by the Company.” The latest settlement does not include any financial penalty.
Apple retaliated by withholding payments for the patent licensing fees its manufacturing partners were supposed to pay to Qualcomm, and by expanding its lawsuit to include the double-dipping allegations.
As Motherboard points out, WIRED included Dread Pirate Roberts 2 on a list of Dark Web drug lords who got away in 2015, but it turns out that he was arrested in November 2014; the case just didn't attract notice because UK media law prevented reporting on it before its conclusion.
Facebook Changes Its Ad Tech to Stop Discrimination Andrew Harrer/Bloomberg/Getty Images On Tuesday, Facebook reached a historic settlement with civil rights groups that had accused the company of allowing advertisers to unlawfully discriminate against minorities, women, and older people by using the platform’s ad-targeting technology to exclude them from seeing ads for housing, jobs, and credit—three areas with legal protections for groups that have historically been disenfranchised.
In court filings submitted last week, Musk’s legal team argued that the information the CEO tweeted in February wasn’t at all new—which means it didn’t fall under the purview of the settlement.
That’s the thrust of a SEC action taken late Monday, when the US securities watchdog requested a federal judge hold Tesla CEO Elon Musk in contempt of court for a short series of tweets he posted last week.
Lee also claimed gender discrimination, hostile work environment, retaliation, interference, and wrongful termination.Even under Google’s new policy, announced a week after 20,000 Google employees walked out of work to protest the company’s handling of harassment cases, Lee would have been required to go to arbitration, rather than pursue a lawsuit, where claims can be resolved in public, often before a jury.