Joe Mont reports: The Securities and Exchange Commission on Wednesday adopted rules requiring broker-dealers, mutual funds, investment advisers and other “financial institutions” and “creditors” to adopt programs for detecting and responding to cases of identity theft. The rules, adopted jointly with the Commodity Futures Trading Commission also apply to the futures commission merchants, retail foreign…
Category: Business
And Privacy Kudos Of The Week Go To… Apple??
John Paul Titlow writes: Good news: If you’re running a local crime syndicate from your iPhone, the authorities are going to have a hard time reading your texts. That’s because, as the DEA recently complained, the company’s iMessage protocol is encrypted end-to-end, which prevents law enforcement from spying on users’ messages, even with a court order….
Facebook’s New Mobile Software Raises Privacy Questions
Wendy Davis reports: Facebook’s new mobile software, Facebook Home, is already raising the hackles of privacy activists, who say the company’s poor record is cause for concern. “From a privacy perspective, Facebook is an unstable platform for a communication service,” Electronic Privacy Information Center president Marc Rotenberg says in an email to MediaPost. “The company…
Judge awards class action status in privacy lawsuit vs. comScore
Jaikumar Vijayan reports: A federal court in Chicago this week granted class action status to a lawsuit accusing comScore, one of the Internet’s largest user tracking firms, of secretly collecting and selling Social Security numbers, credit card numbers, passwords and other personal data collected from consumer systems. The court’s decision paves the way for what…