Editor's Blog
The Top Five Boardroom Issues Compliance Officers Should Be Discussing
GUEST BLOG POST Lately, I've been reflecting on my experience presenting compliance updates to boards, both during my industry days...
Research Digest
Health Care Patient Data Breaches Doubled in 2023, Reaching 87M
Health care companies are increasingly falling victim to sophisticated hacking efforts—including ransomware attacks—insider threats, and basic security flaws despite the...
Insight 360°
EU Passes World’s First Comprehensive AI Law
The European Parliament approved the Artificial Intelligence Act (AIA), a regulation aimed at ensuring safety and compliance with fundamental rights,...
Featured news
Justice Dept. Sues Visa over Accusations of Monopolizing Debt Markets
The Justice Department filed a civil antitrust lawsuit against Visa accusing the payments processor of monopolization and other unlawful conduct in debit network markets in violation of anti-trust laws. Filed in the U.S. District Court for the Southern District of New York, the complaint alleges that Visa illegally maintains a
CC360 Staff
September 24, 2024
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The Battle over the Ban of Noncompetes Continues as FTC Receives Unfavorable Ruling
In April 2023, the Federal Trade Commission announced that that it would be banning noncompete agreements in order to promote competition. Although this historic announcement was meant to change the entire landscape of the employment industry within the U.S., the FTC’s push to ban these agreements raised much skepticism from
Equiniti Trust Penalized by SEC for Failing to Protect Client Assets from Cyber Theft
The Securities and Exchange Commission announced that it settled charges against New York-based registered transfer agent Equiniti Trust Company LLC, , for failing to assure that client securities and funds were protected against theft or misuse. Those failures led to the loss of more than $6.6 million of client funds
Humana Settles $90 Million False Claims Act Lawsuit Over Medicare Drug Plan
After an 8-yearlong battle, the insurance giant Humana agreed to pay $90 million to settle claims that it violated the False Claims Act when it submitted fraudulent bids for Medicare prescription drugs contracts. The allegations claim that by misrepresenting the value of its Part D drug plan, also known as