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SEC Adopts New Rules on Cybersecurity Reporting and Disclosure

SEC Adopts New Rules on Cybersecurity Reporting and Disclosure

by PC Editorial Staff | Sep 12, 2023 | cybersecurity, Latest News, SEC

New cybersecurity reporting and disclosure requirements that the Securities and Exchange Commission (SEC) published in August have taken effect this month. Specifically, these disclosure requirements affect public companies. The requirements will standardize and...
IRS Announces Procedures to Combat Employee Retention Credit Scams

IRS Announces Procedures to Combat Employee Retention Credit Scams

by PC Editorial Staff | Aug 1, 2023 | cybersecurity, Federal Labor Law, IRS, Latest News

As the Internal Revenue Service (IRS) recently eliminated its backlog of Employee Retention Credit claims, it announced new procedures to deal with Employee Retention Credit scams and fraudulent submissions. Moving forward, the IRS will ramp up compliance work to...
FTC Guidance Focuses on Protecting Consumer Biometric Information

FTC Guidance Focuses on Protecting Consumer Biometric Information

by PC Editorial Staff | Jul 11, 2023 | Consumer Privacy, cybersecurity, Federal Labor Law, FTC, Latest News

Recently, the Federal Trade Commission (FTC) released a policy statement addressing the use of consumer biometric information and its potential to harm consumers and violate the Federal Trade Commission Act (FTC Act). The policy statement also discussed related...
IRS Warns of Employee Retention Credit Tax Scams in its Annual List

IRS Warns of Employee Retention Credit Tax Scams in its Annual List

by PC Editorial Staff | Mar 21, 2023 | cybersecurity, Federal Labor Law, Identity Theft, IRA, IRS

On March 20th, 2023, the Internal Revenue Service (IRS) opened its annual list of tax scams with a warning about fake Employee Retention Credit (ERC) schemes. The agency’s annual list, named the “Dirty Dozen,” includes 12 common fraudulent tax schemes taxpayers may...
Agency Secures $1.25M Settlement in Reported HIPAA Violations

Agency Secures $1.25M Settlement in Reported HIPAA Violations

by PC Editorial Staff | Feb 7, 2023 | Consumer Privacy, cybersecurity, HHS, HIPAA

This month, the U.S. Department of Health and Human Services’ (HHS’s) Office for Civil Rights (OCR) announced a $1.25 million settlement after a cybersecurity breach exposed a non-profit health organization’s data that was covered by the Health Insurance Portability...
IRS Offers Five Ways to Prevent Cyberattacks During Tax Season

IRS Offers Five Ways to Prevent Cyberattacks During Tax Season

by PC Editorial Staff | Dec 6, 2022 | cybersecurity, Identity Theft, IRS

During National Tax Security Awareness Week, the Internal Revenue Service (IRS) and the agency’s Security Summit partners offered five ways businesses can protect against cyberattacks during tax season. The IRS warned businesses to be wary of identity theft, phishing...
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