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...
by PC Editorial Staff | Jun 7, 2022 | CFAA, cybersecurity, DOJ
The U.S. Department of Justice (DOJ) recently announced a new policy regarding the Computer Fraud and Abuse Act (CFAA), revising how the department charges CFAA cases. This policy directs, for the first time, that good-faith security research should not be charged....
by PC Editorial Staff | Mar 22, 2022 | Biden Administration, cybersecurity, Identity Theft
President Joseph R. Biden signed the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (Cyber Incident Reporting Act or “the Act”) as a part of the 2022 Consolidated Appropriations Act on March 15. The Act introduces new requirements for reporting...
by PC Editorial Staff | Mar 15, 2022 | cybersecurity, DOL, EBSA, Employee benefit plans, ERISA
The U.S. Department of Labor (DOL) published on March 10th, 2022, guidance urging plan fiduciaries to exercise caution regarding cryptocurrency 401(k) plan options. As plan fiduciaries select investment options for 401(k) plan investment menus, the DOL’s efforts seek...
by PC Editorial Staff | Feb 22, 2022 | Consumer Privacy, cybersecurity, DOJ, Identity Theft
The U.S. Department of Justice (DOJ) recently announced a plan to combat ongoing cyber threats amid increasing global tension. Specifically, the DOJ cited an “explosion of ransomware and abuse of cryptocurrency.” All in all, they advise companies to renew their own...
by PC Editorial Staff | Feb 15, 2022 | Consumer Privacy, cybersecurity, SEC
Recently, JPMorgan was ordered to pay a record $200 million in fines to U.S. regulators after they failed to track their employees’ use of messaging apps for work. Subsequently, the incidents involving the messaging apps resulted in a loss of communications....