#TransparencyMatters

Tech firms to pay millions in SEC penalties for misleading SolarWinds disclosures

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October 22, 2024 at 12:35PM Four tech companies, including Avaya, Check Point, Mimecast, and Unisys, agreed to pay penalties totaling $7 million to the SEC for misleading disclosures about their involvement in the 2020 SolarWinds hack. The companies were accused of downplaying cybersecurity incidents despite having knowledge of significant breaches affecting their networks. ### Meeting … Read more

FTC exposes massive surveillance of kids, teens by social media giants

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September 19, 2024 at 01:22PM The FTC staff report reveals widespread user surveillance by social media and video streaming companies, with insufficient privacy protections for children and teens. The findings, based on a 2019-2020 investigation, raise concerns about data retention, sharing practices, and targeted advertising. The report urges Congress to pass comprehensive federal privacy legislation … Read more