Top News: OpenX fined by FTC, JPMorgan attracts penalty, and more

Ad Platform OpenX fined by the FTC

Online advertising platform OpenX Technologies Inc. has been fined $2 million by the Federal Trade Commission for violating the children’s privacy law. The company allegedly collected personal information from children under 13 without parental consent and also collected geolocation information from users who specifically asked not to be tracked. Read More

JPMorgan to pay fine for allowing employees to discuss business over WhatsApp

JPMorgan Chase & Co. has been hit with a fine of $200 million by regulators for breaking federal record-keeping requirements. The company was supposed to ensure that employee communications were archived for regulatory scrutiny, but it was found that employees conducted business over WhatsApp and personal devices. Read More

Desjardins settles class-action lawsuit

Financial services firm Desjardins Group has agreed to pay a settlement of $201 million in a class-action lawsuit over a 2019 data breach. Individuals affected by the incident would be eligible to receive compensation for identity theft and loss of time related to the breach. Read More

Facebook notified users of targeted surveillance

Facebook has notified around 50,000 users that they were targeted by surveillance companies. As part of the crackdown, Facebook sent cease-and-desist letters to seven surveillance companies, removed 1,500 fake accounts and blocked malicious web addresses. Read More

Norwegian DPA fines Grindr

The Norwegian Data Protection Authority has imposed a fine on Grindr for illegally sharing users' personal data with third parties. The company will have to pay more than six million euros (10% of its global annual revenue) and is particularly high because of the personal nature of the information shared, which included location, sexual orientation and mental health details. Read More