Synthetic Identity Theft is Fastest Growing Financial Crime in United States

Written By ESR News Blog Editor Thomas Ahearn “Synthetic identity theft” – where fraudsters create new identities by combining real and fabricated personal data – is the fastest growing type of financial crime in the United States that is difficult to detect and often unreported, according to a white paper from the U.S. Federal Reserve. …

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Survey Reveals Nine Out of Ten IT and Security Professionals Feel Vulnerable to Insider Threats

  Written By ESR News Blog Editor Thomas Ahearn A report entitled “State of Insider Threats in the Digital Workplace 2019” released by SaaS (Software as a Service) Operations Management platform BetterCloud has revealed that 91 percent of IT (Information Technology) and security professionals surveyed feel vulnerable to insider threats.

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FTC Releases Privacy and Data Security Update for 2018

Written By ESR News Blog Editor Thomas Ahearn On March 15, 2019, the Federal Trade Commission (FTC) – the nation’s primary privacy and data security enforcer – released its Privacy and Data Security Update for 2018, an annual report that highlights the FTC’s privacy and data security work over the past year, according to a …

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Background Check Expert Tells SHRM that Screening Firms Need to Ensure Information Security

Written By ESR News Blog Editor Thomas Ahearn Employers and screening firms conducting background checks will feel “pressure” to ensure information security and will be “interested in how artificial intelligence (AI) technology will improve the screening experience in 2019,” according to an article from the Society for Human Resource Management (SHRM).

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Google Fined Nearly $57 Million for Alleged Violations of EU GDPR

Written By ESR News Blog Editor Thomas Ahearn On January 21, 2019, France’s National Data Protection Commission (Commission Nationale de l’Informatique et des Libertés or CNIL) imposed a financial penalty of €50 million euros – nearly $57 million U.S. dollars – against Google LLC for an alleged lack of transparency, inadequate information, and lack of valid consent regarding …

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FTC Reaches Settlements with Four Companies Over False Claims of Participation in EU-U.S. Privacy Shield

Written By ESR News Blog Editor Thomas Ahearn On September 27, 2018, the Federal Trade Commission (FTC) announced that four companies agreed to settle allegations that they falsely claimed certification under the EU-U.S. Privacy Shield Framework and that two of these companies failed to abide by a key framework provision, according to an FTC press …

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Employment Screening Resources (ESR) Completes Annual Privacy Shield Re-Certification for 2018

Written By Employment Screening Resources® (ESR) Employment Screening Resources® (ESR) – a leading global background check firm – has received notification from the U.S. Department of Commerce’s International Trade Administration (ITA) that ESR’s annual submission for its self-certification of adherence to the Privacy Shield Framework has been finalized and is effective as of September 26, 2018.

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Uber Agrees to Pay $148 Million Settlement to Resolve Allegations from 2016 Data Breach Cover Up

Written By ESR News Blog Editor Thomas Ahearn On September 26, 2018, California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced that Uber Technologies, Inc. agreed to a $148 million nationwide settlement to resolve allegations that the transportation network company (TNC) violated state data breach reporting and reasonable data security laws …

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MEPs Say EU-U.S. Privacy Shield Could Face Suspension if U.S. Does Not Fully Comply by September 1

Written By ESR News Blog Editor Thomas Ahearn On July 5, 2018, Members of European Parliament (MEPs), elected politicians of the European Union (EU), voted to adopt a resolution on the adequacy of the protection afforded by the EU-U.S. Privacy Shield that called for the suspension of the framework for transatlantic exchanges of personal data between …

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FTC Announces Company Settling Charges of Falsely Claiming Participation in EU-U.S. Privacy Shield Framework

Written By ESR News Blog Editor Thomas Ahearn On July 2, 2018, the Federal Trade Commission (FTC) announced that a company agreed to settle charges of falsely claiming to comply with the EU-U.S. Privacy Shield framework which allows the transfer of consumer data from European Union (EU) countries to the United States (U.S.), according to …

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