je.st
news
Tag: penalties
CFPB Enforcement and Penalties Bring Industry Reaction
2013-07-19 19:21:08| AutomotiveDigest.com - Automotive Industry News
The first significant penalty from the Consumer Financial Protection Bureau in connection with vehicle financing a development associated with approximately $6.5 million in revenue for two companies. Compliance experts from Reynolds and Reynolds and Dealertrack Technologies explain how the first enforcement action against the vehicle financing industry by the Consumer Financial Protection Bureau might give more detail about the agency's regulatory agenda. The situation between auto dealers, their financing networks and the Consumer Finance Protection Bureau are far from resolved, but dealers need to keep themselves informed of the happenings in order to understand their role in CFPB compliance. [Read more]
Tags: industry
bring
reaction
enforcement
FERC Orders $453 Million in Penalties for Western Power Market Manipulation
2013-07-17 00:30:00| Transmission & Distribution World
The Federal Energy Regulatory Commission has ordered Barclays Bank PLC and four of its traders to pay $453 million in civil penalties for manipulating electric energy prices in California and other western markets between November 2006 and December 2008. read more
Tags: power
market
million
orders
EU increases penalties for cybercriminals and hackers
2013-07-05 00:58:22| CNET News.com
Looking to deter cyberattacks on national infrastructure and halt the illegal interception of communications, the European Union toughens its laws. [Read more]
Tags: increases
penalties
hackers
cybercriminals
EU sets tougher penalties for cybercrime
2013-07-04 16:12:00| Telecompaper Headlines
(Telecompaper) The EU has agreed to tougher penalties for cyber criminals under a draft directive passed by the European Parliament. The parliament earlier reaching a preliminary agreement with the EU Council on the text of the directive, and the Council is expected to give its final approval soon. The law sets a minimum penalty of two years for crimes such as illegally accessing or interfering with information systems, illegally interfering with data, illegally intercepting communications or intentionally producing and selling tools used to commit these offences. Setting up botnets will result in at least three years in prison, and attacks against critical infrastructure, such as power plants, transport networks and government networks, can lead to a five-year prison sentence. Companies can also be held liable for offences committed for their benefit, such as hiring a hacker to spy on competitors. In addition, member states will be required to respond more quickly to urgent requests for help in the event of cyber attacks. They will have to make better use of the existing 24/7 network of contact points in order to respond to urgent requests within eight hours. Member states will have two years to implement the directive in their legislation once it has been passed by the council.
Tags: sets
penalties
tougher
cybercrime
Aaron's Law would revamp computer fraud penalties
2013-06-21 14:04:26| InfoWorld: Top News
Two U.S. lawmakers have introduced a bill that would prevent the Department of Justice from prosecuting people for violating terms of service for Web-based products, website notices or employment agreements under the Computer Fraud and Abuse Act (CFAA). On Thursday, Representative Zoe Lofgren, a California Democrat, and Senator Ron Wyden, an Oregon Democrat, introduced Aaron's Law, a bill aimed at removing some types of prosecutions under the CFAA.
Tags: computer
law
fraud
penalties
Sites : [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] next »