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OCR and FTC Issue Warning to Hospital Systems and Telehealth Providers about Tracking Technologies
On July 20, 2023, the U.S. Department of Health and Human Services Office for Civil Rights (OCR) and the Federal Trade Commission (FTC)announced they were sending a joint letter to approximately 130 unidentified hospital systems and telehealth providers highlighting the agencies’ concerns about the use of tracking technologies on websites and mobile apps in violation…
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DOJ Relies on Traditional Statutes To Charge Defendants in Cryptoasset Fraud Cases
Two recent indictments highlight the Department of Justice’s (DOJ’s) continuing use of the traditional wire fraud, money laundering and identity theft statutes to pursue fraud involving digital assets, indicating that law enforcement will look to prevent theft and scamming regardless of the novel types of assets targeted by the fraud….By: Skadden, Arps, Slate, Meagher &…
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IRS Issues Revenue Ruling 2023-14 on Staking
On July 31, 2023, the IRS issued Revenue Ruling 2023-14, which sets forth the IRS’s position as to when certain staking “rewards” are taxable income. The Ruling analyzes a fact pattern where a cash method taxpayer “stakes 200 units of [token] M and validates a new block of transactions on the M blockchain, receiving 2…
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MW Components Announces Data Breach Following Ransomware Attack
On July 31, 2023, MW Components filed a notice of data breach with the Attorney General of Texas after discovering that an unauthorized party was able to access certain information contained on its computer network. In this notice, MW Components explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive…
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Aven Financial, Inc. Files Notice of Data Breach Impacting Consumers’ Social Security Numbers
On July 31, 2023, Aven Financial, Inc. filed a notice of data breach with the Attorney General of Texas after discovering that an unauthorized party was able to access certain information that had been provided to the company. In its notice, Aven indicates that the incident resulted in an unauthorized party being able to access…
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VALIC Retirement Services Company Announces PBI Data Breach Following MOVEit Vulnerability
On July 27, 2023, VALIC Retirement Services Company (“VRSCO,” “VALIC”) filed a notice of data breach with the Attorney General of Maine after discovering that one of the company’s vendors experienced a MOVEit data breach resulting in confidential VRSCO client information being leaked. While VRSCO filed notice of the breach with the Maine AG, the…
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Possible Data Breach at Southern Association of Independent Schools, Inc. Following Report of Unsecured Database
Recently, reports began to emerge about a data breach at Southern Association of Independent Schools, Inc. (“SAIS”). While reports of the breach have not yet been confirmed by SAIS, if substantiated, the incident could impact the confidential information of a significant number of students, teachers and others….By: Console and Associates, P.C.
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The Chattanooga Heart Institute Notifies Upwards of 160k Patients of Recent Data Breach
On July 28, 2023, Chattanooga Heart Institute filed a notice of data breach with the Attorney General of Maine after confirming that a recent cyberattack compromised confidential information that was stored on the organization’s computer network. In this notice, Chattanooga Heart Institute explains that the incident resulted in an unauthorized party being able to access…
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Russia-Ukraine War: Drone Again Hits a Moscow Building Housing Russian Ministries
Ukrainian officials have become more open in their view that targets inside Russia are legitimate.
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France Prepares Niger Evacuation Amid Risks of Conflict
Tensions were rising in the West African nation over demands by African and Western countries to reinstate a president ousted in a military takeover.
