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JPMorgan fined nearly $350M for 10 years of inadequate trade monitoring

JPMorgan Chase & Co. has been fined $348.2 million by two U.S. banking regulators for failing to implement a program to monitor corporate and customer trading activity for market fraud. The Federal Reserve announced Thursday. The Fed, along with the Office of the Comptroller of the Currency (OCC), fined the bank and said the fraud […]

FBI and DHS Are Monitoring Gamers for Signs of ‘Extremism’

A recent Government Audit Office (GAO) report claims that the FBI and Department of Homeland Security (DHS) are targeting the growing threat of violent extremism, sharing intelligence and sharing information with gaming companies and The company says it has established a mechanism to collaborate with social media platforms. intercept report The report covers the period […]

Military Monitoring New High-Altitude Balloon Moving Across Western U.S.

In this distributed image provided by the Department of Defense, a U.S. Air Force U-2 pilot looks down on a suspected Chinese surveillance balloon hovering over the central United States on February 3, 2023. Recovery efforts began immediately after the balloon fell. (Photo courtesy of the U.S. Department of Defense, via Getty Images) Sophia Flores […]

US Ramps Up Monitoring of Crypto Miners' Energy Use – Decrypt

The U.S. Energy Information Administration (EIA) plans to collect data on the energy use of cryptocurrency miners operating in the United States. in press releasethe agency announced that it would begin a “preliminary investigation into electricity consumption information from certain virtual currency mining companies operating in the United States.” Crypto mining is a way for […]

Amazon hit with $35M fine for ‘excessively intrusive’ worker productivity monitoring

French regulators fined Amazon $35 million on Tuesday, determining the e-commerce giant had an “unduly intrusive system” for monitoring warehouse employees. French Data Protection Authority (CNIL)has announced that its domestic subsidiary, Amazon France Logistics, will use barcode scanners to track the progress of tasks such as stocking products on shelves and packaging them for shipment. […]