Describe an action a regulatory agency took against a business in the past 6 months. Post...

Describe an action a regulatory agency took against a business in the past 6 months. Post a link to your source. Do you agree or disagree with the action? Explain your reasoning and support it with the materials from this week.

Make sure you provide the link to the source and also make sure the company is in the US

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Facebook is an online social media and social networking service company based in Menlo Park, California, USA. In the past six months, Facebook reportedly got involved in illegal data sharing with a data-science firm Cambridge Analytica which obtained the data of 50 million Facebook users. I totally agree with the on going hearing at Hart Senate Office.

An identity test application acquired information for 270,000 willing Facebook clients.However, it additionally sucked up information on the greater part of their Facebook companions. As of not long ago, the quantity of affected clients was evaluated at 87 million by Facebook. This information was supposedly sold on to UK inquire about firm Cambridge Analytica. Cambridge Analytica helps lawmakers and anteroom bunches make publicity. The information was as far as anyone knows used to support the Brexit crusade and get Trump into the White House. Facebook is said to have known in regards to the information rupture since 2015. The interpersonal organization asked organizations with the information to erase it, yet didn't authorize the run the show. The Guardian uncovered the occurrence in a confession on account of Cambridge Analytica informant Christopher Wylie. Facebook CEO has since confronted a flame broiling on account of Congress in the US. The links of the source are as follows:

https://www.reuters.com/article/us-facebook-ceo/facebook-to-overhaul-political-ads-after-threat-of-u-s-regulation-idUSKCN1BW2S9

https://www.wired.com/story/mark-zuckerberg-talks-to-wired-about-facebooks-privacy-problem/

https://www.thesun.co.uk/tech/6073848/facebook-data-breach-more-than-87-million-brittany-kaiser/

keosha answered 7 months ago

Describe an action a regulatory agency took against a business in the past 6 months. Post...

Describe an action a regulatory agency took against a business in the past 6 months. Post a link to your source. Do you agree or disagree with the action? Explain your reasoning.

Describe an action a regulatory agency took against a business in the past 6 months. Post...

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Describe one cybersecurity attack that has occurred in the past 6 months, and based on your understanding of this week’s readings, explain what vulnerabilities within the organization may have contributed to the breach.

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WASHINGTON, D.C.– Today the Consumer Financial Protection Bureau (CFPB) took action against three reverse mortgage companies...

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WASHINGTON, D.C.– Today the Consumer Financial Protection Bureau (CFPB) took action against three reverse mortgage companies...

WASHINGTON, D.C.– Today the Consumer Financial Protection Bureau (CFPB) took action against three reverse mortgage companies for deceptive advertisements, including claiming that consumers could not lose their homes. The CFPB is ordering American Advisors Group, Reverse Mortgage Solutions, and Aegean Financial to cease deceptive advertising practices, implement systems to ensure they are complying with all laws, and pay penalties. “These companies tricked consumers into believing they could not lose their homes with a reverse mortgage,” said CFPB Director Richard Cordray....

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Describe an action a regulatory agency took against a business in the past 6 months. Post...

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