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U.S. financial regulator must beef up cyber security: inspector

WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB), one of Wall Street’s top regulators, must strengthen its protections …read more Source: Reuters Tech News

Drive-in chain Sonic says payment cards possibly hacked

(Reuters) – U.S. fast-food chain operator Sonic Corp said on Wednesday a malware attack at some of its drive-in …read more Source: Reuters Tech News

BofA’s Bessant says to spend $600 million on information security: CNBC

(Reuters) – Bank of America Corp’s chief operations and technology officer Cathy Bessant said on CNBC that the bank would …read more Source: Reuters Tech News

U.S. lawmakers to introduce bill to reform internet surveillance

(Reuters) – A bipartisan group of U.S. lawmakers unveiled legislation on Wednesday that would overhaul aspects of the National Security …read more Source: Reuters Tech News

SEC chair floats potential delay to fund data rules following hack

WASHINGTON (Reuters) – The chairman of the U.S. Securities and Exchange Commission (SEC) has floated a possible delay to new …read more Source: Reuters Tech News

Senator Warren criticizes Equifax potential to profit from breach

WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren criticized Equifax Inc on Wednesday, saying it failed to protect customers adequately …read more Source: Reuters Tech News

Rising hacker threat will trigger boom in cyber crime insurance, Tryg says

COPENHAGEN (Reuters) – Insurer Tryg expects 90 percent of its corporate customers to buy cyber crime insurance within five …read more Source: Reuters Tech News

Gannett takes stake in digital media firm Grateful Ventures

NEW YORK (Reuters) – Gannett Co Inc, publisher of USA Today, said on Wednesday it has made its first major …read more Source: Reuters Tech News

EU orders Amazon to repay $295 million in Luxembourg back taxes

BRUSSELS (Reuters) – Amazon on Wednesday was told to pay about 250 million euros ($294.38 million) in back taxes …read more Source: Reuters Tech News

EU takes Ireland to court for not claiming Apple tax windfall

BRUSSELS (Reuters) – The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for …read more Source: Reuters Tech News