GRC Report Staff

SoundCloud Data Breach Triggers Service Disruptions & Raises Questions About Incident Response Controls

SoundCloud has confirmed with Bleeping Computer that a recent wave of service outages and access issues stemmed from a security incident that exposed a subset of user data, as the company moved to contain unauthorized access to parts of its infrastructure.

Chinese-Owned Real Estate Firms to Pay $7.3 Million Over PPP Loan Eligibility Claims

At the height of the pandemic, the Paycheck Protection Program was meant to act as a financial lifeline for small American businesses struggling through shutdowns and economic uncertainty. Federal prosecutors now say three real estate companies tied to a major Chinese conglomerate should never have qualified for that relief.

European Parliament Formally Approves Scaled-Back Sustainability Reporting & Due Diligence Rules

The European Parliament has formally approved a revised sustainability reporting and due diligence framework, giving legal and political backing to a deal EU lawmakers struck earlier this month to narrow the scope of the bloc’s corporate sustainability obligations.

New Paper Urges Businesses to Rethink Sustainability Strategy

As climate shocks intensify and biodiversity loss accelerates, the era of treating sustainability as a long-term aspiration rather than an immediate business imperative is quickly closing. A new white paper from the Council on Sustainability Transformation, Aligning Climate, Nature, and Markets, argues that companies now face a pivotal moment where fragmented climate strategies and short-term market thinking are no longer sufficient to protect value or support growth.

FTC & States Broaden Case Against Uber Over Uber One Billing & Cancellation Practices

The Federal Trade Commission has widened its legal fight with Uber, filing an amended complaint alongside 21 states and the District of Columbia that accuses the company of enrolling consumers in its Uber One subscription without consent, failing to deliver promised savings, and putting up significant barriers for users who try to cancel.

FINRA’s 2026 Oversight Report Sharpens Focus on AI, Cyber Risk, & Market Integrity

FINRA’s 2026 Annual Regulatory Oversight Report offers a window into how risk is showing up across broker-dealers, drawn directly from the regulator’s examination and enforcement experience. While the report does not introduce new rules, it highlights recurring weaknesses and emerging pressure points, from the use of generative AI to cyber-enabled fraud and small-cap market manipulation, that are expected to shape FINRA’s supervisory focus throughout 2026.

Arizona Wound Graft Fraud Case Exposes How Incentives Can Corrupt Care & Compliance

What began as a lucrative wound-care operation in Arizona ultimately collapsed under the weight of its own incentives, leaving behind a trail of vulnerable patients, hollowed-out compliance controls, and more than $1.2 billion in fraudulent health care claims.