GRC Report Staff

Ohio State Agrees to $2.1 Million Settlement Over Undisclosed China Ties in Federal Research Grants

Ohio State University has agreed to pay $2.1 million to resolve allegations that it failed to disclose employees’ ties to and financial support from the People’s Republic of China while seeking federal research funding, the Justice Department announced Monday.

TikTok Agrees to $400 Million Settlement in U.S. Child Privacy Case

TikTok and its parent company ByteDance have agreed to pay $400 million to settle a U.S. government lawsuit alleging the platform collected personal information from millions of children without their parents' consent, according to BBC reporting, closing a case that began two years ago and adding another substantial figure to the growing cost of getting children's privacy wrong.

Shipping Companies Fined $1.75 Million After Crew Concealed Oily Waste Discharges at Sea

The machinery meant to keep oily waste out of the ocean was aboard the MSC Samira III. So was the monitoring equipment meant to catch a violation. When those protections became inconvenient, senior crew members found ways around them. For months, oily bilge water was moved through the ship and discharged into the sea while the records meant to account for such discharges told a different story. On Friday, the companies responsible for the vessel pleaded guilty to federal pollution charges and were sentenced to pay a combined $1.75 million fine.

ASIC & APRA Tell Financial Firms to Act on Frontier AI Risks

The Australian Securities and Investments Commission and Australian Prudential Regulation Authority have urged financial market entities to move beyond awareness of frontier AI risks and begin preparing for their consequences. The regulators said increasingly capable AI models are accelerating cyber threats while adding pressure to the technology and operational risks financial institutions already face.

Ofcom Sets Out Enforcement Approach as UK Online Safety Regime Takes Hold

Ofcom has set out how it plans to enforce the UK’s Online Safety Act across more than 100,000 companies, detailing an approach that can begin with guidance and direct regulatory pressure but escalate to investigations, fines and, in certain cases, measures that disrupt a company’s business.

DermTech Settles Medicare False Claims Allegations Over Unreliable Skin Cancer Tests

DermTech, the skin cancer testing company which filed for bankruptcy in 2024 and is now liquidating as DTech Liquidating, has agreed to resolve allegations that it violated the False Claims Act by knowingly submitting claims to Medicare for unreliable tests. Under the settlement announced Wednesday, the federal government received an allowed Class Three General Unsecured Claim of $5,038,011 in DermTech’s bankruptcy proceeding.

Google Agrees to £260 Million Settlement With UK App Developers

Google has agreed to pay £260 million to settle a lawsuit brought on behalf of UK app developers who accused the company of using its control over the Play Store to impose unfair commissions and restrictions on how their apps could reach customers, according to Reuters.