GRC Report Staff

Amway and two of its largest affiliates have agreed to a $225 million judgment to resolve allegations that they used unfair and deceptive practices to recruit people into Amway's multilevel marketing business and keep them buying products once they were there. Nearly all of the money would go to participants who lost money after being recruited by the two affiliates, World Wide Group LLC and Leadership Team Development Inc.

Cyberattacks increased at 83% of large U.S. organizations over the past year, according to a recent KPMG survey, even as companies poured more money into artificial intelligence and expanded the responsibilities of the executives charged with keeping their systems secure.

Ireland’s Data Protection Commission has fined Google €403 million over its processing of location data, concluding an investigation that began in 2020 and reached back to the first day the GDPR took effect.

The Justice Department has revised its enforcement policies under the False Claims Act, restoring restrictions on the use of agency guidance in litigation and instructing government attorneys to consider whether whistleblower lawsuits should be dismissed when DOJ declines to join them.

The European Banking Authority has finalized its Guidelines on third-party risk management, concentrating the new framework on the outside relationships that matter most when something goes wrong.

Denmark has returned to a difficult question in its plans for public-sector AI, sending a revised bill for consultation that would give public authorities a general legal basis to process personal data when developing and using AI systems.

Sabre Global Technologies knew Ural Airlines had been sanctioned on the day the designation took effect. The travel technology company continued providing services to the Russian carrier for another seven months. Then, when its UK bank blocked payments over sanctions concerns, the company began looking for another way to get paid, which has now cost Sabre Global Technologies Limited (SGTL) £1,000,920.59.