GRC Report Staff

Government Contractors Pay $21.3 Million Over Veteran-Owned Contract Scheme

Broadway Electric and Cornerstone Contracting, two New York-based government contractors, along with its CEO and President, have agreed to pay $21.3 million to resolve allegations that they used service-disabled veteran-owned small businesses and other qualifying firms as vehicles to secure federal contracts that otherwise would have been out of reach.

CVS to Pay $36.5 Million Over Medicaid Insulin Billing Scheme

A decade-long practice involving insulin prescriptions has led CVS Pharmacy to agree to pay $36.5 million to resolve allegations that it improperly billed Medicaid programs across the United States for more insulin than patients were prescribed.

Korean Privacy Regulator Investigates TVING After Database Breach Exposes User Information

South Korea’s privacy regulator has opened an investigation into streaming platform TVING after the company disclosed a data breach involving unauthorized access to a database containing user personal information.

UK Regulator Opens Audit Investigation Involving PwC & WH Smith

The UK's Financial Reporting Council has opened an investigation into the statutory audit conducted by PricewaterhouseCoopers of WH Smith's consolidated financial statements for the financial year ended August 31, 2024.

Oxford Investigates CareerConnect Breach After User Information Exposed

Oxford University recently disclosed that CareerConnect's third-party provider, GTI, informed Oxford on May 28 that an unauthorized party had gained access to the platform. According to the notice, the attacker was able to obtain users' first names, last names, and email addresses. For users who do not access the platform through Single Sign-On, encrypted passwords were also exposed.

The AI Boom Has an Environmental Bill & We're Only Beginning to Calculate It

The modern AI industry has become remarkably good at directing attention toward intelligence while keeping the infrastructure that makes that intelligence possible largely out of sight. Public discussion revolves around what the technology can do. We debate whether it will transform education, accelerate scientific discovery, replace jobs, or reshape entire industries. Investors discuss model performance. Governments debate regulation. Companies race to announce new capabilities.

Portugal Fines Telecom Operators €13.35 Million Over Coordinated Pay-TV Advertising Scheme

For nearly six years, subscribers of Portugal's largest pay-TV providers who wanted to watch recorded television content encountered the same reality. Advertising appeared in those recordings regardless of which major operator they used. According to Portugal's Competition Authority, that was not a coincidence.