The European Supervisory Authorities have taken a step in bringing the Digital Operational Resilience Act to life, unveiling the first set of technology firms that will fall under direct EU oversight for the stability of the financial system. The designations set the formal launch of DORA’s supervision regime for critical ICT third-party providers.
A coalition of companies, non-governmental organizations, and multi-stakeholder groups from the food, cocoa, coffee, palm oil, rubber and timber sectors is calling on the European Commission to proceed with the EU Deforestation Regulation (EUDR) as scheduled. The group is reiterating its position that there should be no “stop-the-clock” mechanism, simplification review clause, or one-year delay to the regulation’s implementation.
The European Commission is taking a look at the foundations of Europe’s cloud computing market, opening three new investigations that could reshape how major providers operate across the EU.
DoorDash has disclosed a data breach after a social engineering scam tricked one of its employees, allowing an unauthorized party to access user information across its platform. The company says the exposed data included names, email addresses, phone numbers, and physical addresses, though it declined to say how many people were affected.
France’s competition authority has handed down €187.49 million in fines to several major players in Corsica’s fuel sector, finding that they struck an agreement that shut out rivals and helped keep prices higher on the island.
Zephyr Aviation, a contractor for the Department of Homeland Security, has agreed to pay $3.9 million to settle federal allegations that it charged the government for flight hours that never occurred. The agreement, announced Friday by the Department of Justice, resolves claims that the company and its owners, Frederick Credno Jr. and Frederick W. Credno III, violated the False Claims Act while performing transportation work for U.S. Customs and Border Protection (CBP).
California’s sweeping new climate-reporting requirements are headed to the U.S. Supreme Court, as some of the country’s most influential business groups push for an emergency halt before the rules take effect.