GRC Report Staff

Our smartphones are more than just devices, they’re an extension of ourselves. We rely on them to navigate daily life, from communication and entertainment to shopping and tracking our health. In 2023, the average French citizen downloaded 30 mobile apps and spent over 3 hours a day using their phones. But while we’re all living more digitally connected lives, there’s a downside i.e., privacy risks. With apps constantly collecting our data, how can we make sure our personal information stays safe?

In an effort to close the book on several rule violations, Webull Financial LLC has agreed to pay a $1.6 million fine and accept a censure from FINRA. The case highlights significant lapses in supervision and transparency by a firm that has become a key player in self-directed retail trading. With this settlement, Webull seeks to put a period on a series of compliance missteps that have made waves in the financial regulatory world.

Cybersecurity is a constant challenge, and as digital infrastructures evolve, so do the risks. The release of ENISA’s NIS360 2024 report provides a timely and important snapshot of how well Europe’s critical sectors are handling their cybersecurity responsibilities under the NIS2 Directive. This report doesn’t just throw out data, it digs deep into where sectors stand, where they’re excelling, and, more importantly, where they need to improve.

Assertio Therapeutics has agreed to pay $3.6 million to resolve allegations tied to misleading marketing practices involving its fentanyl nasal spray, Lazanda. The settlement was announced by the Department of Justice on May 5, 2025, addressing claims that Assertio’s marketing led to false billing for prescriptions that were not medically justified.

In a statement made during his first visit to Brussels as Chancellor, Friedrich Merz, Germany's newly appointed leader, called for the European Union to scrap the Corporate Sustainability Due Diligence Directive (CSDDD). This directive, adopted in May 2024, mandates that companies take action to address their negative impacts on human rights and the environment throughout their supply chains.

The Federal Trade Commission (FTC) has filed an amicus brief in support of the Department of Justice’s (DOJ) Revised Proposed Final Judgment (RPFJ) aimed at addressing Google's violations of antitrust laws, specifically in relation to its monopolistic practices in search services and online advertising. The FTC, as the nation’s primary privacy enforcement agency, emphasized the importance of privacy protections within the proposed settlement.

In the midst of extreme global uncertainty and market turbulence, BaFin President Mark Branson delivered a message of optimism and resilience at the authority’s annual press conference on May 7, 2025. Addressing journalists in Frankfurt, Branson set the tone for Europe’s financial future, underscoring the need for strong institutions, legal clarity, and simplified regulation.