New Bill Would Set Standard for Financial Data Security

A new bill introduced earlier this month, the Consumer Information Notification Requirement Act, would ensure customers of financial firms are protected in the event of a data breach but has drawn the ire of trade groups.

Sinovel Fined $1.5M in IP Theft Case

Sinovel, a Chinese turbine manufacturer behind one of the decade's classic insider threat cases, was ordered to pay $1.5M by a federal judge last week for the theft of trade secrets.