Articles from Around the Web

Discover the latest industry insights and developments with our News from Around the Web page. We curate feeds from a variety of reputable organizations, bringing you a comprehensive overview of relevant news and trends. Stay informed and connected with the most current updates from across the web.

SEC fines stock trading app for data security claims

The U.S. Securities and Exchange Commission issued a USD45 million fine to commission-free stock trading app Robinhood for insufficient protection of sensitive customer data, The New York Times reports. The SEC also outlined issues around employee use of encrypted messaging applications and alleged the app did not stop a 2021 cyberattack during which a hacker stole personally identifiable information from millions of accounts.

Singapore's IMDA issues code of practice for app distributors

Singapore's Infocomm Media Development Authority published the "Code of Practice for Online Safety for App Distribution Services." The code requires designed app distributors to implement system measures to limit the risk of exposure to harmful content. Additionally, the code requires app distributors to implement age assurance measures to better protect children online.

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