New York Regulator Urges Oversight for Social-Media Giants

[ Source: WSJ] New York’s top financial watchdog said a dedicated regulator should oversee large social-media platforms, which should also be designated as systemically important, following a successful cyberattack on Twitter Inc. during the summer.

High-profile Twitter accounts, including those of Barack Obama and Elon Musk, were the target of a widespread attack that security experts are calling the worst hacking incident in the company’s recent history.

The New York State Department of Financial Services made the recommendation.

Read more

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *