I suppose it’s something.

https://www.databreaches.net/63-million-opm-data-breach-settlement-proposed/

$63 Million OPM Data Breach Settlement Proposed

From the official settlement website at https://www.opmdatabreach.com/:

OPM Data Breach Settlement

In re: U.S. Office of Personnel Management Data Security Breach Litigation, No. 15-1394 (ABJ) (D.D.C.).

If You Were Subject to the Data Breaches of the U.S. Office of Personnel Management and Its Contractor (Peraton Risk Decision Inc.), and You Experienced an Out-of-Pocket Loss After the Breaches, You Could Be Eligible for a Payment from a Class Action Settlement

You may be eligible to receive a payment from a proposed $63,000,000 class action settlement.

The lawsuit is about the data breaches of the U.S. Office of Personnel Management (“OPM”) in 2014 and 2015 and its security contractor in 2013 and 2014 that allegedly compromised personal information of then-current and former federal government employees and contractors, as well as certain applicants for federal employment. The Defendants in the case—OPM and its contractor, known now as Peraton Risk Decision Inc. (“Peraton”) and previously as KeyPoint Government Solutions, Inc.—deny that they did anything wrong and dispute that they have any liability, but have agreed to settle the lawsuit.

To be eligible to make a claim for payment, your personal information must have been compromised in the data breaches, and you must also have suffered an out-of-pocket expense or lost compensable time:

1. to purchase a credit monitoring product, credit or identity theft protection product, or other product or service designed to identify or remediate the data breaches;

2. to access, freeze or unfreeze a credit report with a credit reporting agency; or

3. as a result of an identity theft incident or to mitigate an identity theft incident.

Eligible claimants under the Settlement will receive $700 or the actual amount of the claim—whichever is greater—up to a maximum of $10,000, unless the total value of all valid claims, plus any incentive awards to named plaintiffs, exceeds the amount of money in the fund.

The Settlement does not affect or release claims of anyone who was subject to the data breaches and who did not experience losses within any of the three categories listed above.

You can file your claim here. You can also opt out of or object to the Settlement.

OPM (as authorized by Congress) has made free credit monitoring and identity theft protection services available to all individuals whose personal information was compromised in the data breaches. If you have not signed up for these services but wish to do so, visit www.opm.gov/cybersecurity or call 1-800-750-3004 Monday through Saturday, between 9:00 a.m. and 9:00 p.m. Eastern Time.

Read more about your legal rights and options at https://www.opmdatabreach.com/

A press release can be found here: https://www.prnewswire.com/news-releases/a-63-million-settlement-has-been-reached-in-a-class-action-lawsuit-about-the-data-breaches-of-the-us-office-of-personnel-managemen t-and-its-security-contractor-301579362.html

The Office of Personnel Management resulted in years of media coverage and analyses. You can find some of the coverage by searching this site for “OPM breach.”

Another rule to “rule them all?”

https://www.insideprivacy.com/european-union-2/european-parliament-adopts-dsa/

European Parliament adopts DSA

On July 5, 2022, the European Parliament adopted the Digital Services Act (“DSA”) with 539 votes in favor, 54 votes against and 30 abstentions, following the political deal reached on April 23, 2022 (see our previous blog here ).

Key aspects

The DSA is addressed to providers of intermediary services (e.g., Internet service providers, cloud providers, search engines, social networks and other online platforms, and online marketplaces). The DSA will also apply to providers established outside the EU, to the extent they offer services to business and individual users established or located in the EU.

Perspective.

https://www.bespacific.com/91760-2/

Polycrisis

The Atlantic: “America and the world are living through what Adam Tooze, the internet’s foremost historian of money and disaster, describes as a “polycrisis.” As he sips a beer at a bar near Columbia University, where he is the director of the European Institute, Tooze talks through a long list of challenges: War, raising the specter of nuclear conflict. Climate change, threatening famine, flood, and fire. Inflation, forcing central banks to crush consumer demand. The pandemic, closing factories and overloading hospitals. Each crisis is hard enough to parse by itself; the interconnected mess of them is infinitely more so. And he feels “the whole is even more dangerous than the sum of the parts.” Not too long ago, Tooze was an obscure academic. Now he’s among the world’s most influential financial commentators, with loyal readerships in Washington, London, Paris, and Brussels, as well as on Wall Street. Tooze’s readers turn to him for his uncanny ability to know which numbers on a spreadsheet matter, or when a trend has hit the point at which it has started to shape history. He looks at trade, currency, equities, wage, employment, debt, and commodities data and somehow makes sense of it—not just in the moment but in the sweep of time. “Economic events have had such a huge influence on politics this century,” Robert Skidelsky, the John Maynard Keynes biographer, told me. Tooze “illustrates the interpenetration of economic policy and political events. It’s as simple as that…”

Perspective. Should every business be in a constant “slow-motion transformation?”  GDPR?

https://www.rtinsights.com/four-types-business-transformation/

Four Types of Business Transformation

A new study published in Harvard Business Review highlights four types of business transformation, providing further clarity for business leaders who are aiming to transition.