First Group of COVID-19 Cases Filed in California Federal and State Courts Includes Class and Individual Claims Brought On A Variety of Grounds | Hanson Bridgett LLP | #employeefraud | #recruitment | #corporatesecurity

[co-author: Breana Burgos] Key Points As the State begins to open back up, COVID-19 employment related litigation also begins. Several trends have emerged. On an individual and class-wide basis, Plaintiffs cite disability discrimination, emotional distress, retaliation, reimbursement, public nuisance and WARN Act claims, among others. In order to help mitigate…

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Trump and Biden campaigns were targeted by foreign hackers, Google says | #espionage | #surveillance | #ceo

Both major presidential campaigns have recently been the targets of cyberattacks from foreign governments, a Google executive said Thursday. Google’s Threat Analysis Group, which deals with nation-state hacking, said that hackers traced to China attempted to break into email accounts of people on the campaign of the apparent Democratic nominee…

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COVID-19’s Impact on E-Commerce – business.com | #fraudprevention | #corporatefraud | ceo

How has the coronavirus pandemic affected e-commerce? It’s complicated. Even as more people shop online from the safety of home, some e-commerce categories are struggling. For some of them, the challenge is near-overwhelming demand. For others, sales have sharply dropped. Consumer behavior and spending patterns changed dramatically as lockdowns took…

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BancPlus Corporation Completes Private Placement of $60.0 Million of Subordinated Notes | #corporatesecurity |

RIDGELAND, Miss.–(BUSINESS WIRE)–BancPlus Corporation, Ridgeland, Mississippi (the “Company”), parent company of BankPlus (the “Bank”), today announced the completion of a private placement of $60.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2030 (the “Notes”). The Company intends to use the net proceeds of the private placement…

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Citi sees surge in corporate online account opening amid pandemic | #corporatesecurity |

As companies around the world enacted continuity plans to keep running during the pandemic while employees were scattered remotely, corporate clients of Citi’s Treasury and Trade Solutions unit ramped up their use of its online banking platform. That platform, CitiDirect BE, is used by large multinational institutions as well as…

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DOJ Provides New Guidance On Corporate Compliance Programs | Morrison & Foerster LLP | #employeefraud | #recruitment | #corporatesecurity

On June 1, 2020, the U.S. Department of Justice (“DOJ”) published a revised version of its guidance on the “Evaluation of Corporate Compliance Programs” (the “June 2020 Guidance”). Like its predecessors in February 2017 and April 2019, the June 2020 Guidance provides greater transparency regarding DOJ’s expectations for corporate compliance…

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Control Risks expands its market-leading behavioral threat and crisis management expertise as organizations face complex challenges from COVID-19 and social unrest | #corporatesecurity |

Washington, DC, June 04, 2020 (GLOBE NEWSWIRE) — Control Risks, the global risk consulting firm, today announced the hires of psychologist and behavioral threat expert Terri Patterson (PhD) and legal and communications expert Kimberly Brunell (JD), both formerly senior leaders within the FBI, to its market-leading Crisis and Security Consulting…

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AM Best Affirms Credit Ratings of Health Care Service Corporation and Its Subsidiaries | #riskmanagement | #security | #ceo

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of Health Care Service Corporation, a Mutual Legal Reserve Company (d/b/a Blue Cross Blue Shield of Illinois/Texas/New Mexico/Oklahoma/Montana) (HCSC) (headquartered in Chicago, IL) and its subsidiaries….

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Trump Revokes Hong Kong’s Special Status; China Pushes to Win Global Tech Race | #espionage | #surveillance | #ceo

After China Passes National Security Legislation, Trump to Revoke Hong Kong’s Special Status, Among Other Measures On May 29, President Trump announced that he would direct his administration to “[eliminate] policy exemptions that give Hong Kong … special treatment” under U.S. law. On May 28, China’s National People’s Congress (NPC)…

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