The top executives of defunct cybersecurity company GigaMedia Access Corp. were charged with duping investors out of more than $50 million by faking financial statements and having one of them pose as a customer.

The Consumer Financial Protection Bureau is set to demand information about how Apple Inc., Facebook Inc., Google, Amazon Inc. and other technology firms harvest, use and market consumer financial data, according to two sources close to the matter.

Twin City Fire Insurance Co. must defend janitorial service company Vonachen Services Inc. in two biometric privacy class actions it’s facing, an Illinois federal judge ruled.

House Ways and Means Committee Chairman Richard Neal says “the administration is moving in the right direction” on a bank reporting proposal.

The attorney general of Washington, D.C., said he would add Facebook Inc. Chief Executive Officer Mark Zuckerberg to a consumer protection lawsuit against the social media company, one of the first times a law enforcement official has personally targeted the Facebook founder.

The Transportation Security Administration’s planned cybersecurity directives for the rail and aviation industries are too rushed and prescriptive, Republican members of the Senate Commerce Committee said in a letter to TSA’s leader today