News & Analysis as of

Gramm-Leach-Blilely Act Security Risk Assessments

Mintz - Privacy & Cybersecurity Viewpoints

FTC Warns Companies to Remediate Log4j Security Vulnerability

Before the holidays, we warned of a critical vulnerability in a widely-used Java logging utility that could affect tens of thousands of companies. Since that original alert, multiple US and foreign government cybersecurity...more

WilmerHale

FTC Finalizes Financial Institution Safeguards Rule

WilmerHale on

On October 27, 2021, the Federal Trade Commission (FTC) announced a newly updated rule under the Gramm-Leach-Bliley Act (GLBA) intended to require financial institutions to strengthen their data security safeguards to protect...more

Faegre Drinker Biddle & Reath LLP

ED Requires Higher Education Audits to Review GLBA Data Security Compliance

As discussed in a previous DBR on Data post, the U.S. Department of Education (“ED”) in recent years has repeatedly emphasized the importance of higher education institutions taking all appropriate measures to secure and...more

Sheppard Mullin Richter & Hampton LLP

FTC and Car Dealership Software Company Reach Security Settlement

The FTC recently settled with LightYear Dealer Technologies, maker of DealerBuilt software, over allegations that the company failed to provide adequate protection for the personal data it houses. The companies’ clients...more

Faegre Drinker Biddle & Reath LLP

Further Expansion of Data Security Requirements in FTC Order with LightYear Dealer Technologies

The FTC has entered into a settlement with LightYear Dealer Technologies, doing business as DealerBuilt, a technology company that develops and sells dealer management system (DMS) software and data processing services to...more

Balch & Bingham LLP

Assessing Your Cybersecurity Preparedness: It May Be Time to Update Your Bank’s Information Security Plan and Response Program

Balch & Bingham LLP on

With increased oversight, regulatory scrutiny and risk related to cybersecurity, now is the time for those in the banking industry to be proactive in managing cybersecurity risk. Waiting until a breach occurs to formulate or...more

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