The Federal Trade Commission has approved an amendment to the Safeguards Rule under the Gramm-Leach-Bliley Act that creates a new data privacy regulatory reporting requirement for non-banking financial entities. Covered...more
11/15/2023
/ Cybersecurity ,
Data Protection ,
Data Security ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
Gramm-Leach-Blilely Act ,
New Amendments ,
Non-Bank Lenders ,
Notification Requirements ,
Personal Information ,
Safeguards Rule ,
Unauthorized Access
The national impact of ransomware is expanding. Following a dip in the recorded number of ransomware attacks for 2022, there have been multiple nationwide events with devastating effect in 2023. Given the damage across...more
An updated version of the NIST Cybersecurity Framework is on the way.
In 2013, President Barack Obama directed the National Institute of Standards and Technology (“NIST”) to lead the development of a cybersecurity...more