Cybersecurity is a looming threat for most businesses. The impact of a major cyber event can resonate for weeks, months, and even years after the initial attack. To mitigate the risks to consumers, there have been several...more
6/7/2023
/ Amended Rules ,
Compliance ,
Cybersecurity ,
Data Disposal Protocols ,
Data Retention ,
Encryption ,
Exemptions ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
Incident Response Plans ,
Information Systems Security Program (ISSP) ,
Multi-Factor Authentication ,
Popular ,
Risk Management ,
Safeguards Rule ,
Securities and Exchange Commission (SEC) ,
Small Business ,
Training Requirements
Now that the pandemic’s “social distancing” is lessening, we hope you are all able to gather with friends and family this Thanksgiving. As we do the same, we wanted to count our blessings as we review the year. This year, we...more
11/29/2021
/ CARES Act ,
Consolidated Appropriations Act (CAA) ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Debt Collectors ,
Dodd-Frank ,
FDIC ,
Federal Trade Commission (FTC) ,
Final Rules ,
Foreclosure ,
GLBA Privacy ,
HMDA ,
Loan Servicer ,
Loss Mitigation ,
Moratorium ,
Mortgage Servicers ,
Mortgage Servicing Rules ,
NPRM ,
OCC ,
Regulation F
Until now, companies primarily regulated by the Federal Trade Commission (FTC) were given only vague directives to implement systems sufficient to safeguard customer data, coupled with FTC “recommendations” as to best...more
11/2/2021
/ Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
Educational Institutions ,
Exemptions ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
GLBA Privacy ,
Proposed Amendments ,
Reporting Requirements ,
Safeguards Rule ,
Small Business
In November 2020, Yodlee and its parent company Envestnet filed separate motions to dismiss the class action lawsuit brought over Yodlee’s alleged data collection and use practices. Yodlee’s motion to dismiss argued that...more
3/18/2021
/ Business Codes ,
Civil Code ,
Class Action ,
Computer Fraud and Abuse Act (CFAA) ,
Data Collection ,
Data Privacy ,
Federal Rules of Civil Procedure ,
Financial Services Industry ,
Fraud ,
Motion to Dismiss ,
Personal Jurisdiction ,
State and Local Government ,
Stored Communications Act ,
Unfair Competition Law (UCL)
Consumers are more aware than ever of data privacy and security issues. As technology develops, vast quantities of data are collected on individuals every minute of every day. Customers trust their institutions to keep the...more
1/11/2021
/ Application Programming Interface (APIs) ,
California Consumer Privacy Act (CCPA) ,
CalOPPA ,
Class Action ,
Cybersecurity ,
Data Privacy ,
Data Processing Rules ,
Financial Services Industry ,
GLBA Privacy ,
Personal Data ,
Third-Party Service Provider
On December 28, 2020, New York passed a new law entitled the “COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020.” The act places a moratorium on COVID-19-related residential real property mortgage foreclosure...more
The most intimate information can be found in the data on our cellphones and laptops, from geo-location data to search history. The level of privacy protections afforded to electronic data and communications have been unclear...more