On May 24, 2022, the Federal Trade Commission (FTC) released a new publication aimed at offering financial institutions and their service providers guidance on the FTC’s recently revised Safeguards Rule under the...more
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
11/1/2021
/ Cybersecurity ,
Data Protection ,
Federal Trade Commission (FTC) ,
Final Rules ,
Financial Institutions ,
Financial Services Industry ,
Gramm-Leach-Blilely Act ,
Personal Information ,
Risk Assessment ,
Safeguards Rule ,
Security Risk Assessments ,
Third-Party Service Provider
On December 17, 2020, the Office of the Comptroller of the Currency, Treasury (OCC); the Federal Reserve; and the Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking that would require...more
12/22/2020
/ Bank Secrecy Act ,
Banking Regulators ,
Banks ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Financial Institutions ,
GLBA Privacy ,
NPRM ,
Popular ,
Reporting Requirements ,
Suspicious Activity Reports (SARs)