California Consumer Privacy Act (CCPA), Financial Institutions, Gramm-Leach-Blilely Act

More Privacy, Please - September/October 2023

Troutman Pepper on 11/28/2023

Editor’s Note: The FTC continues to crack down on privacy and cybersecurity, including issuing a new warning to tax preparation companies and entering into a consent decree with 1Health.io. VPPA and BIPA litigation continues...more

Florida Governor Signs Data Privacy Law Focused on Children, Search Engines and Billion Dollar Businesses

Mintz - Privacy & Cybersecurity Viewpoints on 6/12/2023

Florida has joined the growing list of states enacting comprehensive privacy laws. Governor Ron DeSantis (R) signed the Florida Digital Bill of Rights (“FDBR”) into law on June 6th. How does it compare?...more

What Non-Financial Institutions Need to Know About Gramm-Leach-Bliley

Society of Corporate Compliance and Ethics... on 1/19/2023

The Gramm-Leach-Bliley Act (GLBA) is typically referred to in the context of financial institutions. It requires offerers of consumer financial products to explain how they share information and protect sensitive data. It’s...more

Asset Managers Should Prepare for the Expiration of Two Important Exemptions to the California Consumer Privacy Act

Dechert LLP on 11/21/2022

The California legislature recently adjourned its 2022 session without extending several exemptions from the California Consumer Privacy Act of 2018 (CCPA). As a result, due to the California Privacy Rights Act (CPRA)...more

Expanded Safeguards Rule Applicable to More Financial Institutions; Gives More Specificity on Security Requirements

Morgan Lewis on 11/22/2021

The Federal Trade Commission recently finalized a long-discussed update to its cybersecurity Safeguards Rule that includes more specific criteria for what financial institutions must implement as part of their information...more

Financial Institutions Must Assess Whether They Must Comply with CCPA Requirements for Financial Incentive Programs

Ballard Spahr LLP on 8/23/2021

Last month, California Attorney General Rob Bonta released a summary of his office’s enforcement activity under the California Consumer Privacy Act (CCPA). Although the summary did not include company names, the summary...more

Do financial institutions need to comply with the CCPA with respect to all consumer information?

BCLP on 6/9/2020

No, with a caveat. The CCPA does not to apply to “personal information collected, processed, sold, or disclosed pursuant to the Gramm Leach Bliley Act (GLBA) and implementing regulations.” The GLBA regulates privacy and...more

Do Companies Need a Written Security Information Plan?

BCLP on 1/7/2020

As of January 1, 2020, California became the first state to permit residents whose personal information is exposed in a data breach to seek statutory damages between $100-$750 per incident, even in the absence of any actual...more

FinTech Forward: How to Prepare for the California Consumer Privacy Act (CCPA) - Part 2

K&L Gates LLP on 11/5/2019

In this miniseries, John ReVeal will discuss key issues and top of mind concerns for businesses under the California Consumer Privacy Act, which will go into effect January 1, 2020. In the second episode, John ReVeal...more

CCPA Security FAQs: Does the CCPA open insurance companies to increased litigation?

BCLP on 10/4/2019

Yes. The CCPA provides a partial exemption for information collected by financial institutions that are subject to the Gramm Leach Bliley Act (e.g., information about individuals who have obtained personal financial...more

CCPA Security FAQs: Does the CCPA open financial institutions to increased litigation?

BCLP on 9/19/2019

Yes. While the CCPA provides a partial exemption for information collected by financial institutions that is subject to the Gramm Leach Bliley Act (e.g., information about individuals who have obtained personal financial...more

Exempt or Not Exempt? California Consumer Privacy Act and the Gramm-Leach-Bliley Act

Davis Wright Tremaine LLP on 4/16/2019

For the last 18 years, most financial services businesses could sum up their privacy practices with just four letters: G-L-B-A, also known as Title V of the Gramm-Leach-Bliley Act, Public Law 106-102, and its implementing...more

Analyzing How Financial Institutions Are Treated In Proposed State Privacy Laws

Husch Blackwell LLP on 3/1/2019

One of the myriad of issues arising from the California Consumer Privacy Act (CCPA) is the extent to which financial institutions subject to the Gramm-Leach-Bliley Act (GLBA) must comply with the CCPA’s requirements in light...more

California Consumer Privacy Act: The Challenge Ahead – The Interplay Between the CCPA and Financial Institutions

Hogan Lovells on 12/10/2018

This is the ninth installment in Hogan Lovells’ series on the California Consumer Privacy Act. The California Consumer Privacy Act of 2018 (“CCPA”) exempts information that is collected, processed, sold, or disclosed...more

GLBA and the California Privacy Act: Analyzing SB 1121’s Change to the Financial Institution Carve-Out Provision

Ballard Spahr LLP on 9/27/2018

Less than three months after California passed the California Consumer Privacy Act of 2018 (CCPA), Governor Jerry Brown signed SB 1121 this week, making a number of technical and substantive changes to the law....more

GLBA and the California Privacy Act: Analyzing SB 1121's Change to the Financial Institution Carve-Out Provision

Ballard Spahr LLP on 9/26/2018

Less than three months after California passed the California Consumer Privacy Act of 2018 (CCPA), Governor Jerry Brown signed SB 1121 this week, making a number of technical and substantive changes to the law....more

California Consumer Privacy Act (CCPA) › Financial Institutions › Gramm-Leach-Blilely Act

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