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Data Protection Dwolla

Ballard Spahr LLP

CFPB Management Challenges Include Information Security

Ballard Spahr LLP on

On September 29th, the Office of the Inspector General (OIG) that oversees the CFPB released a memorandum detailing the major management challenges facing the CFPB.  The memo identified four areas of improvement that, unless...more

Ballard Spahr LLP

FTC Examines Process by which Companies Assess Compliance with PCI DSS

Ballard Spahr LLP on

The Federal Trade Commission (FTC) has issued orders to obtain information about the process by which businesses audit their compliance with the Payment Card Industry Data Security Standards (PCI DSS) and the role of such...more

Kelley Drye & Warren LLP

CFPB’s First Data Security Action; Fines Online Platform Dwolla for Alleged Weak Security Practices

On March 2, the CFPB settled its first data security enforcement action against Iowa-based Dwolla Inc. Launched as a startup in 2009, Dwolla is an online payment platform that enables customers to transfer money directly...more

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