News & Analysis as of

Gramm-Leach-Blilely Act Data Security Enforcement Actions

Constangy, Brooks, Smith & Prophete, LLP

Garden State, are you ready for the NJ Data Privacy Act?

The NJ Data Privacy Act takes effect tomorrow. The New Jersey Data Privacy Act is set to take effect tomorrow, January 15. The NJDPA was signed into law by Gov. Phil Murphy (D) on January 16, 2024. The NJDPA is similar to...more

Holland & Knight LLP

The Impact of Cybersecurity Regulations on the Financial Services Industry in 2022

Holland & Knight LLP on

Following the SolarWinds and the Colonial Pipeline cyberattacks, the Biden Administration emphasized a shift toward mandatory cybersecurity requirements. Throughout 2021, government agencies issued new cybersecurity guidance,...more

Ballard Spahr LLP

FTC brings GLBA Safeguards Rule enforcement action against mortgage vendor

Ballard Spahr LLP on

On December 15th, the FTC announced in a press release that it had reached a settlement with a mortgage industry data analytics company to resolve allegations in the FTC’s administrative complaint that the company had failed...more

ArentFox Schiff

FTC Reminds Auto Dealer Vendor to Slow Down & Consider Security

ArentFox Schiff on

The Federal Trade Commission (FTC) recently released updated data security guidance in connection with a proposed settlement with LightYear Dealer Technologies, LLC (dba DealerBuilt), a service provider for the auto dealer...more

WilmerHale

FTC Issues 2018 Year in Review

WilmerHale on

On Friday, March 15, 2019, the Federal Trade Commission released its Privacy & Data Security Update: 2018, highlighting its privacy and data security enforcement actions and other activities last year. Notable Privacy...more

WilmerHale

The CFPB and Data Security Enforcement

WilmerHale on

The Consumer Financial Protection Bureau (CFPB) announced its intention to act as a data security regulator by releasing its first unfair, deceptive or abusive acts or practices (UDAAP) enforcement action for allegedly...more

Ballard Spahr LLP

CFPB Initiates Its First Data Security Enforcement Action

Ballard Spahr LLP on

The Consumer Financial Protection Bureau (CFPB) has announced its first data security enforcement action. Since the 1990s, the Federal Trade Commission (FTC) has primarily taken on the role as the de facto federal regulator...more

Robinson+Cole Data Privacy + Security Insider

SEC brings first cybersecurity-related enforcement action

The Securities and Exchange Commission (“SEC”) recently settled its first cybersecurity-related enforcement action against a Missouri based registered investment adviser, R.T. Jones Capital Equities Management, Inc. (the ...more

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