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Regulatory Oversight › Cybersecurity › Gramm-Leach-Blilely Act

Ballard Spahr LLP

CFPB suggests that state privacy laws can—and should—regulate financial data

Ballard Spahr LLP on

On November 12, 2024, the Consumer Financial Protection Bureau (CFPB) released a report examining the carve outs and limitations contained in comprehensive state privacy laws relating to financial institutions.  In an...more

Hogan Lovells

New York State Expected to Increase Enforcement of Cybersecurity Practices

Hogan Lovells on

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the...more

Wilson Sonsini Goodrich & Rosati

FTC Data Security Settlement with Auto Dealer Software Provider Goes Further than Ever Before - Provides Detailed Specifications...

Wilson Sonsini Goodrich & Rosati on

On June 12, 2019, the Federal Trade Commission (FTC) announced it had reached a proposed settlement with LightYear Dealer Technologies, LLC (doing business as "DealerBuilt") over allegations that the automobile software...more

Ballard Spahr LLP

FTC seeks comment on proposed amendments to safeguards and privacy rules

Ballard Spahr LLP on

The FTC has proposed amendments to its 2003 Safeguards Rule and 2000 Privacy Rule, applicable to financial institutions under the Gramm Leach Bliley Act (GLBA).  The proposed changes are informed by the FTC’s enforcement...more

Dickinson Wright

More Companies Must Comply with the Gramm-Leach-Bliley Act, But Don’t Know It. Are You One of Them?

Dickinson Wright on

When the topic of data privacy and cyber security comes up, most people automatically think of data breaches, especially given the high-profile nature of so many of them. Breaches and hacks are certainly an issue about which...more

Cadwalader, Wickersham & Taft LLP

Proposed Federal Cybersecurity Regulations for Financial Institutions Face an Uncertain Future

Cadwalader, Wickersham & Taft LLP on

Last year’s proposed comprehensive framework for cybersecurity rules for large financial institutions is suddenly facing an uncertain future. With the comment period having closed as of February 2017, the framework was facing...more

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