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CFPB targets data broker industry in proposed amendments to Fair Credit Report Act regulations

The Consumer Financial Protection Bureau this week issued a proposed rule that seeks to bring data brokers within the definition of a consumer reporting agency, citing national security and privacy concerns in order to give...more

NYDFS publishes proposed amendments to Cybersecurity Regulation for covered entities

On November 9, 2022, the New York Department of Financial Services (NYDFS) published proposed amendments to significantly expand Cybersecurity Requirements for Financial Services Companies under 23 NYCRR 500 (the “NYDFS...more

New proposed rule requires banks to notify regulators within 36 hours of a cybersecurity incident

On January 12, 2021, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) published a Notice of Proposed...more

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