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CFPB Finalizes Open Banking Rule to Boost Competition, Protect Privacy, and Enhance Consumer Choice

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued its long-awaited Final Rule implementing Section 1033 of the Dodd-Frank Act ("Final Rule") with the intention of giving consumers greater rights,...more

Is Your Business Prepared to Comply With Rhode Island's Comprehensive Privacy Law?

Rhode Island is the latest state to enact consumer privacy legislation. The Rhode Island Transparency and Privacy Protection Act (the "Act"), which passed into law on June 28, 2024, establishes a framework for controlling and...more

How Ancient Wisdom Can Help Illuminate Data Privacy Compliance For Both Newcomers and Hold-Outs

Augustus Caesar once said, "if you want a rainbow, you have to deal with the rain." Presumably, this was said—in Latin—after he overhauled all aspects of ancient Roman life. Thousands of years later, the same sentiment holds...more

Wisconsin Adopts New Insurance Cybersecurity Law

On July 15, 2021, Wisconsin Governor Tony Evers signed Act 73 (Act) into law, making Wisconsin the latest state to adopt the National Association of Insurance Commissioner's (NAIC) model cybersecurity law. Most recently, Iowa...more

The Illinois Department of Insurance Issues Cybersecurity Guidance Regarding Microsoft Exchange Server Installations

The Illinois Department of Insurance (the "Department") recently released guidance to all regulated entities concerning vulnerabilities in Microsoft's Exchange Server installations. Issued on the heels of other state and...more

Cybersecurity Compliance Emphasized at MBA's Legal Issues and Regulatory Compliance Conference

With cybersecurity legislation and regulation sweeping the country in response to a series of high-profile hacking and ransomware attacks, it was little surprise that cybersecurity was a topic at the recently concluded...more

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