As the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) scale back rulemaking and enforcement, states are advancing more prescriptive cybersecurity standards for financial institutions, including...more
7/31/2025
/ Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Privacy ,
Data Security ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
New Legislation ,
NYDFS ,
Popular ,
Reporting Requirements ,
State Legislatures
On June 3, 2024, the Consumer Financial Protection Bureau (CFPB) published a final rule requiring covered nonbanks – generally nonbanks that are “covered persons” under the Dodd-Frank Act, subject to certain exceptions – to...more