The Consumer Finance Protection Bureau (CFPB) on Oct. 19, 2023, proposed a new Personal Financial Data Rights rule (Proposal) through which it seeks to increase competition in the financial sector. The Proposal was developed...more
11/28/2023
/ Aggregation Rules ,
Comment Period ,
Competition ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Data Security ,
Data Subject Access Requests ,
Financial Services Industry ,
Open Banking ,
Personal Data ,
Portability ,
Proposed Rules ,
Sensitive Personal Information
The New York Department of Financial Services (NYDFS) on Nov. 9, 2022, released Proposed Amendments to its Cybersecurity Regulation. The NYDFS Cybersecurity Regulation was one of the first laws requiring companies to comply...more
11/17/2022
/ Audits ,
Chief Information Security Officer (CISO) ,
Compliance ,
Corporate Governance ,
Cybersecurity ,
Enforcement Actions ,
Financial Institutions ,
Financial Services Industry ,
Internal Controls ,
NYDFS ,
Personal Liability ,
Popular ,
Proposed Amendments ,
Reporting Requirements ,
Risk Assessment ,
Risk Management ,
Security Risk Assessments ,
Sensitive Personal Information