Banking Sector, Banks, Identity Theft

Second Circuit sides with bank in FCRA case

Orrick, Herrington & Sutcliffe LLP on 6/9/2025

On May 28, the U.S. Court of Appeals for the Second Circuit affirmed a judgment issued by a district court judge in U.S. SDNY dismissing a plaintiff-appellant’s claims under the FCRA for allegedly failing to reasonably...more

CFPB Bites of the Month - 2023 Annual Review - Nondiscrimination and Military Protection Law

Hudson Cook, LLP on 1/23/2024

In this article, we share a timeline of our monthly "bites" for 2023 applicable to consumers protected by nondiscrimination and military protection laws....more

Hacker arrests and prosecutions update

Robinson+Cole Data Privacy + Security Insider on 10/30/2015

We previously reported that alleged Ukranian hacker Sergey Vovnenko, also known as “Flycracker,” “Fly” and “Darklife” was extradited from Italy, arrested and charged in New Jersey federal court for his part in disbursing the...more

Feds continue to prosecute hackers

Robinson+Cole Data Privacy + Security Insider on 10/15/2015

Sergey Vovnenko, a Ukrainian hacker, was charged in New Jersey federal court this week for wire fraud conspiracy, unauthorized computer access and aggravated identity theft for allegedly hacking into networks of financial...more

CFPB Continues to Target Add-On Credit Products

Carlton Fields on 10/6/2015

The Consumer Financial Protection Bureau (CFPB) has stepped up its enforcement actions alleging deceptive and unfair practices in marketing and billing for add-on credit protection products. Add-on products have been one of...more

Administration and SIFMA Announce New Steps to Make Financial Data More Secure

Akin Gump Strauss Hauer & Feld LLP on 10/22/2014

On October 17, 2014, President Obama directed the federal government to take steps to improve the security of financial transactions in the United States. As part of the “BuySecure” Initiative, the President pledged a...more