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Financial Institutions › Privacy Laws › Data Breach

Wyrick Robbins Yates & Ponton LLP

Not Just for Auto Dealers: What the FTC’s Updated Safeguards Rule Means for All Non-Bank Financial Institutions

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Last month, the Federal Trade Commission issued guidance on the updated Safeguards Rule in the form of a set of Frequently Asked Questions for Automobile Dealers. Although directed to auto dealers, the FAQs are a useful...more

Harris Beach Murtha PLLC

NY Attorney General Focuses on Corporate Conduct Over Past Six Months

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Over the past six months, the New York Attorney General Letitia James has directed her efforts to certain issues, and there is an observable pattern that she is focusing on consumer protection, privacy rights and monopolistic...more

Blake, Cassels & Graydon LLP

Nouveau cadre relatif aux incidents de sécurité de l’information à l’intention des institutions financières québécoises

Blake, Cassels & Graydon LLP on

Le 23 avril 2025, le Règlement sur la gestion et le signalement des incidents de sécurité de l’information de certaines institutions financières et des agents d’évaluation du crédit (le « Règlement ») est entré en vigueur au...more

Husch Blackwell LLP

New York Amends its Data Breach Notification Law

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Keypoint: New York has amended its data breach notification law twice in the last 60 days to (1) add a 30-day deadline for notifying affected residents, (2) clarify that covered financial entities must still notify the New...more

Tonkon Torp LLP

What the SEC Amendments to Regulation S-P Mean for Your Business

Tonkon Torp LLP on

On May 16, 2024, the SEC adopted amendments to Regulation S-P requiring broker-dealers, registered investment companies, registered investment advisers, funding portals, and transfer agents (collectively, “covered...more

Health Care Compliance Association (HCCA)

Privacy Briefs: February 2024

Health Care Compliance Association (HCCA) on

The American Hospital Association (AHA) has warned that information technology (IT) help desks are being targeted in a social engineering scheme that uses the stolen identity of revenue cycle employees or employees in other...more

Sheppard Mullin Richter & Hampton LLP

Impact of FTC Safeguard Rules Amendment on Breach Notification Timing

Sheppard Mullin Richter & Hampton LLP on

The FTC recently amended the Safeguards Rule to make non-banking institutions such as mortgage brokers, motor vehicle dealers, and payday lenders notify the FTC as soon as possible, and no later than 30 days after discovery,...more

BCLP

Do Companies Need a Written Security Information Plan?

BCLP on

As of January 1, 2020, California became the first state to permit residents whose personal information is exposed in a data breach to seek statutory damages between $100-$750 per incident, even in the absence of any actual...more

Ballard Spahr LLP

GLBA and the California Privacy Act: Analyzing SB 1121’s Change to the Financial Institution Carve-Out Provision

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Less than three months after California passed the California Consumer Privacy Act of 2018 (CCPA), Governor Jerry Brown signed SB 1121 this week, making a number of technical and substantive changes to the law....more

Ballard Spahr LLP

GLBA and the California Privacy Act: Analyzing SB 1121's Change to the Financial Institution Carve-Out Provision

Ballard Spahr LLP on

Less than three months after California passed the California Consumer Privacy Act of 2018 (CCPA), Governor Jerry Brown signed SB 1121 this week, making a number of technical and substantive changes to the law....more

Skadden, Arps, Slate, Meagher & Flom LLP

"Privacy & Cybersecurity Update - October 2016"

Skadden, Arps, Slate, Meagher & Flom LLP on

In this edition of our Privacy & Cybersecurity Update, we take a look at the FCC's new rules for broadband privacy, the FTC's new playbook for data breach response and notification, the NHTSA's voluntary guidance for...more

Bilzin Sumberg

Alphabet Soup and Data Security

Bilzin Sumberg on

In the span of two days, mobile device users learned of two data breaches that could compromise their personal data. In one, Experian (a credit reporting agency) reported that it was hacked, potentially putting 15 million...more

Troutman Pepper

How to Avoid and Respond to a Cybersecurity Breach

Troutman Pepper on

In light of numerous recent data breaches, cybersecurity has emerged as an issue impacting organizations ranging from the local hardware store to the largest multi-national firms in the world. In short, no industry is immune...more

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