Statute
GLBA
54 published works
Data Protection Report
BIPA Year in Review: Where Are We Now and What’s Coming Next?
By Anna Rudawski (US), Alexis Wilpon (US)
2022 has been a record year for Illinois Biometric Information Privacy Act (“BIPA”) litigation. Since its enactment in 2008, BIPA has been one of the most litigated privacy-related laws with…
Consumer Financial Services Law Monitor
FTC Extends Deadline for Compliance With Safeguards Rule
By Alan D. Wingfield, Chris Capurso, Kim Phan
The deadline for complying with certain provisions of the Standards for Safeguarding Customer Information (Safeguards Rule) has been extended to June 9, 2023. As we previously posted, on January 10,…
Privacy & Information Security Law Blog
Connecticut Enacts Consumer Privacy Law
On May 10, 2022, Connecticut Governor Ned Lamont signed An Act Concerning Personal Data Privacy and Online Monitoring, after the law was previously passed by the Connecticut General Assembly in…
The Fintech Report
Fintech Legal Report—Week of November 5, 2021
By Sam Boro, Logan Payne
Weekly Fintech Focus Acting Comptroller of the Currency gave a speech describing his vision for supervising crypto and fintech firms in similar ways to banks. The FTC issued enforcement policy…
Online and On Point
FTC Finalizes Updated Safeguards Rule Under GLBA to Dramatically Expand Data Security Requirements and Scope of Rule
By Benjamin William Perry, Courtney Achee
Until now, companies primarily regulated by the Federal Trade Commission (FTC) were given only vague directives to implement systems sufficient to safeguard customer data, coupled with FTC “recommendations” as to…
Consumer Finance Monitor
FTC makes significant changes to GLBA Safeguards Rule, requests comment on breach reporting, and adopts final privacy rule for motor vehicle dealers
By Kim Phan
The FTC’s final rule released last week amending its Standards for Safeguarding Customer Information (Safeguards Rule) under the Gramm-Leach-Bliley Act (GLBA) will require significant changes in data security policies and…
Information Bytes
Less data is more than ever: The FTC and the reasonable data security program
By Peter Sloan
This series explores how recent changes in U.S. privacy and data security laws are elevating retention schedules and data disposal from merely prudent practices to compliance requirements. As mentioned earlier, The FTC…
The CLS Blue Sky Blog
Paul Hastings Discusses Proposed Cyber Incident Reporting Rule for Banks
By Behnam Dayanim, Jackie Cooney, Daniel Julian
Federal financial regulatory agencies, including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (“FDIC”), and the Office of the Comptroller of the Currency (“OCC”)…
Online and On Point
Privacy Litigation Updates for the Financial Services Sector: Yodlee and Envestnet Sued for Data Disclosure and Processing Practices
Consumers are more aware than ever of data privacy and security issues. As technology develops, vast quantities of data are collected on individuals every minute of every day. Customers trust…
Online and On Point
FTC Eyes Vendor Oversight in Safeguards Rule Settlement
On December 15, 2020, the FTC announced a proposed settlement with Ascension Data & Analytics, LLC, a mortgage industry analytics company, related to alleged violations of the Gramm-Leach-Bliley Act’s (GLBA)…