jhenderson2, Author at TV Delmarva Channel 33 • Page 8 of 8

FTC Amends Safeguards Rule to Require Non-Banking Financial Institutions to Report Data Security Breaches

Posted on October 27, 2023December 1, 2023 by jhenderson2

The Federal Trade Commission has approved an amendment to the Safeguards Rule that would require non-banking institutions to report certain data breaches and other security events to the agency. The FTC’s Safeguards Rule requires non-banking financial institutions, such as mortgage brokers, motor vehicle…

FTC Reports Outline Efforts to Combat Cross-Border Fraud and Ransomware Attacks

Posted on October 20, 2023December 1, 2023 by jhenderson2

The Federal Trade Commission has submitted two reports to Congress detailing the agency’s efforts to combat cross-border fraud through the U.S. SAFE WEB Act and work contributing to the fight against ransomware and other cyber attacks that originate outside the United States.…

FTC and CFPB Settlement to Require Trans Union to Pay $15 Million over Charges It Failed to Ensure Accuracy of Tenant Screening Reports

Posted on October 12, 2023December 3, 2023 by jhenderson2

The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) obtained a settlement that will require credit reporting agency Trans Union LLC and a subsidiary to pay a total of $15 million to settle charges they failed to ensure the accuracy…