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Privacy/Data Security

Is Knowing Enough? The FTC’s Concerns Regarding Mobile Banking Practices May Force You to Do …

CFPB  •  FCRA  •  FTC  •  Mobile Banking  •  Privacy/Data Security
On September 10, 2014, the Federal Trade Commission (FTC) posted a comment in response to the Consumer Financial Protection Bureau’s (CFPB) request for information regarding the use of mobile banking services and products specifically utilized […]

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Committee of Banking Regulators Begins Cyber-Security Assessments of 500 Financial Institutions

CFPB  •  FDIC  •  FRB  •  OCC  •  Privacy/Data Security
On June 24, 2014, in response to the “increasing volume and sophistication of cyber threats,” the Federal Financial Institutions Examination Council (“FFIEC”) began a month-long cyber-security assessment of 500 community financial institutions and credit unions.  […]

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