PYMNTS-MonitorEdge-May-2024

Safeguards Rule

FTC to Require Non-Banking Financial Institutions to Report Data Breaches
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023  |  Regulation

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards...

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CFPB Head Faces Privacy Questions From Senate
CFPB Head Faces Privacy Questions From Senate
March 13, 2019  |  Regulation

The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online...

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