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Breach Notification Rule Customer Information

Alston & Bird

Data Breach Notification Requirements Under the Safeguards Rule Now in Effect

Alston & Bird on

For years, the Gramm-Leach-Bliley Act (GLBA) has required financial institutions to maintain reasonable safeguards for consumer data, but has only had limited breach-reporting requirements. To the extent financial...more

Akin Gump Strauss Hauer & Feld LLP

New Privacy and Cybersecurity Obligations for Private Fund Sponsors and Managers

Last week, the Securities and Exchange Commission imposed expanded privacy and cybersecurity obligations on fund managers and sponsors registered with the SEC as investment advisers. While many registered investment advisers...more

Davis Wright Tremaine LLP

FTC Adds Data Breach Notification Requirement to Safeguards Rule

The Federal Trade Commission (FTC or Commission) has amended its Standards for Safeguarding Customer Information, commonly known as the "Safeguards Rule," to require non-bank financial institutions to report certain data...more

Lowenstein Sandler LLP

FTC Amends Safeguard Rule

Lowenstein Sandler LLP on

On October 27, 2023, the Federal Trade Commission (FTC) further tightened requirements to safeguard customers’ financial information in the hands of financial institutions, with their release of a new amendment (Amendment) to...more

Jackson Lewis P.C.

FTC Issues Final Rule Amending the Standards for Safeguarding Customer Information – Data Breach Notification Obligations to...

Jackson Lewis P.C. on

On October 27, 2021 the FTC issued a final rule (the “Final Rule”) amending 16 CFR Part 134, Standards for Safeguarding Customer Information (“Safeguards Rule”), after a period of notice and comment. While the existing...more

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