News & Analysis as of October 18, 2024

Gramm-Leach-Blilely Act

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A repository for the most well-read content on JD Supra at any given time, along with occasional roundups of popular content by specific topic. Also stop by for monthly recaps of hot articles for the previous... more +

Learn About Data Privacy and How to Navigate the Information Security Regulatory Landscape

Foley & Lardner LLP on 7/24/2024

Insights for this month’s article are provided by ARDA members Gregory Szewczyk, partner at Ballard Spahr Practice Leader of the firm’s Privacy and Data Security Group, and Aaron Tantleff, partner in Foley & Lardner’s...more

FTC Releases 2023 Privacy and Data Security Update

Troutman Pepper on 4/12/2024

On March 28, the Federal Trade Commission (FTC) released a Privacy and Data Security Update, highlighting the FTC’s activities in recent years through December 2023. The FTC underscored its work on issues related to...more

FTC Requires Non-Bank Financial Institutions to Report Data Security Breaches Under Amended Safeguards Rule

Jones Day on 11/13/2023

On Friday, October 27, the Federal Trade Commission ("FTC") announced new amendments to the Safeguards Rule, requiring covered financial institutions to report certain data breaches to the FTC and reflecting its continuing...more

The FTC Is Targeting Crypto Too - With a Significant New Enforcement Action

Wiley Rein LLP on 7/21/2023

Last week the Federal Trade Commission (FTC) joined the Securities Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) in bringing charges and announcing settlements with the now-bankrupt cryptocurrency...more

Wiley Consumer Protection Download (January 10, 2022)

Wiley Rein LLP on 1/11/2022

Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

FTC Warns Companies to Remediate Log4j Security Vulnerability

Mintz - Privacy & Cybersecurity Viewpoints on 1/6/2022

Before the holidays, we warned of a critical vulnerability in a widely-used Java logging utility that could affect tens of thousands of companies. Since that original alert, multiple US and foreign government cybersecurity...more

Members of Congress Request FTC Investigation of Financial Data Company’s Collection and Privacy Practices

Proskauer - New Media & Technology on 1/22/2020

Last week, Democratic Senators Ron Wyden and Sherrod Brown and Congresswoman Anna Eshoo sent a letter to FTC Chairman Joseph J. Simons urging the agency to investigate whether analytics firm Envestnet, Inc. (which operates...more

FTC Announces Settlement with Mortgage Broker for Publishing Personal Information about Consumers

Alston & Bird on 1/15/2020

A&B ABstract: On January 7, 2020, the Federal Trade Commission (FTC) announced a complaint and settlement against California mortgage broker Mortgage Solutions FCS, doing business as Mount Diablo Lending, and its owner, Ramon...more

Data Privacy and Bankruptcy—Notable Non-bankruptcy Privacy Laws

Nelson Mullins Riley & Scarborough LLP on 9/11/2019

Privacy issues implicate several Bankruptcy Code sections and Bankruptcy Rules. The debtor must also comply with non-bankruptcy rules concerning privacy to the extent that such rules are not inconsistent with the Bankruptcy...more

FTC Data Security Settlement with Auto Dealer Software Provider Goes Further than Ever Before - Provides Detailed Specifications...

Wilson Sonsini Goodrich & Rosati on 6/21/2019

On June 12, 2019, the Federal Trade Commission (FTC) announced it had reached a proposed settlement with LightYear Dealer Technologies, LLC (doing business as "DealerBuilt") over allegations that the automobile software...more

Two Proposed Data Security Laws Reflect National Trend Toward Affirmative Responsibilities

Moore & Van Allen PLLC on 2/7/2018

With major consumer data breaches making headlines on a semi-regular basis, legislators around the country are starting to hold businesses more accountable for cybersecurity compliance. Industry-specific laws such as HIPAA...more

Case Update: In Consumer Data Breach Case, Eleventh Circuit Indicates Concern over Scope of FTC’s Enforcement Actions

Dorsey & Whitney LLP on 7/21/2017

On June 21, 2017, the Eleventh Circuit Court of Appeals heard oral argument in LabMD, Inc. v. FTC, Case No. 16-16270, a case that is being carefully watched to see if it will clarify the limits of the Federal Trade...more

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