A 2019 data breach affecting the personal information of more than 100 million credit card customers and credit card applicants of Capital One has yielded an $80 million civil money penalty for the bank and […]
Two information collections up for renewal – one on money laundering risk (MLR) assessments and the other on guidance regarding data breaches – will be proposed by the federal regulator of national banks as early […]
Up to $700 million in monetary relief and penalties would be provided in a settlement between credit reporting agency Equifax and the federal consumer financial protection agency and other federal and state agencies, the groups […]
Acting in anticipation of data breaches (and in response to an overall federal plan), the Federal Reserve is proposing to revise its general routine uses of systems of records, including adding a new “routine use” […]
A national data security standard and strong notification requirements when a data breach occurs were two top recommendations of most of the financial institution and data security experts testifying before a House subcommittee Wednesday. However, […]
The massive data breach at the Equifax credit reporting agency is something the Treasury secretary said he intends to bring up with the acting director of the federal consumer protection bureau, during questions and answers with […]
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