Tag Archives: Gramm-Leach-Bliley Act

New FTC Provides Insights Into Its Plan for a Balanced Approach to Data Privacy and Security

This year brought unprecedented focus on consumer privacy – the rollout of the European Union General Data Protection Regulation (GDPR), the Cambridge Analytica controversy and Congressional hearings, a GDPR-light law coming out of California, more and bigger security incidents, and multiple proposals for an omnibus federal data protection law. The Federal Trade Commission (FTC or … Continue Reading

2015 BakerHostetler Incident Response Report Shows One in Five Breaches Involved Paper Records

BakerHostetler’s inaugural Data Security Incident Response Report offers a wealth of information regarding the causes of data security breaches, the manner in which those incidents are handled, and the legal and regulatory aftermath for affected companies. Among the Report’s interesting takeaways is a rebuttal of the popular assumption that data security incidents are all about … Continue Reading

Credit Unions Continue to Demand New Data Security Standards for Retailers and Right to Recover Losses After a Breach

On September 3, 2014, following the news of a possible breach at Home Depot (which was confirmed on September 8), the National Association of Federal Credit Unions (NAFCU) called on Congress to enact new legislation to hold retailers more responsible for data security breaches. “These continued data breaches will have a chilling effect on our … Continue Reading
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