• 03.15.18

    New Guidance From SEC, New York’s DFS

    Hoping to help covered entities, the Securities and Exchange Commission (SEC) released an update on cybersecurity while New York’s Department of Financial Services (DFS) published guidance for licensed virtual currency businesses in the state.

  • 02.28.18

    OIG Audit Addresses Data Security Concerns at the CFPB

    The independent auditor of the Office of Inspector General (OIG) of the Federal Reserve System reported on cybersecurity issues at the Consumer Financial Protection Bureau (CFPB), and the report does not quite fit the picture painted by either advocates or opponents.

  • 02.16.18

    New York DFS Cybersecurity Certifications Due

    The time has come for entities regulated by the New York Department of Financial Services to make their first certification of compliance with the regulator’s cybersecurity rules.

  • 01.25.18

    FTC Finds COPPA Disconnect With VTech Connected Toys

    In its first case involving connected toys, the Federal Trade Commission (FTC) announced a settlement with VTech Electronics over allegations that the company violated the Children’s Online Privacy Protection Act (COPPA).  

  • 01.18.18

    FSOC Cautions Industry About Cybersecurity Risks

    Cybersecurity threats are the biggest challenge facing the financial services industry, the Financial Stability Oversight Council (FSOC) declared in its annual report, calling on federal regulators to ensure that banks are taking appropriate steps to protect their businesses.

  • 01.11.18

    2017 Year in Review: Data Breaches

    The year 2017 saw the number of data breaches grow, and the trend is expected to continue and intensify.

  • 01.11.18

    2017 Year in Review: Developments in Payments

    2017 was a year of continued innovation in the payments space as the adoption of digital payments continued to increase.

  • 12.21.17

    Sites Illegally Tracked Consumers New Suits Allege

    New suits accuse mattress company Casper Sleep and lender Quicken Loans of illegally tracking consumers online.

  • 12.14.17

    The Battle Over CFPB Leadership Continues

    Although the first round in the battle over leadership of the Consumer Financial Protection Bureau went to President Donald Trump’s pick for the position, the fight continues, leaving the CFPB’s ongoing work very unsettled.

  • 12.14.17

    Cybersecurity Guidance on SEC Horizon

    In a push for increased cybersecurity vigilance, the Securities and Exchange Commission indicated its plans to amend existing data security guidance, including the reporting of data breaches.