WebNov 3, 2024 · Wednesday, November 3, 2024. Last week, the Federal Trade Commission (the “FTC”) released a final rule amending the Standards for Safeguarding Customer … WebTHE GRAMM-LEACH-BLILEY ACT AND THE ATTORNEY-CLIENT RELATIONSHIP With a faster, less expensive, ... against the FTC alleging that the Commission's assessment that the GLBA extended to attorneys was outside of the FTC's statutory authority. New York State Bar Association v Federal Trade Commission, 276 F Supp 2d 110 (DC Cir 2004). …
The Safeguards Rule: protecting information at financial institutions
WebNov 15, 2024 · Going forward, one of the main differences with FTC GLBA compliance is the need to have a written incident response plan on file. Developing a complete incident response plan means defining: Clear roles, responsibilities, and levels of decision-making authority, Internal procedures for handling security incidents, WebNov 9, 2024 · The new FTC requirements mandate all changes to GLBA be implemented by December 2024. The Run-Down Not all the amendments to GLBA are that consequential. The most important changes to the bill are in Section 314.4 which addresses the development, implementation, and maintenance of security regimens. This section has … chronicle recyclim\u0027s balm
What is GLBA Compliance? Understanding the Data Protection …
WebAny other financial institution not subject to the jurisdiction of any agency or authority listed above: In part – the FTC has authority for certain motor vehicle dealers: Securities and Exchange Commission ... This article from Data Insider looks at what the Gramm-Leach-Bliley Act means for data protection and how to achieve GLBA compliance ... WebApr 10, 2024 · On March 26, 2024, the Government Accountability Office (GAO) publically released a report issued on February 21, 2024, entitled, “The Actions Needed to … WebApr 10, 2024 · On March 26, 2024, the Government Accountability Office (GAO) publically released a report issued on February 21, 2024, entitled, “The Actions Needed to Strengthen Oversight of Consumer Reporting Agencies,” in which the GAO recommends, among other things, that Congress consider giving the FTC civil penalty authority to enforce initial … chronicle recommends