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The US House of Representatives Committee on Oversight and Government Reform has just released a comprehensive report on the 2017 Equifax hack. Here is my testimony before before the House Subcommittee on Digital Commerce and ConsumerProtection last November. Lance Spitzner also commented on this.
Identity theft protection firm LifeLock — a company that’s built a name for itself based on the promise of helping consumersprotect their identities online — may have actually exposed customers to additional attacks from ID thieves and phishers. million customer accounts. Update, 7:40 p.m.:
Such practices in-turn led to 4 security breaches since 2017 and so the company was asked to revamp its security practices while collecting and storing data with authentication and biometrics that need to be followed by the staff.
In November 2017, the Uber CEO Dara Khosrowshahi announced that hackers broke into the company database and accessed the personal data (names, email addresses and cellphone numbers) of 57 million of its users, the disconcerting revelation was that the company covered up the hack for more than a year. ” continues the AP.
The company updated and implemented this technology in December 2017 to assist users in managing their identity on the platform by helping them “find photos that you’re not tagged in and help you detect when others might be attempting to use your image as their profile picture.”
” In 2017, the Consumer Financial Protection Bureau sued four tribal online payday lenders in federal court — including Mountain Summit Financial — for allegedly deceiving consumers and collecting debt that was not legally owed in many states.
SAFR was rolled out with little fanfare at two Seattle pilot schools about a year ago, in early 2017. Facial recognition by itself can be a major advancement in data analysis and consumerprotection in so many areas. The system instantly recognizes teachers, administrators and parents. Marquez, the Robbie.AI
Scheumack was recruited to build the consumer direct and performance marketing arms for IDIQ in 2017. Under his guidance, the IDIQ affiliate program has become one of the largest and most well known in the identity theft protection and credit report monitoring industries.
NIST is accepting public comment on the new draft guidance through July 7, 2017. NIST’s focus on the IoT sector also comes as the IoT sector is coming under greater regulatory scrutiny in the US. In 2015, the US Federal Trade Commission (FTC) issued guidance encouraging certain best practices in the IoT sector.
On May 17, 2017, the US Securities and Exchange Commission (SEC), through its National Exam Program, issued a “ Risk Alert ” to broker-dealers, investment advisers and investment firms to advise them about the recent “WannaCry” ransomware attack and to encourage increased cybersecurity preparedness.
In its Global Risk Report 2017 , the World Economic Forum found that “large-scale cyber-attacks or malware causing large economic damages” or “widspread loss of trust in the internet” remain the primary business risks in North America.
On May 15, 2017, the US Government Accountability Office (GAO) released a new report entitled “ Internet of Things: Status and implications of an increasingly connected world.”
In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No.
In the aftermath of the Cambridge Analytica scandal, and in the footsteps of Europe’s General Data Protection Regulation (“GDPR”), California privacy advocates introduced a ballot initiative on October 12, 2017 called “The Consumer Right to Privacy Act of 2018” (No.
Hearing on "Securing Consumers' Credit Data in the Age of Digital Commerce". Subcommittee on Digital Commerce and ConsumerProtection. 1 November 2017. The particular vulnerability was fixed by Apache in a security patch that was made available on March 6, 2017. It confessed to another data leak in January 2017.
Regulations such as the California ConsumerProtection Act (CCPA) in the US and General Data Protection Regulation (GDPR) in the EU address this, particularly when personally identified information ( PII ) is involved.
PSD2 Regulation and Compliance josh.pearson@t… Wed, 09/04/2024 - 23:44 The PSD2 directive is a cornerstone of payment legislation in Europe, designed to enhance consumerprotection, foster innovation, and create a more integrated and secure European payment landscape. Initially, PSD2 was set to take full effect on September 14, 2019.
Over the last decade, financial firms have been mandated to adopt new compliance frameworks at an unprecedented rate, partly due to the sector’s digital transformation and rising concerns around cybersecurity and consumerprotection.
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