Tag: Gramm-Leach-Bliley Act

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53 and it’s likely to go up. That’s the number of data security law enforcement actions the FTC has settled so far. The facts of each case are different, but distilled down to the basics, they stand for one central proposition: Your company’s data security measures should be...
Ahab hunts big fish. Captain and whaling boat sink.Ishmael prevails.Sometimes you want to read all 209,117 words of Moby Dick.  Other times a haiku will do.  Sometimes you want an in-depth analysis of the FTC’s enforcement, rulemaking, research, education, and international efforts...
Appended to Cliffdale Associates, Inc., 103 F.T.C. 110, 174 (1984). The Honorable John D. Dingell Chairman Committee on Energy and Commerce U.S. House of Representatives Washington, D.C. 20515 Dear Mr. Chairman: This letter responds to the Committee's inquiry regarding the Commission's...
A summary of the results of a small-scale study to validate the final set of changes to the prototype privacy notice.
The Safeguards Rule requires financial institutions under FTC jurisdiction to have measures in place to keep customer information secure. In addition to developing their own safeguards, companies covered by the Rule are responsible for taking steps to ensure that their affiliates and...
The regulations require financial institutions to provide particular notices and to comply with certain limitations on disclosure of nonpublic personal information. A financial institution must provide a notice of its privacy policies and practices with respect to both affiliated and...
The FTC hosted a public workshop to examine the costs and benefits to consumers and businesses of the collection and use of consumer information. In order to facilitate closer examination of the issues, the workshop focused on the collection and use of consumer information for...
The Gramm-Leach-Bliley Act (GLB Act) requires that financial institutions issue privacy notices to their customers, and, in certain circumstances, provide them with the opportunity to opt out of disclosures of nonpublic personal information to nonaffiliated third parties. Concerns...
The FTC hosted a public workshop that explored how businesses merge and exchange detailed consumer information and how such information is used commercially. The FTC explored how detailed consumer profiles -- i.e., compilations of identifying information, preference information,...
The FTC hosted a public workshop to explore issues related to the security of consumers' computers and the personal information stored in them or in company databases. The security of consumers' home computers is an issue of growing importance; as consumers use their computers as...
Under this Act, the Commission is empowered, among other things, to (a) prevent unfair methods of competition, and unfair or deceptive acts or practices in or affecting commerce; (b) seek monetary redress and other relief for conduct injurious to consumers; (c) prescribe trade regulation rules...

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