Tag: Gramm-Leach-Bliley Act

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If you or your clients are in the tax preparation field, there are three letters you should focus on. OK, I-R-S may be the first thing on your mind. But as the FTC’s proposed settlement with TaxSlayer suggests, don’t forget those other important letters: G-L-B.
There are three letters every auto dealer should know about. GTO? XKE? Good guesses, but not what we had in mind.We’re talking about GLB.The Gramm-Leach-Bliley Act requires financial institutions to give their customers initial and annual notices about their privacy policies. If the...
Maybe it’s a suspicious tax document flagged by your HR staff or a customer concern about an unauthorized charge. Identity theft can reveal itself in many ways. Regardless of the tip-off, there’s a new one-stop federal resource – IdentityTheft.gov – to help people report and recover...
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...

Filtering by content type: Press Release

The operator of a Georgia-based online tax preparation service has agreed to settle Federal Trade Commission allegations that it violated federal rules on financial privacy and security.
The Federal Trade Commission has proposed an amendment to its rules under the Gramm-Leach-Bliley Act to allow auto dealers that finance car purchases or provide car leases to provide online updates to consumers about their privacy policies as opposed to sending yearly updates by mail.

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Filtering by content type: Report

An overview of the FTC’s enforcement, policy initiatives, and consumer outreach and business guidance in the areas of privacy and data security, from January 2016 - December 2016.
A summary of the results of a small-scale study to validate the final set of changes to the prototype privacy notice.

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Filtering by content type: Rule Summary

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...

Filtering by content type: Federal Register Notice

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