As consumer interest in cryptocurrencies like bitcoin has grown, scammers have reportedly become more active in this area. Reported scams include deceptive investment and business opportunities, bait-and-switch schemes, and deceptively marketed mining machines.
FinTech describes the emerging marketplace of new financial technologies. Even as companies innovate in the products they offer and how they offer them, established consumer protection principles apply. Keep up on FinTech developments at the FTC.
Learn the basics for protecting your business from cyber attacks. The business cybersecurity resources in this section were developed in partnership with the National Institute of Standards and Technology, the U.S. Small Business Administration, and the Department of Homeland Security.
Under the Safeguards Rule, financial institutions must protect the consumer information they collect. Learn if your business is a “financial institution” under the Rule. If so, have you taken the necessary steps to comply?
Financial institutions covered by the Gramm-Leach-Bliley Act must tell their customers about their information-sharing practices and explain to customers their right to "opt out" if they don't want their information shared with certain third parties. Is your company following the requirements of the Privacy Rule?
Practical tips for business on creating and implementing a plan for safeguarding personal information.
Ten practical lessons businesses can learn from the FTC's 50+ data security settlements.
The 2017 Stick with Security series on the Bureau of Consumer Protection Business Blog offers additional insights into the ten Start with Security principles, based on the lessons of recent law enforcement actions, closed investigations, and experiences companies have shared about starting with security at their business.
Answers to questions people are asking about the FTC’s Endorsement Guides, including information about disclosing material connections between advertisers and endorsers. The brochure also addresses how those established consumer protection principles apply in social media and influencer marketing.