Tag Archives: Gramm-Leach-Bliley Act

Deeper Dive: GLBA-Regulated Financial Institutions Reduce Your Cybersecurity Risk With Rigorous Oversight of Third-Party Service Providers

By Eulonda Skyles on Posted in Data Security Incident Response
Financial institutions that are subject to the Gramm-Leach Bliley Act (GLBA) can find practical tips that address their unique data security challenges in the 2019 Data Security Incident Report (DSIR). It appears that money remains a strong motivating force for many threat actors. According to the 2019 report, finance and insurance remain among the sectors … Continue Reading

New FTC Provides Insights Into Its Plan for a Balanced Approach to Data Privacy and Security

Photo of Carolina AlonsoBy Alan L. Friel, John Busch and Carolina Alonso on Posted in Federal Legislation, GDPR, Online Privacy
This year brought unprecedented focus on consumer privacy – the rollout of the European Union General Data Protection Regulation (GDPR), the Cambridge Analytica controversy and Congressional hearings, a GDPR-light law coming out of California, more and bigger security incidents, and multiple proposals for an omnibus federal data protection law. The Federal Trade Commission (FTC or … Continue Reading

2015 BakerHostetler Incident Response Report Shows One in Five Breaches Involved Paper Records

Photo of Melinda L. McLellanBy Melinda L. McLellan on Posted in Cybersecurity, Data Breach Notification Laws, Data Breaches, Incident Response
BakerHostetler’s inaugural Data Security Incident Response Report offers a wealth of information regarding the causes of data security breaches, the manner in which those incidents are handled, and the legal and regulatory aftermath for affected companies. Among the Report’s interesting takeaways is a rebuttal of the popular assumption that data security incidents are all about … Continue Reading

Credit Unions Continue to Demand New Data Security Standards for Retailers and Right to Recover Losses After a Breach

By Zac Ciullo on Posted in Data Breaches
On September 3, 2014, following the news of a possible breach at Home Depot (which was confirmed on September 8), the National Association of Federal Credit Unions (NAFCU) called on Congress to enact new legislation to hold retailers more responsible for data security breaches. “These continued data breaches will have a chilling effect on our … Continue Reading
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