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Banks to Broaden Reporting of Suspicious Cyber Activity; Regulators Propose “Enhanced” Cybersecurity Standards

USA - November 22 2016 The fourth quarter of 2016 has seen an uptick in regulatory activity respecting the financial services sector in the cybersecurity space, both at the…

Steven Blickensderfer

New and Disruptive Technologies: The Care and Feeding of the New Economy [Expect Focus - Vol. I, Winter 2016]

USA - May 5 2016 The Consumer Financial Protection Bureau (CFPB ) has taken its first UDAAP action against a consumer financial service provider related to data…

Jason R. Brost, Whitney Fore, Kimberly J. Gustafson, Thomas C. Lauerman, Dawn B. Williams

Financial Institutions Spend More on Cybersecurity

USA - April 26 2016 Financial institutions have been at the forefront of protecting their customers’ personal information, including names, addresses, phone numbers…

Kimberly J. Gustafson

The CFPB Takes First Enforcement Action Related to Data Security Practices

USA - April 25 2016 The Consumer Financial Protection Bureau (CFPB ) has taken its first UDAAP action against a consumer financial service provider related to data…

Kimberly J. Gustafson

CFPB Enters First Enforcement Order Related to Data Security

USA - March 4 2016 On March 2, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) brought its first enforcement order related to data security. The order…

Kimberly J. Gustafson