On Monday, Reuters reported that, “Mick Mulvaney, head of the Consumer Financial Protection Bureau, has pulled back from a full-scale probe of how Equifax Inc failed to protect the personal data of millions of consumers.” This leads to further speculation of “how Mulvaney will police a data-warehousing industry that has enormous sway over how much consumers pay to borrow money.”
Reuters reported this week, “In a complaint filed Monday in Philadelphia federal court, Aetna blames the claims administrator Kurtzman Carson Consultants (better known as KCC) for sending out settlement notices that exposed plan members’ medical information. Accusing KCC of gross negligence, Aetna wants the claims administrator to pay all of its costs from the epic notification fail.”
Related: KCC sues Aetna, blames Aetna lawyers in HIV settlement notice fiasco
Law360 is reporting this week that, “Secretary of State Rex Tillerson is aiming to revamp the State Department’s cybersecurity operations, telling a top House lawmaker Tuesday that he is planning to merge two existing offices into a new bureau that will broadly tackle cyberspace and digital economy issues.” The Office of Cybersecurity Coordinator and the Bureau of Economic Affairs’ Office of International Communications and Information Policy will now be combined under one single state department official as the Bureau for Cyberspace and Digital Economy.
EmailMarketingDaily discussed the results of a new study by Javelin Strategy & Research this week. “The number of identity fraud victims in the U.S. rose by 8 percent last year to 16.7 million and the amount stolen hit $16.8 billion, according to a study by Javelin Strategy & Research, supported by Identity Guard, a privacy protection firm.” The study also concluded that “Fraud is conducted in new ways. For one, it is shifting online away from physical stores. This is partly due to the use of embedded chip cards and terminals by retailers.”