The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data.
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?
ENFORCEMENT. The FTC’s privacy and data security enforcement experience runs deep, with hundreds of cases filed in recent years. The 2018 Update leads off with a summary of cases, warning letters, and other actions linked to the resources you’re looking for and summarized by topic:
- General Privacy
- Data Security & Identity Theft
- Credit Reporting & Financial Privacy
- International Enforcement
- Children’s Privacy
- Do Not Call.