Events listed in Gramm-Leach-Bliley Act
Standards for Safeguarding Customer Information
ID 25782
Following a corresponding consultation in 2021 (EventID 13610), the Federal Trade Commission (FTC) has published in the Federal Register its final rule with respect to the notification of unauthorized retrieval of unencrypted customer information from financial institutions. Specifically, the new rule mandates that financial institutions, which include insurance companies, brokers, banks, building societies, mutual funds, and all other entities offering financial products and ...
Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Customer ...
ID 22709
Following the publication of a corresponding press release in March 2023, the U.S. Securities and Exchange Commission (SEC) has now published in the Federal Register its consultation on proposed revisions to Regulation S-P (17 CFR Part 248) which are aimed at enhancing (cyber) security management, customer information protection, and the disclosure of certain data breaches to customers. Among others, the Commission seeks to expand ...
SEC Proposes Changes to Reg S-P to Enhance Protection of Customer Information
ID 22276
The U.S. Securities and Exchange Commission (SEC) has published a press release to announce an upcoming consultation on revisions to Regulation S-P (17 CFR Part 248) which are aimed at enhancing (cyber) security management, customer information protection, and the disclosure of certain data breaches to customers. Among others, the Commission seeks to expand the current requirements under Regulation S-P to **(1) require covered institutions ...