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Ed. Dept. Releases Student Loan Repayment Data

Account Recovery

The Department of Education has released data regarding repayment trends following the end of the student loan payment moratorium with the intention of noting how many borrowers are making their loan payments on time and how the average payment among those making payments has “nearly” returned to its pre-pandemic level.

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CPPA Issues First Enforcement Advisory; Focuses on Data Minimization

Account Recovery

The advisory addresses a topic and a principle known as data minimization. The California Privacy Protection Agency yesterday issued its first enforcement advisory, warning companies about collecting, using, keeping, or sharing more personal information of consumers than needed when processing requests.

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CFPB Warns Companies About ‘Shoddy’ Data Security

Account Recovery

The Consumer Financial Protection Bureau unequivocally announced yesterday that companies with “insufficient data protection or information security” are violating federal law while providing examples of “widely implemented data security practices” that companies can use as a guide to avoid such an accusation.

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Data Breach at Wash. Collection Agency Impacts 3.7M Consumers

Account Recovery

A Washington-based collection agency has reported a data breach to the Attorney General of Maine after being the target of a ransomware attack last year that compromised the personal information of more than 3 million people, according to published reports. The post Data Breach at Wash. Collection Agency Impacts 3.7M

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place.

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Agency Discloses Data Breach, Information on 500k BofA Customers Compromised

Account Recovery

A Pennsylvania collection agency has filed a data breach notification with the Maine Attorney General, indicating that nearly 500,000 consumers were affected by the breach, which occurred last month. The post Agency Discloses Data Breach, Information on 500k BofA Customers Compromised appeared first on AccountsRecovery.net.

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Data Offers Insights Into Collecting From Millennials

Account Recovery

One-third of Millennials … The post Data Offers Insights Into Collecting From Millennials appeared first on AccountsRecovery.net. Driving the News: Two-thirds of Millennials are carrying credit card debt, following by student loans (48%), personal loans (42%), medical debt (42%), and auto loans (40%).

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. It is the tangents of this data that are vital to a successful change management process. Organize ERM strategy, operations, and data. Determine impact tangents.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Karen Hardy, where she will explore: Why risk communication skills are essential for career success How various forms of communication, including storytelling, can influence risk-based decision-making Methods for building storytelling skills via data literacy frameworks Save your seat today!

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists. Cyberthreats have become a serious issue. million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record!