Mon.Aug 16, 2021

Remove privacy
article thumbnail

No Standing in Data Breach Case Involving “Essentially Useless” Stolen Data

Troutman Sanders

The Central District of California recently dismissed a data breach class action for lack of standing, notwithstanding evidence that the stolen data of 40 million consumers had allegedly been offered for sale on the dark web.

article thumbnail

FFIEC Issues Guidance on Authentication and Access to Financial Institution Services and Systems

Troutman Sanders

On August 11, the Federal Financial Institutions Examination Council (FFIEC) issued guidance, titled “ Authentication and Access to Financial Institution Services and Systems ,” which provides financial institutions with examples of effective authentication and access risk management principles and practices for customers (both business and consumer), (..)

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On August 11, the Federal Financial Institutions Examination Council (FFIEC) released new guidance on risk management principles associated with authentication and access to financial information. State Activities. Federal Activities: On August 13, the U.S.