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Your Business Experienced a Ransomware Attack, and It Was Not Prepared – Now What?

Burr Forman

The National Security Council has issued an open letter warning all businesses to be alert and prepared for ransomware attacks. While the IT team is involved in that effort, the internal incident response team should be assembled. It is hard to find a news post without a story on a ransomware attack. Internal Team.

Trade 92
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Data Protection is Critical in Debt Collection: GLBA, Consumer Trust, and Best Practices to Protect Your Business

True Accord

In today’s financial landscape, regulators at both the federal and state level are driving accountability for companies when it comes to data protection and security. Failure to implement these best practices can result in a security incident or worse, a data breach.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge. You may access this interactive tool at [link].

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The bill will amend Section 1692c of the FDCPA to prohibit collectors from threatening to have a covered member reduced in rank, to have his/her security clearance revoked, or to have the covered member prosecuted under the Uniform Code of Military Justice. You may access this interactive tool at [link]. Senate passed a $1.9

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge. State Activities. On October 6, the U.S.

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Impact of The GLBA on Collection Agencies

Nexa Collect

This means all collection agencies must secure consumer data nearly the same way as banks. GLBA covers your employees and even your vendors that have access to your data. This includes your collection letter printing vendor, your software providers that have access to your data, and your Sales Representatives.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

State Activities: On November 17, California’s Department of Financial Protection and Innovation (DFPI) issued a revised notice of second text modifications of proposed regulations under the Debt Collection Licensing Act. For more information, click here. For more information, click here. For more information, click here.