PYMNTS

OCTOBER 3, 2016

SEC data breach disclosure rules are vague to say the least. According to Warner, less than 100 of 9,000 public companies have reported a data breach since 2010. “I The reason, according to lawyers, is that breaches are difficult to assess and whether they have an adverse effect is not always straightforward.

Breach 74

Breach Federal Trade Commission Data Breach Rules 74

PYMNTS

JULY 27, 2016

ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. The significant jump in complaints, also a record number for complaints submitted to the Federal Trade Commission, are predicted to worsen in the future.

Credit Cards 43

Credit Cards Federal Trade Commission Data Breach Identity Theft 43

PYMNTS

APRIL 12, 2018

It would also give enforcement authority to the Federal Trade Commission (FTC). Consumer Watchdog pointed out that Facebook’s latest breach violates its 2011 consent decree with the FTC, adding that the social media giant should be fined.

Regulations 40

Regulations Consumer Federal Trade Commission Privacy 40

Nanonets

MAY 31, 2023

billion in 2011 to $32.39 According to the Federal Trade Commission, USA, over 1.4 Data Breaches: Hackers infiltrate the organization's systems or third-party platforms to steal sensitive payment information and use it for fraudulent purposes. Payment fraud has tripled from $9.84

Fraud Detection 52

Fraud Detection Payments Audit Fraud Prevention 52

PYMNTS

SEPTEMBER 18, 2017

Thirty years later, I find their tagline a rather fitting metaphor for the Equifax data breach and the flurry of headlines made by everyone who now wants to take them — and their two credit reporting agency compadres, Experian and TransUnion — out to the regulatory woodshed. Senator Elizabeth Warren (D – Mass.)

Regulations 81

Regulations CFPB Database Consumer Financial Protection Bureau (CFPB) 81

PYMNTS

MARCH 20, 2018

Facebook , the social media giant embroiled in a new consumer data scandal, is being pursued by the Federal Trade Commission (FTC), the main agency for enforcing privacy policies. The FTC should use all of its power to prevent this from ever happening again.”.

FTC 46

FTC Federal Trade Commission Data Breach Privacy 46

PYMNTS

JANUARY 24, 2019

Facebook is facing breakup calls from a handful of advocacy groups that want the Federal Trade Commission to explore breaking up the social media giant. The group argued in the draft letter that Facebook should be forced to unwind those acquisitions because it didn’t protect users’ data.

FTC 46

FTC Federal Trade Commission Request for Comment Data Breach 46