PYMNTS

APRIL 12, 2018

Consumer Watchdog has called on Congress to enact legislation that would protect consumers’ online privacy in the wake of Facebook’s data scandal. Facebook has a longtime record of violating privacy, making a show of apologizing, and then going forward to invade privacy again,” said John M.

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Regulations Consumer Federal Trade Commission Privacy 40

PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. Australia and the Philippines are launching inquiries into how Uber handled the data breach. 22), regulators in the U.K.,

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PYMNTS

JULY 23, 2019

Amid privacy concerns, Senate hearings and Libra drama, it’s time for the company to translate it all into their second-quarter earnings report, which is set to publish on Wednesday (July 24). Facebook reached a settlement with the FTC in July, resulting in a $5 billion fine – far over the $3 billion expected.

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PYMNTS

JUNE 16, 2019

The speech encompassed privacy violations and data breaches, among other topics, CNBC reported. In addition, the outlet noted that the speech is the newest in a series where Cook has talked about his data security perspectives. The news comes as Cook called on the U.S.

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FICO

JULY 7, 2020

Additionally, update your privacy settings on social networks to restrict access only to people that you trust. Sign up for free Federal Trade Commission (FTC) scam alerts. The FTC tracks new prevalent scams that you should be aware of. Use the help offered by breached organizations. Do your research.

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PYMNTS

NOVEMBER 27, 2018

Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), Department of Justice (DOJ) and Federal Trade Commission (FTC). after the Information Commissioner’s Office (ICO) ruled that the social media network operator was engaged in “serious breaches of data protection.”.

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Federal Trade Commission Privacy FBI FTC 52

PYMNTS

DECEMBER 1, 2017

The company informed the New York Attorney General, Eric Schneiderman, and the FTC about the October 2016 hack for the first time on Tuesday. Washington State’s AG has already sued the ride-sharing company, alleging it had violated the state’s data breach notification law. authorities seeking an explanation.

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Breach Data Breach Office of the Comptroller of the Currency Federal Trade Commission 57

PYMNTS

APRIL 30, 2018

Among the most significant reforms was the General Data Protection Regulation (GDPR), an EU-wide mandate to strengthen the protection measures impacting EU citizens’ personal data and privacy. ENISA urges organizations to define the boundaries of their data processing systems and the relevant context.

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Rules Authentication Breach Compliance 47

Seon

JUNE 1, 2023

According to the FTC via Statista, 2022 saw the loss of $178 million due to check fraud – ranking it even higher than payment app and payment service-based fraud at $163m. Ultimately, high-security checks protect people’s money and data. While it appears that checks are here to stay, so are the security concerns that come with them.

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Checks Security Fincen Payer 52

Payments Source

JUNE 28, 2018

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

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Breach Security Data Breach Risk Management 63

PYMNTS

JULY 15, 2019

Despite the news over the last year or more about its involvement in fake news, election tampering and user data breaches – and even before that about the bullying, live beheadings and murders broadcast and shared on its platform – people still show up at Facebook’s doorstep every single day. The Facebook Friday.

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Clearly Payments

FEBRUARY 8, 2024

Federal Trade Commission (FTC): The FTC is responsible for enforcing antitrust laws and protecting consumers from deceptive or unfair business practices, including those related to payments. Regulatory efforts focus on safeguarding consumer data privacy and security while fostering innovation and competition.

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Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 85

PYMNTS

JANUARY 9, 2018

8, in the Federal Trade Commission’s first children’s privacy case involving connected toys, VTech Electronics Limited and its U.S. subsidiary agreed to settle charges filed by the FTC after the incident, according to an FTC press release. The Office of the Privacy Commissioner of Canada collaborated with the FTC under the U.S.

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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. election win, gained access to the personal data of 50 million Facebook users and used it to target consumers during the run-up to the election.

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FTC Federal Trade Commission Data Breach Privacy 46

PYMNTS

JANUARY 24, 2019

The group argued in the draft letter that Facebook should be forced to unwind those acquisitions because it didn’t protect users’ data. Facebook has operated for too long with too little accountability,” said Marc Rotenberg, president of the Electronic Privacy Information Center, one of the groups likely to sign the letter.

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PYMNTS

DECEMBER 11, 2017

But that could change if the Senate can pass the Data Security and Breach Notification Act , which would require companies to report data breaches within 30 days. If an individual knowingly conceals a data breach, he or she could face up to five years in prison.

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Bitcoin Breach Data Breach FDIC 44

PYMNTS

JULY 22, 2019

The Federal Trade Commission will soon announce the details of a settlement with Facebook over privacy violations, according to a report by The Wall Street Journal on Monday (July 22). Facebook will create a new board committee that will solely exist to focus on privacy, as part of the settlement. .

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FTC Federal Trade Commission Privacy Settlement 46

PYMNTS

AUGUST 7, 2018

The legislation is expected to “almost certainly pre-empt state regulation of online privacy,” such as California , which has adopted new privacy laws that are some of the toughest in the country. The Journal noted that the legislation should include some of the things that the tech companies are urging.

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