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.

Regulations 40

Regulations Consumer Federal Trade Commission Privacy 40

PYMNTS

JUNE 24, 2019

Neither issue, according to Target, was related to data security, and all consumer data remained safe secure and private. The move comes a year after privacy researcher Hang Do Thi Duc downloaded 207 million Venmo transactions to prove a similar point. pay for things they wanted to buy in the store.

Venmo 40

Venmo Bitcoin Privacy Request for Comment 40

PYMNTS

NOVEMBER 6, 2017

The numbers are sobering, as always: The Federal Trade Commission (FTC) has found that account takeover fraud is on the rise. Webster asked about customer data privacy as it stands in Europe, and how regulations like General Data Protection Regulation might impact the United States. So, what does the future hold?

Security 43

Security Consumer Office of the Comptroller of the Currency Identity Theft 43

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. GDPR requires that all businesses take a risk-based approach to handling personal data. The Need for Greater GDPR Compliance.

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Rules Authentication Breach Compliance 47

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. These rules cover various aspects such as interchange fees, transaction routing, card acceptance requirements, and data security standards.

Regulations 87

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 87

PYMNTS

JUNE 16, 2019

The speech encompassed privacy violations and data breaches, among other topics, CNBC reported. Cook said, “We see it every day now with every data breach, every privacy violation, every blind eye turned to hate speech, fake news poisoning out national conversation, the false miracles in exchange for a single drop of your blood.”

Federal Trade Commission 40

Federal Trade Commission Privacy Data Breach FTC 40

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.

Breach 63

Breach Security Data Breach Risk Management 63

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.

FTC 46

FTC Federal Trade Commission Data Breach Privacy 46

PYMNTS

FEBRUARY 9, 2017

According to a report by American Banker , Rich joined the FTC in 1991 and has held multiple roles, including deputy director of the consumer protection bureau and associate director of the FTC’s financial practices division. What’s more, Rich said the work at the FTC won’t be impacted by the new government under President Trump. “A

Consumer Protection 40

Consumer Protection FTC Federal Trade Commission Consumer 40

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.

Bitcoin 44

Bitcoin Breach Data Breach FDIC 44

PYMNTS

SEPTEMBER 5, 2018

The move comes amid increasing global focus on matters related to online privacy and data security — and as the idea of regulating social media is gaining currency. Though the focus Wednesday was on Congress, other sectors of federal government are getting more involved in digital privacy issues. Data Security.

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Privacy Security Federal Trade Commission Data Security 41