On August 5, the FDIC released an updated list of banks evaluated for compliance with the CRA in May, June, July and August. In May, the FDIC disclosed a list of evaluations of 56 banks, of which two were rated “outstanding,” 53 were rated “satisfactory,” and one was rated as “needs to improve.”
Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed.
In Cacho v. USHealth Advisors, LLC, 2024 WL 3738869 (M.D. Fla. July 24, 2024), the Court denied Defendant’s motion to dismiss for insufficient service of process, lack of personal jurisdiction, and failure to state a claim.
According to the IBM Cost of a Data Breach 2024 report, the average global breach cost has reached $4.88 million — a significant increase over last year’s $4.45 million and the biggest jump since the pandemic.
The Consumer Financial Protection Bureau (CFPB) today released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed. Under contract-for-deed deals, the seller agrees to turn over a home’s deed only after the buyer completes a series of payments.
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