CUNA and NAFCU suggested principles the Consumer Financial Protection Bureau (CFPB) should operate under and made other recommendations on the CFPB's structure, rulemaking, and more in a letter sent to the House Financial Services Committee Tuesday. CFPB Director Rohit Chopra is scheduled to testify before the committee Wednesday.
On November 17, 2023, Fidelity National Financial, Inc. filed a notice of data breach with the Securities and Exchange Commission after discovering that a “cybersecurity incident” impacted the company’s computer network. In this notice, FBF explains that “an unauthorized third party accessed certain FNF systems and acquired certain credentials.”
On November 7, 2023, the Consumer Financial Protection Bureau ("CFPB") proposed a new rule, to be codified at 12 C.F.R. § 1090.109, that would bring general-use digital payment processors who process more than five million "consumer payment transactions" annually under the supervision of the CFPB (the "Proposed Rule").
NEW YORK – New York Attorney General Letitia James today warned New Yorkers impacted by a data breach at a medical transcription company, Perry Johnson & Associates, to take action to prevent potential identity theft.
WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved a final rule to implement a special assessment to recover the loss to the Deposit Insurance Fund (DIF) associated with protecting uninsured depositors following the closures of Silicon Valley Bank and Signature Bank.
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