The New York City Department of Consumer and Worker Protection is proposing amendments to its debt collection rules that would strengthen consumer disclosures and update requirements for reports licensed agencies must submit to the department, among other changes.
BALTIMORE, MD (November 7, 2022) – Maryland Attorney General Brian E. Frosh today announced separate settlements with Experian Information Solutions, Inc. (Experian) and TMobile USA, Inc. (T-Mobile) concerning a 2015 data breach experienced by Experian that compromised the personal information of more than 15 million individuals who submitted credit applications with T-Mobile.
The Consumer Financial Protection Bureau is taking steps to potentially incorporate more financial data protection rules into federal regulations to help individuals maintain control over their sensitive information.
The FTC recently took action against the online alcohol marketplace company Drizly and its CEO for alleged security failures. The case arose from a 2018 data breach which was caused – according to the FTC – by poor security measures stemming from the company’s alleged failure to devote sufficient resources or attention to data security.
CUNA Senior Economist Dawit Kebede issued the following statement in response to the Labor Department’s October Employment Situation: “The U.S. economy added 261,000 jobs in October, with service-providing industries responsible for 77% of the growth.