WebOct 27, 2024 · Today, the FTC also announced it adopted largely technical changes to its authority under a separate Gramm-Leach Bliley Act rule, which requires financial … WebNov 3, 2024 · On Oct. 27, the U.S. Federal Trade Commission adopted a new Gramm-Leach-Bliley Safeguards Rule. The revision imposes more detailed data security requirements than the original GLB rule promulgated in 2002. Strictly speaking, the rule only applies to financial institutions under the FTC’s jurisdiction. More broadly, however, the …
GAO Recommends Congress Give FTC Penalty Authority to …
WebNov 9, 2024 · New FTC data requirements are coming into effect by year’s end. The changes are expected to have a major impact across industries, including those outside … WebFeb 9, 2024 · On December 9, 2024, the Federal Trade Commission (FTC) issued final regulations (Final Rule) to amend the Standards for Safeguarding Customer Information … home with acreage for sale in troy il
What are the New FTC Requirements for GLBA? - GTB Technologies
WebFeb 9, 2024 · Congress has provided the FTC authority to enforce privacy-focused legislation like the Children’s Online Privacy Protection Act (COPPA) 2 and the Fair Credit Reporting Act. 3 Finally, the... WebNov 9, 2024 · The new FTC requirements mandate all changes to GLBA be implemented by December 2024. The Run-Down Not all the amendments to GLBA are that consequential. The most important changes to the bill are in Section 314.4 which addresses the development, implementation, and maintenance of security regimens. This section has … WebJan 26, 2024 · GLBA overview. The Gramm-Leach-Bliley Act (GLBA) is a US law that reformed the financial services industry, allowing commercial and investment banks, securities firms, and insurance companies to consolidate, and addressed concerns about protecting consumer privacy. It required the Federal Trade Commission (FTC) and other … histogram linearization is also known as