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The startup’s tools help banks and consumers deter account takeover in the aftermath of a data breach.February 20
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Under terms of the settlement approved by a Georgia court Monday, Equifax may also have to pay an additional $125 million if the initial amount doesn't cover all the claims.January 16
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The Clearing House is pushing contract terms that would give fintechs quicker access to consumers' financial information, but one large upstart has taken issue with the proposal's language.November 12
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The Federal Trade Commission should look into whether Amazon’s failure to secure its services “constitutes an unfair business practice,” which would violate federal law, Sens. Elizabeth Warren and Ron Wyden wrote the agency's chairman.October 24
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Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.September 24
PartnerStroock & Stroock & Lavan LLP
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Democratic lawmakers and consumer advocates say the remedies offered to consumers by firms like Capital One and Equifax are too difficult to access and not particularly helpful.September 20
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The lawmakers, including Sens. Sherrod Brown and Elizabeth Warren, sent the bank a letter focusing on customers' difficulty enrolling in credit monitoring and identity protection services.September 12
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The company still intends to shut down its data centers next year even as the recent hacking that exposed the data of some 100 million people raised questions about its aggressive embrace of cloud computing.September 10
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At the same time, consumers hold banks to tougher disclosure standards than government agencies, health care organizations and retailers, according to Experian.August 30
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A senior official at the European Central Bank warned that banks embracing external data storage and other digital technology need to face the reality that those systems are inviting targets for hackers.August 19
