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FTC Expands Financial Data Breach Reporting Requirements
Oct. 27, 2023, 7:16 p.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
Consumer lenders such as mortgage brokers, auto dealers and payday lenders must soon report data breaches to the Federal Trade Commission under a revised regulation that mandates public disclosure. The new disclosure requirement will become effective in six months.
auto banking breach breaches breach reporting brokers consumer data data breach data breaches data breach reporting disclosure federal federal trade commission financial financial data ftc institutions mortgage non payday public regulation report reporting requirements trade under
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