Page 2 - Qualified Individual News Today

The U.S. Department of Education’s Federal Student Aid office recently published detailed information security requirements for higher education institutions that previously or currently service, administer, or aid in the administration of a Federal Student Aid program, noting that IHEs participating in FSA programs fall under the Gramm-Leach-Bliley Act and must comply with its mandates by June 9, 2023.

Originally set to take effect Dec. 9, 2022, eight of the requirements will now be delayed until June 9, 2023. The FTC reevaluated the effective date after covered financial institutions voiced concerns regarding their inability to comply due to the economic impact of COVID-19.

In the event of a data breach, the failure to comply with cybersecurity laws can lead to costly penalties as a recent OAG Consent Order demonstrates...

As the December 2022 deadline to implement the latest Safeguards Rule amendments approaches, 2Secure Corp introduces a comprehensive FTC compliance service for auto dealerships in New Jersey. Ocean Township

As the Federal Trade Commission (FTC) issues new guidance on the revised Safeguards Rule, 2Secure Corp launches a new compliance service for car dealerships. Ocean Township, New Jersey--(Newsfile Corp.

As of January 10, 2022, the FTC’s amendments to the Safeguards Rule (“Amendments”) went into effect, 16 CFR Part 314; RIN 3084-AB35, Standards for Safeguarding Customer Information. The...

The FTC is a federal agency that works to protect consumers from fraudulent, deceptive and unfair business practices. Section 5a of the FTC Act broadly authorizes the FTC to investigate and challenge unfair or deceptive acts or practices in or affecting commerce.

Private funds that are excluded from the definition of "investment company" under sections 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940 ("ICA") will face significantly stricter cybersecurity requirements under the...

Following more than two years of deliberation since proposing amendments to the 2002 Gramm-Leach-Bliley Act (GLBA) Standards for Safeguarding Customer Information...

The Federal Trade Commission (FTC) recently announced significant new information security requirements for non-bank financial institutions subject to the Gramm-Leach-Bliley Act (GLBA)....