CFPB nominee signals openness to continuing data-broker work
Jonathan McKernan spoke positively about Rohit Chopra’s rule-making targeting data brokers during a Senate Banking Committee nomination hearing.
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Consumer Financial Protection Bureau
CFPB proposes new rule to regulate expansive data broker industry
The rule would force data brokers to adhere to the same standards as established credit agencies.
Host of House panels getting briefed on major Chinese hacker telecom breaches
The reported scope of the Salt Typhoon hacks has expanded in recent days and weeks, from the incoming president to top U.S. officials.
Fintech company Plaid, consumers reach $58M settlement agreement in privacy suit
Plaid also must reduce the amount of data it stores and give customers more information about its security practices.
Equifax expected to settle breach investigations for $700 million
As part of the settlement, Equifax also must spent $1 billion to improve its digital systems.
Mulvaney: CFPB hit by over 200 data ‘lapses’
Mick Mulvaney revealed Thursday that the agency had suffered some 240 “lapses” in data security over an unspecified time period, in addition to a suspected 800 other…
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Equifax CEO called to testify before Congress about breach
Equifax's chief executive was formally invited Wednesday to testify Oct. 3 before Congress by top members of the House Energy and Commerce Committee.