Tag: data security breaches

  • Non-bank financial institutions must report data security breaches: FTC

    Non-bank financial institutions must report data security breaches: FTC

    Non-bank Financial Institutions Must Report Data Security Breaches: FTC In a bid to strengthen data security and protect consumers’ sensitive information, the Federal Trade Commission (FTC) has announced that non-bank financial institutions will be required to report any data security breaches. This decision marks a significant step forward in safeguarding electronic transactions and bolstering trust…