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FTC Seeks Comment on Proposed Changes to its GLBA Safeguards and Privacy Rules

Data Matters

The Safeguards Rule specifies that financial institutions subject to the FTC’s jurisdiction must develop, implement, and maintain a comprehensive information security program for handling customer data.

Privacy 66
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Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

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FTC Seeks Comment on Proposed Changes to GLBA Implementing Rules

HL Chronicle of Data Protection

The proposed amendments follow the FTC’s receipt of public comments in 2016 regarding the Safeguards Rule as part of the FTC’s regular review cycle. The plan must enable FIs to promptly respond to and recover from security events affecting customer information. The proposed Rule would require FIs to implement an incident response plan.

Privacy 40
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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Deduce offers actionable identity intelligence through event-level telemetry to act against abnormal user activity. GitGuardian is a developer favorite offering a secrets detection solution that scans source code to detect certificates, passwords, API keys, encryption keys, and more. Series D OneTrust 2016 Atlanta, GA 2,000 $926.4