Mar 21, 2016
In this episode...
The FTC is getting into providing guidance on password
Dwolla hit by CFPB and fined $100,000
- Who is the CFPB (Consumer Finance Protection Bureau)?
- This opening sentence is crucial: "The Consumer Financial
Protection Bureau (Bureau) has reviewed certain acts and practices
of Dwolla, Inc. (Respondent, as defined below) and has identified
the following law violations: deceptive acts and practices relating
to false representations regarding Respondent’s data-security
practices in violation of Sections 1031(a) and 1036(a)(1) of the
Consumer Financial Protection Act of 2010 (CFPA), 12 U.S.C. §§
FTC To Study Credit Card Industry Data Security
Bengladesh bank hackers steal ~$100M