“It would be hard to find a Federal agency where the gap between regulatory power and public accountability is greater,” stated Wayne Abernathy, Executive Vice President for Financial Institutions Policy and Regulatory Affairs at the American Bankers Association, during his testimony about the Consumer Financial Protection Bureau before the House Financial Services Subcommittee on Oversight
Privacy + Cyber
FTC and Oracle Reach Settlement Regarding Java Security Updates
The Federal Trade Commission has settled claims against Oracle that it deceived consumers about security updates to Oracle’s Java Platform, Standard Edition software (Java SE). Java SE, which is used for interactive web browsing, is installed on more than 850 million personal computers.
In its complaint, the FTC alleged that Oracle has known of…
Senators Push for Social Media Background Checks
In the wake of terrorist shootings in San Bernardino, California, a bipartisan pair of U.S. senators urged President Obama to include a review of social media in background screenings of refugees and visa applicants.
“In an era where a growing number of communications takes place on Internet platforms, it would be foolish to ignore this…
CFPB Enforcement Actions Warn Middlemen to Steer Clear of Unfair and Abusive Acts and Practices
On December 17, the Consumer Financial Protection Bureau took action against two major lead aggregators – D and D Marketing, Inc. d/b/a T3 Leads (“T3 Leads”) and Eric V. Sancho d/b/a Lead Publisher (“Sancho”) – seeking monetary and injunctive relief for the alleged unfair and abusive trafficking of personal information.
Lead aggregators buy consumer information, …
LifeLock Pays $100 Million to Settle FTC Claim That it Violated 2010 Order Regarding Consumer Security and Deceptive Advertising
The Federal Trade Commission today announced that LifeLock has agreed to pay $100 million to settle charges that it had violated the terms of a 2010 order by the U.S. District Court for the District of Arizona, requiring LifeLock to secure customer data and change its advertising practices.
The FTC alleged, among other …
Adult Accounts and Child Profiles Compromised in VTech Data Breach
As a result of a November 14 cyber attack on VTech’s Learning Lodge app store, approximately 6.4 million child profiles were exposed in addition to approximately 4.9 million parent accounts. VTech is a retail toy maker that manufactures and sells traditional toys and “smart toys,” such as electronic learning tools with computer capabilities…
Join Us at American Conference Institute’s 18th Advanced Global Legal & Compliance Forum on Cyber Security and Data Privacy & Protection
January 28-29, Park Hyatt Washington, Washington, DC
We are pleased to announce that Troutman Sanders Partners Ronald Raether and Ashley Taylor, Jr. will be featured speakers at this upcoming industry-leading conference.
Mr. Raether will be a speaker on a panel titled “Cyber Security Preparedness: Data Breach Incident Response Teams and Refurbishing Your Governance Programs.” The…
Join us at the Data Breach & Privacy Litigation Conference 2016
Join us at the Data Breach & Privacy Litigation Conference
February 11, 2016; The Julia Morgan Ballroom, 465 California Street, San Francisco
We are pleased to announce that Ronald Raether, partner at Troutman Sanders LLP, will speak at the 2016 Data Breach & Privacy Litigation Conference on Deflecting the Onslaught: Data Breach Litigation Defenses &…
ALJ Delivers Blow to FTC’s Authority to Bring Data Breach Actions Under Unfairness Prong
On November 13, 2015, an administrative law judge dismissed the Federal Trade Commission’s action against LabMD, ruling the FTC failed to show that the laboratory’s alleged conduct caused or would cause harm to consumers. The decision represents a significant blow to the FTC and its ability to bring actions under the unfairness prong of Article…
Continued Debate Over Government Requests Demonstrated By Facebook’s Report
Despite the anti-American sentiments resulting from the Snowden revelations, governments from all over the world have been increasingly demanding data from social media companies. According to Facebook’s latest report on government requests, a growing number of governments are demanding that Facebook turn over data to aid law enforcement investigations. Ironically, other counties are increasingly stepping …