Written By ESR News Blog Editor Thomas Ahearn On January 23, 2018, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau (CFPB) – an agency of the U.S. government responsible for consumer protection in the financial sector – sent a memo to employees informing them that the CFPB would continue to fulfill its legal …Continue reading "CFPB To Redirect Mission and Focus Under New Leadership While Enforcing Consumer Protection Laws"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) is hosting Tax Identity Theft Awareness Week from Monday, January 29, 2018, to Friday, February 2, 2018, with a series of free events to help consumers and businesses reduce their chances of becoming tax identity theft victims, according to a press release from the …Continue reading "FTC Hosts Tax Identity Theft Awareness Week from January 29 to February 2"
Written By ESR News Blog Editor Thomas Ahearn On May 25, 2018, the General Data Protection Regulation (GDPR) will take effect as the primary law regulating how companies protect the personal data of citizens in the European Union (EU). The need for U.S. companies to comply with GDPR privacy rules when performing international background screening in the …Continue reading "New Data Protection Regulations for European Union will Elevate Privacy Rules for International Screening in 2018"
Written By ESR News Blog Editor Thomas Ahearn On November 27, 2017, the White House released a statement supporting the legality of President Donald J. Trump’s designation of Mick Mulvaney, the Director of the Office of Management and Budget (OMB), as the Acting Director of the Consumer Financial Protection Bureau (CFPB) just days after the CFPB announced that …Continue reading "President Trump Designates OMB Director Mick Mulvaney as Acting Director of CFPB Amid Controversy"
Written By ESR News Blog Editor Thomas Ahearn On October 18, 2017, the European Commission (EC) published its report on the first annual review of the EU- U.S. Privacy Shield that protects personal data of people in the European Union (EU) transferred to companies in the United States (U.S.) for commercial purposes, according to a press …Continue reading "First Annual Review of EU-U.S. Privacy Shield Shows Data Protected but Also Makes Recommendations"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) – the nation’s primary federal privacy and data security enforcement agency – has announced that it will host a “Informational Injury Workshop” in order to examine questions about injuries consumers suffer when their information is misused on December 12, 2017, according to an …Continue reading "FTC to Host Informational Injury Workshop to Examine Injuries Suffered when Consumer Information Misused"
Written By ESR News Blog Editor Thomas Ahearn Three companies have agreed to settle Federal Trade Commission (FTC) charges that they misled consumers about their participation in the EU-U.S. Privacy Shield Framework designed by the U.S. Department of Commerce and European Commission to allow companies to transfer consumer data from the European Union (EU) to the …Continue reading "Three Companies Agree to Settle FTC Charges Over False Claims of EU-U.S. Privacy Shield Framework Participation"
Written By Employment Screening Resources© (ESR) Employment Screening Resources® (ESR) – a leading global background check firm headquartered in the San Francisco Bay area – has received notification from the U.S. Department of Commerce’s International Trade Administration (ITA) that ESR’s annual submission for its self-certification of adherence to the EU-U.S. Privacy Shield Framework has been finalized and …Continue reading "Employment Screening Resources (ESR) Completes Annual EU-U.S. Privacy Shield Re-Certification"
Written By ESR News Blog Editor Thomas Ahearn On August 2, 2017, the Consumer Financial Protection Bureau (CFPB) ordered JPMorgan Chase Bank, N.A. to pay a $4.6 million penalty for failing to comply with obligations outlined in the federal Fair Credit Reporting Act (FCRA) related to the accuracy of information about consumer checking account behavior provided …Continue reading "CFPB Orders Bank to Pay $4.6 Million Penalty for Violating FCRA Requirements for Checking Account Screening Reports"
Written By ESR News Blog Editor Thomas Ahearn Having consumer protection safeguards in place to ward off unauthorized users and unwanted intrusions is crucial for background screening firms accredited by the National Association of Professional Background Screeners (NAPBS®). These policies and procedures protect the information of individuals during background checks and guard against data breaches and identity …Continue reading "Consumer Protection Safeguards Crucial for NAPBS Accredited Background Screening Firms"