Tag Archives: Federal Trade Commission

FTC Issues New Guidance for Tenant Background Screening

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Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) has issued new guidance for landlords who use background checks to screen tenants and for tenant background screening companies to help them comply with the federal Fair Credit Reporting Act (FCRA) which the FTC helps enforce. Continue reading

FTC Issues Data Breach Response Guide for Businesses

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Written By ESR News Blog Editor Thomas Ahearn

With massive data breaches like the one affecting 500 million Yahoo users in the news lately, the Federal Trade Commission (FTC) has issued a new Data Breach Response: A Guide for Business that outlines the steps that businesses should take when experiencing a data breach. Continue reading

FTC Requests Public Comment on Disposal Rule for Consumer Report Information and Records

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Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) is seeking public comment on the Disposal Rule formally known as the ‘Disposal of Consumer Report Information and Records Rule’ which implements part of the Fair and Accurate Credit Transactions Act of 2003 (FACTA) by requiring consumer report information for business purposes to be properly disposed of through reasonable measures to protect that data from unauthorized access, according to an FTC press release. Continue reading

FTC Releases New Guidance for Employment Background Screening Companies to Help with FCRA Compliance

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Breaking News

Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) has released new guidance for companies in the business of compiling background information for employment purposes called “What Employment Background Screening Companies Need to Know About the Fair Credit Reporting Act (FCRA)” in order to help these companies understand when their work defines them as a Consumer Reporting Agency (CRA) under the FCRA. Continue reading

FTC Files Charges Against Alleged High School Diploma Mills

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Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) has filed charges against two operators of alleged online high schools that claim to be legitimate but are “little more than diploma mills charging anywhere from $135 to $349 for a worthless certificate,” according to a press release on the FTC website. Continue reading

FTC Report on Big Data Outlines Benefits and Risks for Businesses and Consumers

BigData

Written By ESR News Blog Editor Thomas Ahearn

A report released by the Federal Trade Commission (FTC) – Big Data: A Tool for Inclusion or Exclusion? Understanding the Issues – provides recommendations to businesses on how to properly use “big data” analytics while also highlighting the benefits and risks of “big data” for consumers in the United States. Continue reading

Data Furnisher to Pay Over $82,000 to Settle FTC Charges of FCRA Violations

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Written By ESR News Blog Editor Thomas Ahearn

The loan-servicing arm of a Texas-based auto dealer will pay $82,777 in civil penalties as part of a settlement to address Federal Trade Commission (FTC) charges that the company violated the federal Fair Credit Reporting Act (FCRA) Furnisher Rule by failing to have written policies and procedures regarding the accuracy and integrity of reported credit information and failed to properly investigate disputed consumer credit information, according to an FTC press release about the settlement. Continue reading

FTC Report on Internet of Things Urges Best Practices

Internet & Privacy Blogs

Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) has released a detailed report – ‘Internet of Things: Privacy & Security in a Connected World’ – that recommends best practices that businesses can follow to enhance and protect the privacy and security of American consumers in a world of Internet-connected devices. Continue reading

FTC Issues Credit Report Accuracy Study

Credit Report Blogs

Written By ESR News Blog Editor Thomas Ahearn

A follow-up study of credit report accuracy issued by the Federal Trade Commission (FTC) has found that most consumers with previously reported unresolved errors on their credit reports believe that some disputed information on those reports is still inaccurate, according to an FTC press release. The study is available here: Report to Congress Under Section 319 of the Fair and Accurate Credit Transactions Act of 2003. Continue reading