FTC Issues Data Breach Response Guide for Businesses

  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.

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

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 …

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

  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 …

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FTC Reveals Top Ten Consumer Complaints of 2015

  Written By ESR News Blog Editor Thomas Ahearn Debt collection, identity theft, and imposter scams were the most common categories of consumer complaints received by the Federal Trade Commission (FTC) in 2015, according to the FTC’s Consumer Sentinel Network Data Book for January – December 2015 (PDF).

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FTC Files Charges Against Alleged High School Diploma Mills

  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.

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

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 …

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

  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 …

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FTC Report on Internet of Things Urges Best Practices

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.

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FTC Issues Credit Report Accuracy Study

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 …

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FTC and CFPB Interpret FCRA Reporting for Non-Conviction Records

Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have filed a joint amicus brief advocating for the seven-year reporting period for non-conviction records found in the federal Fair Credit reporting Act (FCRA) to begin on date of the charge or filing and not …

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