Written By ESR News Blog Editor Thomas Ahearn On July 25, 2019, New York Governor Andrew M. Cuomo signed the Stop Hacks and Improve Electronic Data Security Act or SHIELD Act (S.5575B/A.5635) into law to protect New Yorkers against data breaches by imposing stronger obligations on businesses handling private customer data to provide proper notification …Continue reading "New York Passes SHIELD Act to Protect New Yorkers Against Data Breaches"
Written By ESR News Blog Editor Thomas Ahearn On July 22, 2019, the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and 48 states, the District of Columbia, and Puerto Rico announced a settlement with Equifax that will provide up to $700 million in monetary relief and penalties for a data breach in …Continue reading "CFPB and FTC Announce $700 Million Settlement with Equifax Over 2017 Data Breach"
Written By ESR News Blog Editor Thomas Ahearn On April 8, 2019, the Internal Revenue Service (IRS) and the Security Summit partners announced that results from 2018 show major progress in the battle against tax-related identity theft along with added protection for thousands of taxpayers and billions of dollars, according to a news release from …Continue reading "IRS Announces Major Progress Made in Battle against Tax-Related Identity Theft"
Written By ESR News Blog Editor Thomas Ahearn On March 29, 2019, United States Senator Elizabeth Warren (D-MA) and Chairman of the House Oversight and Reform Committee Elijah Cummings (D-MD) released the findings of a report entitled “Actions Needed to Strengthen Oversight of Consumer Reporting Agencies” that focused on federal regulation of consumer reporting agencies …Continue reading "GAO Report Recommends Stronger Oversight of CRAs to Protect Consumers against Data Breaches"
Written By ESR News Blog Editor Thomas Ahearn The Internal Revenue Service (IRS) – the nation’s tax collection agency – has kicked off its annual “Dirty Dozen” list of worst tax scams for 2019 by warning taxpayers of the ongoing threat of internet phishing schemes that can lead to tax-related fraud and identity theft, according …Continue reading "IRS Kicks Off Annual “Dirty Dozen” List of Tax Scams by Warning Taxpayers about Phishing Schemes"
Written By ESR News Blog Editor Thomas Ahearn On September 7, 2017, nationwide credit reporting agency Equifax announced that a massive data breach incident had impacted approximately 143 million Americans – almost half of the country – a number that grew to include 145.5 million people in the U.S. The need for background screening firms to ensure …Continue reading "Data Breach Protection and Information Security Will Be Critical Issues for Screening Firms in 2018"
Written By ESR News Blog Editor Thomas Ahearn With the deadline for filing taxes nearing – Tuesday, April 18, 2017, because the usual Tax Day of April 15 falls on a weekend – the Internal Revenue Service (IRS) is offering a Taxpayer Guide to Identity Theft to help taxpayers combat “tax-related identity theft” that occurs …Continue reading "IRS Offers Taxpayer Guide to Identity Theft for 2017"