Links in “Privacy”
- What Chase and Other Banks Wonât Tell You about Selling Your Data
A researcher at Carnegie Mellon University decided to look at whether banks really adhere to their privacy policies. Her findings may surprise you. [10/18]
- Reporting of Elder Abuse Does Not Violate Privacy Laws
NCUA, in conjunction with the other federal regulatory agencies, has confirmed that reporting elder abuse does not generally violate privacy laws. Reporting of elder abuse is required under the Gramm-Leach-Bliley Act and does not have notice and opt-out provisions. [9/25]
- Customer Signature Requirements (Deposits)
A look at the signature requirements of the deposit side of the institution, the E-Sign Act, and privacy. [8/22]
- OCC Bans Bank Employee for Selling Customer Info
Among other enforcement actions, former banker in South Dakota banned from banking for selling customer information to an outside party, which used that information in a fraudulent check-cashing scheme that cost the bank nearly $50K. [8/19]
- CFPB Seeks Quick Revision to Privacy Act for Use of Social Media
Proposal (comments due 9/16/2013) seeks to expand use and distribution of social media information obtained by CFPB from tweets, facebook, etc. Distribution partners include not so surprisingly the DOJ among others. [8/16]
- FTC Seeks Public Comment on COPPA’s Parental Consent
Requests for public comment focus on proposed AssertID verifiable parental consent for children regarding Childrenâs Online Privacy Protection Rule methods. [8/16]
- 5 Commandments for Protecting Member Information
Five steps any credit union can take to help safeguard member information. [6/6]
- Social Media Policy: Your CU Needs One
CUs are increasingly using social media as a marketing tool, but most donât have a written social media policy to address regulatory compliance, privacy and other important issues; here's what the FFIEC is proposing they do about it. [5/30]
- Amendment Clarifies Shift of Regulatory Authority for Privacy and SAFE Act from NCUA to CFPB
Technical amendments clarify that NCUA's regulations will include cross references to CFPB's regulation. [5/24]
