Links in “FTC”
- FTC Does Not Intend to be Upstaged by CFPB
FTC signals it won't be taking a backseat to the CFPB when it comes to FDCPA enforcement with its annual summary of debt collection practices. [3/6]
- FTC Identifies Top Three Consumer Complaints
FTC's annual analysis of consumer complaints identifies top three categories of complaints, which involve identity theft, debt collection, and banks and lenders. [3/4]
- FTC Seeks National Law on Data Security
In testimony before Senate Judicial Committee, FTC seeks expanded powers and enforcement capacity (penalties)Â to reduce security breaches and promote compliance with UDAAP, GLBA, FCRA, and COPPA. FTC further seeks national law requiring controls and consumer notification of security breaches. [2/5]
- FTC Testifies on Data Security before SBC
FTC testifies before Senate Banking Committee on agencyâs ongoing efforts to promote data security through civil law enforcement, education, and policy initiatives. Notes 50 data security settlements reached for unreasonable data security measures and related weaknesses. Expect increase on IT security for 2014. [2/4]
- FTC Supports NACHA Proposed Reduction in Limit Monitoring
ACH transactions with high levels of return often signify potential fraud and related issues. FTC supports reduction (1% to 0.5%) for triggering an inquiry and/or conducting monitoring. [1/27]
- FTC Expands Attack on Phony Mortgage Relief Companies
South Florida-based company faces expanded efforts and permanent ban for alleged mortgage relief scam resulting in largest FTC judgment to date against a purported mortgage assistance relief provider. [1/15]
- FTC Delivers Strong What-Not-to-Do in Marketing
Ongoing regulatory battle against deceptive marketing includes latest FTC efforts against 10 dealerships for deceptive marketing practices. Review of complaints will provide marketing personnel insights into what not to do. [1/10]
- CUNA to Collect Data on Costs of Target Breach
CUNA is asking credit unions to keep a tally of their costs for replacement cards and for fraudulent charges and report the information to a data collection website that CUNA is developing. The aftershocks of the breach are continuing to occur. The FTC is warning consumers that scammers are already sending out phony Target emails offering help with compromised cards. [12/27]
- New COPPA Method Approved
New Childrenâs Online Privacy Protection Act (COPPA) parental consent method approved by FTC is knowledge-based identification or âout-of-walletâ information, which focuses on info that cannot be determined by looking at an individualâs wallet and are difficult for someone other than the individual to answer. [12/24]
- Once More to COPPA
FTC seeks comments on IVeriFly verifiable parental consent method for COPPAs to ensure that the person providing the consent is actually the childâs parent. [12/17]
