With identity theft a widespread issue in the financial services industry, banks and ARM companies are under increased pressure to ensure consumers’ sensitive identification, contact, and financial information is kept safe. In fact, a number of recent state and federal laws and regulations codify certain requirements for handling financial data. Firms in the ARM industry must adhere to a host of standards, including the Payment Card Industry Data Security Standard (PCI DSS), the financial privacy and safeguards rules in the Gramm–Leach–Bliley Act (GLBA), the FTC’s Red Flags Rule for identity theft, information security standard ISO 27002, HIPAA and the HITECH Act for the healthcare sector, and the Federal Information Security Management Act of 2002 (FISMA) for those collecting on government contracts. Auditing standard SAS 70 is also required for many in the financial services industry that use outside vendors such as debt collection agencies.
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Mass. Releases Webinar on Examination and Legislation Strategy for Debt Collectors
21 January 2021
FTC Announces Two Information Privacy and Data Security Enforcement Actions
19 January 2021
CFPB Taskforce Report (Part 2): The 19 Focus Areas and 102 Recommendations of Volume 2
7 January 2021
Consumer Data Rulemaking Underway at CFPB: Here Are Four Things Your Company Should Know
28 October 2020
Isolating the Most Important Data Security Events: A Conversation with Brian McManamon
23 June 2020
Data Privacy and Security: What’s Next for Debt Collectors?
10 October 2019
Data Privacy Laws: Is Your Business Ready for What’s Coming?
31 July 2019
Capital One Latest to Be Caught in Data Breach, Affecting 100M Consumers
30 July 2019
CFPB, FTC, and State AGs Settle with Equifax over 2017 Data Breach
22 July 2019
OIG: CFPB’s Internal Complaint-Sharing Tools Effective, but Concerns Over Protecting Sensitive Data
11 July 2019
Data Breach Saga Continues: AMCA Files for Chapter 11 Bankruptcy
18 June 2019
LiveVox Hosts Panel on Digital Adoption with Alorica Financial, Frost-Arnett at insideARM’s 2019 First Party Summit
13 June 2019
Data Security Lessons to be Learned (sponsored)
12 June 2019
Third SEC Filing on AMCA Data Breach, Bringing Total to Over 20M Accounts Stored on Breached System
10 June 2019
Large Data Breach at Healthcare Collection Agency
6 June 2019
Protect Your Data with Ethical Hacking (sponsored)
29 April 2019
Texas Joins the Fray: Consumer Privacy and Data Collection Bills Introduced
4 April 2019
Third Party Vendor Oversight? Check. Transition Period Now Completed, NYDFS Cybersecurity Rules in Full Effect
25 March 2019
FTC Seeks Comment on Data Security and Privacy Rules
14 March 2019
California’s Seventh and Final Public Forum in Review: Vendors, Skip Tracing
7 March 2019