Gramm–Leach–Bliley Act

JTC Confirms Process Security With The Most Recent SOC 1 Type 2 Audit

Retrieved on: 
Wednesday, March 13, 2024
SOC, AICPA, Auditing Standards Board, Gramm–Leach–Bliley Act, Private equity, General counsel, Risk, SAN, Bank, JTC, American Institute, OCC, BSA, Sarbanes, Certified Public Accountant, NES Financial, Regulation, Audit

SAN JOSE, Calif., March 13, 2024 /PRNewswire-PRWeb/ -- JTC has announced the successful completion of its most recent SOC 1 Type 2 audit of functions at its San Jose and Boston offices. The company has voluntarily undergone regular third-party reviews of its technologies, procedures, and control objectives as part of its commitment to minimizing risk and following industry-leading best practices.

Key Points: 
  • SAN JOSE, Calif., March 13, 2024 /PRNewswire-PRWeb/ -- JTC has announced the successful completion of its most recent SOC 1 Type 2 audit of functions at its San Jose and Boston offices.
  • In North America, JTC provides purpose-built solutions to institutional and private clients, allowing US-based clients to expand overseas and international clients to enter US markets.
  • The SOC 1 Type 2 audit is conducted under the SSAE 18 auditing standard.
  • Along with SOC 1 Type 2, JTC also complies with OCC and BSA third-party vendor requirements for financial institutions.

Court Enters $20.3 Million Judgment in FTC Case Against Merchant Cash Advance Operator Jonathan Braun for Deceiving Small Businesses and Unlawfully Seizing Assets

Retrieved on: 
Wednesday, February 14, 2024
Social media, FTC, News, Consumer protection, Small business, Deception, Contempt, Blog, Judgement, Organization, Federal Trade Commission, Gramm–Leach–Bliley Act

As a result of a Federal Trade Commission lawsuit, a federal court has entered a judgment requiring merchant cash advance operator Jonathan Braun to pay $20.3 million in monetary relief and civil penalties.

Key Points: 
  • As a result of a Federal Trade Commission lawsuit, a federal court has entered a judgment requiring merchant cash advance operator Jonathan Braun to pay $20.3 million in monetary relief and civil penalties.
  • The court entered a judgment of $3,421,067 to redress the harm that Braun’s misconduct caused to small businesses.
  • The injunction included a permanent ban from the merchant cash advance and debt collection industries.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Court Enters $20.3 Million Judgment in FTC Case Against Merchant Cash Advance Operator Jonathan Braun for Deceiving Small Businesses and Unlawfully Seizing Assets

Retrieved on: 
Wednesday, February 14, 2024
Social media, FTC, News, Consumer protection, Small business, Deception, Contempt, Blog, Judgement, Organization, Federal Trade Commission, Gramm–Leach–Bliley Act

As a result of a Federal Trade Commission lawsuit, a federal court has entered a judgment requiring merchant cash advance operator Jonathan Braun to pay $20.3 million in monetary relief and civil penalties.

Key Points: 
  • As a result of a Federal Trade Commission lawsuit, a federal court has entered a judgment requiring merchant cash advance operator Jonathan Braun to pay $20.3 million in monetary relief and civil penalties.
  • The court entered a judgment of $3,421,067 to redress the harm that Braun’s misconduct caused to small businesses.
  • The injunction included a permanent ban from the merchant cash advance and debt collection industries.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

The Garden State Joins the Comprehensive Privacy Grove

Retrieved on: 
Saturday, February 3, 2024
FCRA, FERPA, HIPAA, WPA, Accountability Act, GLBA, Act, Applicability, Information, Collection, Blog, U.S. state, Ambiguity, Privacy, Privacy Act, DPA, Adolescence, Emphasis, Language, Law, Exercise, Advertising, COPPA, Sale, NetChoice v. Paxton, Gramm–Leach–Bliley Act, Consumer protection, Bonta, Action, Diagnosis, Ageing, The Act, Speech, Garden State, Division, Risk

On January 16, 2024, Governor Murphy signed S332 into law, making New Jersey the thirteenth U.S. State to adopt a comprehensive privacy law to govern the collection, use, and transfer of personal data. S332 endured a long and circuitous route to enactment, having been introduced in January 2022 and amended six times before being passed [?]

Key Points: 


On January 16, 2024, Governor Murphy signed S332 into law, making New Jersey the thirteenth U.S. State to adopt a comprehensive privacy law to govern the collection, use, and transfer of personal data. S332 endured a long and circuitous route to enactment, having been introduced in January 2022 and amended six times before being passed [?]

Amazon Web Services, Inc. (AWS) Joins Leading Automotive Technical Standards Association, STAR

Retrieved on: 
Monday, January 29, 2024
LVCC, Gramm–Leach–Bliley Act, Data management, STAR, Partner, Amazon Web Services, Communication, Conference, NADA, AWS, Original equipment manufacturer, System, Amazon (company), AMZN, Online shopping

MCLEAN, Va., Jan. 29, 2024 /PRNewswire-PRWeb/ -- The Standards for Technology in Automotive Retail (STAR), the leading automotive IT standards organization, announced today that it has added cloud service provider Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), to its membership. AWS helps provide purpose-built industry solutions to automakers, dealers, and partner technology companies, serving as the preferred global cloud provider for many automotive-related companies focused on transforming their businesses, helping them to improve business-to-business integration, data management, and ultimately, more personalized customer journeys.

Key Points: 
  • Leading cloud solution provider is the latest addition to the standards organization serving OEMs, technology providers, and automotive dealers
    MCLEAN, Va., Jan. 29, 2024 /PRNewswire-PRWeb/ -- The Standards for Technology in Automotive Retail (STAR), the leading automotive IT standards organization, announced today that it has added cloud service provider Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), to its membership.
  • "AWS prides itself on working backwards to address customer challenges and we value STAR as a key industry group to help drive innovation to support automaker, dealer, and automotive technology customers.
  • "As automotive dealers race to comply with the changes to the Safeguards Rule, they need the assistance of trusted dealer information systems service providers like Amazon Web Services", noted JP Garvey, Owner of Garvey Auto Group and Chairman of STAR.
  • STAR and its membership are industry leaders in ushering in the next generation of experiences within the industry by helping define these core operational standards."

Security Services Providers Grow Their Business With This Open Source Solution

Retrieved on: 
Tuesday, January 16, 2024
Security operations center, HIPAA, GLBA, Accountability Act, SIEM, Algorithm, Environment, XDR, CMMC, SOC, Gramm–Leach–Bliley Act, PCI, Cybersecurity Maturity Model Certification, Growth, Medical device

DORAL, Fla., Jan. 16, 2024 /PRNewswire/ -- The cybersecurity landscape is constantly evolving, and Managed Security Services Providers (MSSPs) are at the forefront of this dynamic field. In a striking development, many MSSPs are rapidly expanding their business horizons and boosting profitability by adding Security Operation Center (SOC) and Compliance Management to their offerings. This sudden expansion is largely due to the wide adoption of a revolutionary tool: UTMStack, a free open-source log management (SIEM) and Extended Detection and Response (XDR) that is redefining the cybersecurity and compliance practice.

Key Points: 
  • DORAL, Fla., Jan. 16, 2024 /PRNewswire/ -- The cybersecurity landscape is constantly evolving, and Managed Security Services Providers (MSSPs) are at the forefront of this dynamic field.
  • UTMStack® stands out as a Unified Threat Management Platform, integrating a suite of essential security services.
  • It encompasses threat detection and response, compliance management, SIEM (Security Information and Event Management), vulnerability management, and much more.
  • This cost-effectiveness is a game changer for security providers looking to expand their service offerings while maintaining affordability for their clients.

Multi-Factor Authentication Market - Global Forecast to 2028 with Microsoft, Thales, Okta, Broadcom, OneSpan, Micro Focus, HID Global, Cisco, Ping Identity, and RSA Security Dominating

Retrieved on: 
Tuesday, January 2, 2024
GLBA, HID Global, Microsoft, Passwordless authentication, Federal, SOX, IDS, Government, Gramm–Leach–Bliley Act, PCI, PCI DSS, Micro Focus, PIN, BFSI, PIPEDA, RSA Security, FFIEC, OKTA, Region, SSO, Sarbanes–Oxley Act, Component, Hardware, Exhibition, E-commerce, Overalls, RSA, Communication, Textile

The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Points: 
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • North America leads the global MFA market in terms of the presence of the world's most significant number of MFA vendors.
  • Major vendors in the global MFA market include Microsoft (US), Thales (France), Okta (US), Broadcom (US), OneSpan (US), Micro Focus (UK), HID Global (US), Cisco (US), Ping Identity (US), RSA Security (US).
  • The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.

Multi-Factor Authentication Market - Global Forecast to 2028: Growing Instances of Data Breaches, Rising Adoption of BYOD Trends, and Stringent Regulations to Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, December 29, 2023
Online Privacy, Security, Technology, Software, Internet, Hardware, GLBA, HID Global, Microsoft, Passwordless authentication, Federal, SOX, IDS, Government, Gramm–Leach–Bliley Act, PCI, PCI DSS, Micro Focus, PIN, BFSI, PIPEDA, RSA Security, FFIEC, OKTA, Region, Sarbanes–Oxley Act, Component, Exhibition, E-commerce, Overalls, RSA, Communication, Textile

The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Points: 
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • North America leads the global MFA market in terms of the presence of the world's most significant number of MFA vendors.
  • The major growth drivers for this region are the widespread adherence to data compliance regulations and cloud deployments.
  • The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.

CyberCatch Launches Innovative Solution To Enable Compliance with U.S. Federal Trade Commission Cybersecurity Requirements for Thousands of Non-Bank Financial Institutions

Retrieved on: 
Monday, December 4, 2023
NIST Special Publication 800-53, SAN, Organization, Gramm–Leach–Bliley Act, Risk, CYBE, CMMC, ISO, FTC, Software as a service, Federal Trade Commission, The Company, NIST, FAR, Medical device, Service

VANCOUVER, BC and SAN DIEGO, Dec. 4, 2023 /PRNewswire/ -- CyberCatch Holdings, Inc. ("CyberCatch" or the "Company") ( TSXV: CYBE ), an AI-enabled Software-as-a-Service (SaaS) solution provider of continuous compliance and cyber risk mitigation, is pleased to announce the launch of an innovative solution to enable compliance with U.S. Federal Trade Commission (FTC) cybersecurity requirements under its Safeguards Rule and recent amendment.

Key Points: 
  • VANCOUVER, BC and SAN DIEGO, Dec. 4, 2023 /PRNewswire/ -- CyberCatch Holdings, Inc. ("CyberCatch" or the "Company") ( TSXV: CYBE ), an AI-enabled Software-as-a-Service (SaaS) solution provider of continuous compliance and cyber risk mitigation, is pleased to announce the launch of an innovative solution to enable compliance with U.S. Federal Trade Commission (FTC) cybersecurity requirements under its Safeguards Rule and recent amendment.
  • Now CyberCatch is launching a new solution, FTC Compliance Manager , for the thousands of NBFIs that must perform a compliance risk assessment and implement and maintain cybersecurity controls, and report a cybersecurity incident to the FTC.
  • Our new solution also enables 6 times faster compliance accurately and at an investment less than any other.
  • It is a must-have cyber risk mitigation solution," said Sai Huda, founder and CEO, CyberCatch.

KPA Acquires ComplyNet to Expand Capabilities and Expertise in Automotive Compliance

Retrieved on: 
Wednesday, October 18, 2023
Red Flags Rule, DOT, IRS, Providence Equity, Organization, Advertising, Acquisition, Environmental Health (journal), Software, OSHA, ABLE, EPA, Environment, EHS, Growth, Risk management, Risk, KPA, TD, Gramm–Leach–Bliley Act, Consultant, Privacy, Government, Financial services, Natural gas, Financial adviser, Safety, RV, COLUMBUS, Insurance

WESTMINSTER, Colo. and COLUMBUS, Ohio, Oct. 18, 2023 /PRNewswire-PRWeb/ -- Today, KPA, a leading provider of EHS (Environmental Health, and Safety) and Sales F&I (Sales, Finance, and Insurance) solutions, announced its acquisition of ComplyNet, a dealer compliance software company. ComplyNet provides end-to-end compliance software, encompassing Privacy and Safeguards (P&S), EHS, and Sales F&I and Advertising, designed for dealers in automotive, RV, power sports, marine, and other adjacent automotive segments.

Key Points: 
  • ComplyNet provides end-to-end compliance software, encompassing Privacy and Safeguards (P&S), EHS, and Sales F&I and Advertising, designed for dealers in automotive, RV, power sports, marine, and other adjacent automotive segments.
  • "As KPA works to expand our capabilities and expertise, we're excited to join forces with ComplyNet and provide dealers with a powerful, combined set of solutions..." said Chris Fanning, President and CEO of KPA.
  • We are excited to join forces with a true leader in dealership compliance, and together expand on our capabilities and expertise, and the exceptional value we offer to the industry."
  • With the combination of ComplyNet, KPA is even better positioned to meet the needs of customers in an increasingly regulated environment.