Financial Privacy and Security

Myriad regulatory liabilities and increased governmental oversight require effective compliance programs, particularly as companies roll out mobile payment platforms and novel means to analyze consumer financial data. We advise and represent companies like you regarding the Gramm-Leach-Bliley Act (GLB), the Fair Credit Reporting Act (FCRA), and the Fair and Accurate Credit Transactions Act of 2003 (FACT Act) and help you apply these existing rules to new technologies and strategies. We provide advice and recommendations for information security best practices and regulatory requirements relating to aggregation and sharing of personal financial information, privacy and security safeguards, outsourcing and breach incident response and notification, and consumer privacy policies.