Posts tagged data brokers

data breach, data brokers, data privacy, data protection law, Senator Blumenthal

Blumenthal Bill Bumps Up Big Fines for Data Thefts and Security Breaches

By InfoLawGroup LLP on September 13, 2011

Late last week Senator Richard Blumenthal (D-CT) introduced the Personal Data Protection and Breach Accountability Act of 2011, S.1535, that if ultimately passed would levy significant penalties for identify theft and other "violations of data privacy and security," criminalize as felonies the installation of software that collects "sensitive" PII without clear and conspicuous notice and consent, and specifies requirements that companies collecting or storing the online data of more than 10,000 individuals adhere to data storage guidelines, including auditing the information security practices of contractors and third party business entities. Penalties include up to $10,000 per violation per day up to a maximum of $20,000,000 per violation per individual.

data brokers, data protection, David Vladeck, Fair Credit Reporting Act, FCRA, Federal Trade Commission, FTC, FTC consent, InfoLawGroup, information law group, personal information, privacy enforcement, Segalis, Teletrack

FCRA Violations Result in $1.8 Million FTC Penalty

By InfoLawGroup LLP on June 26, 2011

The Federal Trade Commission announced today that Teletrack, Inc. has agreed to pay $1.8 million to settle charges that the company sold credit reports for marketing purposes, in violation of the Fair Credit Reporting Act (FCRA). According to the FTC's complaint, Teletrack sells credit reports and other services to businesses that mainly serve financially distressed consumers. Teletrack's business customers include pay day lenders, rental purchase stores and non-prime rate auto lenders. These businesses use Teletrack's credit reports to decide whether and on what terms to extend credit to their customers.

bills-, Data Breach Notification Act, data brokers, Federal, Personal Data Privacy and Security Act, S- 139, S- 1490, Senate Judiciary Committee

Will 2010 See the Enactment of a Comprehensive Federal Data Security Law?

By InfoLawGroup LLP on November 05, 2009

Today the Senate Judiciary Committee approved two federal data security bills, Senator Leahy's S. 1490, the Personal Data Privacy and Security Act, and Senator Feinstein's S. 139, the Data Breach Notification Act. Of course, there have been dozens of proposed federal breach notification bills over the past several years, from both sides of the aisle. Senator Leahy's office issued this statement earlier today. While we cannot predict the fate of S. 1490 and S. 139, and we will have future occasion to comment on the bills in more detail, Tanya and I wanted to highlight a few notable provisions now.