FTC Amends Safeguards Rule to Expand Notification Requirements for Data Breaches and Information Security Events

On October 27, 2023, the Federal Trade Commission (FTC) announced sweeping amendments to its Safeguards Rule. Now non-banking financial institutions will be required to report information security breaches and related events. This includes entities such as mortgage brokers, accountants, investment advisers, car dealers, and payday lenders, all of whom hold significant consumer personal financial information. […]

Arby’s: We Have the Breach! Cautionary Observations on Reputation Management and Cyber Breach Disclosures

Fast food restaurant chain Arby’s Restaurant Group Inc. is known for its great hot roast beef sandwiches and catchy slogan: “We have the Meats!” Arby’s is now communicating a different message; it may be the latest victim of a significant cyber breach. How are we to digest this? We have grown somewhat immune to the […]