Posts Tagged ‘Gramm Leach Bliley Act’

FTC Issued Consent Order for GLBA Privacy Rule and Safeguards Rule Violations

Tuesday, June 16th, 2009

Today the FTC issued a consent order against mortgage lender James B. Nutter & Company for GLBA Privacy Rule and Safeguards Rule violations resulting from having an inadequte information security program and safeguards. The requirements will result in, among other actions, 20 years of ongoing activities by James B. Nutter & Company; much more costly than it would have been to have established appropriate information security safeguards to begin with…

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