Privacy & Information Security Law Blog

On October 22, 2024, the Consumer Financial Protection Bureau finalized a rule concerning the portability of consumers’ personal financial data.

On October 19, 2023, the Consumer Financial Protection Bureau (“CFPB”) proposed a new rule that would provide consumers with more control over their financial information and impose certain requirements on the following types of entities:

On November 14, 2021, the U.S. Department of the Treasury announced a bilateral cybersecurity partnership with the Israeli Ministry of Finance “to protect critical financial infrastructure and emerging technologies” and combat the use of ransomware. The initiative includes the launch of a U.S.-Israeli Task Force on Fintech Innovation and Cybersecurity (the “Task Force”), which seeks to advance the twin goals of encouraging fintech innovation while protecting against cyber threats from nation-state and criminal actors.

On October 22, 2020, the Consumer Financial Protection Bureau (“CFPB”) issued a notice of proposed rulemaking (the “Proposed Rule”) to implement Section 1033 of the Dodd-Frank Act (the “Act”) regarding consumers’ access to their financial information.

Hunton Andrews Kurth LLP is pleased to announce that the firm was recognized in the inaugural Chambers and Partners 2019 FinTech guide. The guide commends the firm for attaining an “excellent reputation for the strengths of its data protection and cybersecurity practice, where it counsels FinTech businesses on privacy issues in commercial contracts and transactional matters.”