Banking & Finance Law Report

Tag Archives: consumer protection

Consumer Privacy After Dodd-Frank: What Bankers Need to Know

Bankers and other financial product and service providers should expect to provide their consumer customers with far greater access to information than ever before. The financial reform law adopted last year, known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, established a new financial regulatory agency known as the Consumer Financial Protection Bureau. Under … Continue Reading

New Data Breach Strategy Uses Banks and Telephone

Is your phone ringing off the hook? Then you’d better check your bank account. According to the Federal Bureau of Investigation, a new “telephone denial-of-service” attack is combining high-tech and low-tech fraud techniques to steal money from the bank accounts of unsuspecting victims. As reported in the alert issued by the FBI, the scam begins with the … Continue Reading
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