Alston & Bird is pleased to announce that Peter Swire has joined the firm’s Privacy and Security practice as Senior Counsel. Peter was President Clinton’s Chief Counselor for Privacy in the U.S. Office of Management and Budget. He also served as one of five members of President Obama’s Review Group on Intelligence and Communications Technology, formed in the […]
CFPB’s Final Rule Allows Online Privacy Notice Posting In Certain Circumstances
The Consumer Financial Protection Bureau (CFPB) recently published a final rule regarding annual privacy notices from financial institutions to their customers. The rule allows financial institutions that limit their consumer data-sharing and meet other requirements to post their annual privacy notices online rather than delivering them individually. Under the Gramm-Leach-Bliley Act (GLBA), financial institutions generally […]
Giovanni Buttarelli Confirmed as New European Data Protection Supervisor
On November 27, the European Parliament confirmed that Giovanni Buttarelli will serve as the next European Data Protection Supervisor (“EDPS”). Buttarelli will take over for Peter Hustinx, who served as EDPS for 10 years. Prior to his appointment, Buttarelli was the Assistant EDPS, a position which will now be held by Wojciech Rafal Wiewiórowski. Buttarelli’s privacy experience […]
European Data Protection Supervisor Releases Guidelines on Data Protection for Financial Services Regulation
The European Data Protection Supervisor has released guidance to European financial services regulators to help them analyze data protection and privacy in the financial services arena. The guidance sets forth a 10-step methodology to “facilitate policymaking which respects the fundamental rights and freedoms in the [EU Charter of Fundamental Rights] and in particular the rights […]
FTC Settles with TRUSTe Inc. Over Deception Claims
The Federal Trade Commission (FTC) and TRUSTe Inc. entered into a settlement agreement Monday over the FTC’s allegations that the internet privacy certifier deceived consumers about its privacy seal recertification program and allowed its customers to falsely advertise it as a nonprofit entity. Under the settlement, TRUSTe will pay a $200,000 fine and stop making […]