CFPB — The Newest Cop On The Data Privacy Beat

Law360, New York (March 16, 2016, 10:59 AM EDT) -- Paul Besozzi

Deborah Lodge

Phil Zender On March 2, 2016, the Consumer Financial Protection Bureau assessed a $100,000 penalty against Dwolla Inc. in the CFPB's first data security enforcement action. The CFPB thus became the latest federal agency to take action against a company for inadequate protection of sensitive personal information gathered online. The Dwolla consent order addresses both advertising and representations made to the public, as well as internal protection and training relating to data security.

This CFPB action sends a clear message that a company's claims about its data security measures must be accurate, and that any company handling personal...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!