On December 7, the Consumer Financial Protection Bureau (“CFPB”) announced that it was taking action against Atlantic Union Bank over practices the CFPB says misled consumers into enrolling in overdraft services without the proper disclosures. The end result of the action is a $1.2 million penalty owed by Atlantic Union […]
Technology & Intellectual Property Update
CFPB Fines Online Lender $15 million in a New Consent Order
Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) leveled a $15 million dollar penalty against online lender Enova in connection with what the CFPB characterized as widespread illegal conduct. The order follows a 2019 order from the CFPB against Enova that resulted in a $3.2 million penalty. At issue […]
Annual Breach Report
The information contained in this report is a summary of the data collected by a variety of sources regarding data breaches. By studying the breach reports submitted to various government agencies we can draw conclusions surrounding breaches over the past year, including: the type of breaches being used by hacking […]
Meta calls for Federal Privacy Legislation in Wake of Suit Alleging Its Violation of Children’s Privacy Law
Last month we covered the lawsuit brought by the attorneys general of thirty-three states against Meta for claims that its hugely popular social media platforms, Instagram and Facebook, violate the federal children’s privacy law, COPPA, as well as state laws pertaining to unfair and deceptive trade practices. Over the last […]
Meta Sued for Children’s Privacy Law Violations
On October 24, 2023, the attorneys general of thirty-three states, including Nebraska, filed suit against Meta, owner of Facebook and Instagram, alleging that the social media giant engages in unlawful conduct with respect to children on its platforms. In particular, the suit alleges that Meta knowingly fosters addictive and psychologically […]