To the surprise of some, Governor DeSantis recently vetoed a bill that would have provided businesses with a defense to claims arising from “cybersecurity incidents” that lead to data breaches – so long as they met a few critical obligations. According to a June 26 letter from the Governor accompanying his veto, he believed the bill would have resulted in Floridians’ data being less secure because it would have provided for “across-the-board protections for only substantially complying with the cybersecurity standards.”
The Delaware Department of Justice’s Consumer Protection Unit unveiled a new personal data privacy portal designed to assist parents, consumers, and businesses in navigating the upcoming Delaware Personal Data Privacy Act (DPDPA). The act, set to take effect on January 1, 2025, introduces stringent guidelines for handling personal data, granting Delawareans greater control over their information.
In this very competitive financial landscape, credit unions have no choice but to differentiate themselves to attract and retain members. A well-crafted, strategic marketing plan is essential to making this happen. It’s not all inclusive, but here’s a peek behind the curtain of how we craft our credit union strategic marketing plans, walking you through a plan that aligns with your credit union’s mission while also driving growth and member engagement.
A District Court judge in Pennsylvania has denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action lawsuit, ruling the defendant needed to disclose that a partial payment could restart the statute of limitations on a time-barred debt and that a reference to contacting the defendant by phone for further assistance overshadows that disputes must be made in writing.
On July 3, 2024, U.S. District Judge Ada Brown of the Northern District of Texas issued a preliminary injunction against the implementation of the Federal Trade Commission’s (FTC’s) rule adopting a ban on non-competition agreements and clauses, which prevent workers from leaving for a competitor for a certain period of time. The district court ruled, inter alia, that the FTC exceeded its statutory authority in issuing its rule banning non-competes.
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