FTC Issued Consent Order for GLBA Privacy Rule and Safeguards Rule Violations

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Last Updated on Thursday, 18 June 2009 07:24

Today the FTC issued a consent order against mortgage lender James B. Nutter & Company for GLBA Privacy Rule and Safeguards Rule violations resulting from having an inadequte information security program and safeguards. The requirements will result in, among other actions, 20 years of ongoing activities by James B. Nutter & Company; much more costly than it would have been to have established appropriate information security safeguards to begin with...

See the press release about this at: http://www.ftc.gov/opa/2009/06/p2pnutter.shtm
See the complaint at: http://www.ftc.gov/opa/2009/06/p2pnutter.shtm
You can see the consent order at: http://www.ftc.gov/os/caselist/0723108/090616nutterdo.pdf