Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions...In the News

  • Equifax troubles continue as customers were lead to fictitious site. (Maine Public 9.22.2017)
  • Social Security Numbers are under scrutiny as a way to identify individuals. (BDN 9.21.2017)
  • Foreclosures in hurricane hit disaster areas remain low. (DSNews 9/21/17)
  • In months prior to 142 million individual’s personal information hack, Equifax had a “Security Incident” with a payroll-related service. (Maine Public 9.20.17)
  • The Federal Reserve is steering the country towards an economic downfall. (The Hill 9/18/17)
  • Equifax knew of hacks months before disclosing exposure to public. (The Hill 9.18.2017)
  • Kennebunk Savings Bank enforces its no discrimination policy and lets go a high-ranking official of the bank. (PPH 9.18.2017)
  • Chief Financial Officer David Webb and Chief Security Officer Susan Mauldin retire immediately following Equifax breaches. (BDN 9.16.2017)
  • Chatbot assists individuals in suing Equifax over the data breach. (Central Maine 9.14.2017)
  • The Federal Trade Commission (FTC) opens an investigation into the Equifax breaches. (Central Maine 10.14.2017)
  • National Credit Union Administration (NCUA) approves merger of Acadia and EMMC credit unions. (Mainebiz.biz 9.12.2017)
  • Maine’s Bureau of Consumer Credit Protection give advice on Equifax data breach. (Mainebiz.biz 9.11.2017)
  • The Securities and Exchange Commission (SEC) investigates Equifax executive officials’ stocks sold before breach was made public. (The Hill 9.12.2017)
  • Equifax’s website may prevent individuals from suing company. (BDN 9.8.2018)
Topics: Current Events in Banking