The hearing also explored potential reforms to the Gramm-Leach-Bliley Act to ensure effective and uniform financial data privacy protections for consumers in today’s evolving financial services landscape, while safeguarding innovation and promoting competition.
Lawsuits over how businesses collect and use data have surged, driven largely by aggressive plaintiff’s attorneys leveraging decades-old privacy laws in modern contexts.
Although the NYDFS Cyber Regulations may not apply directly to your business, independent insurance agencies operating in other jurisdictions could still see impacts.
Is a verbal response acceptable or is there a formal way an agency needs to document proof of consent prior to texting?
