Data security

TransUnion data breach affects 4.4 million

TransUnion publicly disclosed on Thursday that a cyber incident last month impacted more than 4.4 million people in the U.S. The breach, discovered on July 30, stemmed from unauthorized access to a third-party application that occurred on July 28, TransUnion said in a filing with the Maine attorney general. The company said the unauthorized access […]

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CFPB

Fintech group urges court to uphold CFPB’s open banking rule

Bloomberg News The Financial Technology Association filed a motion for summary judgment in federal court late Sunday, defending a final rule on consumer financial data rights that the Consumer Financial Protection Bureau under the Trump administration refused to uphold. The FTA said in a court filing that consumers cannot share their data without easy access

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