compliance

CDK Ransomware Attack: A Comprehensive Overview

Understanding the CDK Ransomware Attack Recently, CDK faced a severe ransomware attack characterized by double extortion tactics. This method involves threat actors encrypting and stealing data, then threatening to leak the information if the ransom is not paid. The attack significantly impacted CDK, which is finally in the recovery phase. In the meantime, they are

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How the 2024 Presidential Election Could Reshape the CFPB

On January 20, 2021, just one hour after President Biden’s inauguration, then Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger resigned from the CFPB at the President’s request.    Kraninger’s resignation reflects the new reality of CFPB Directors articulated in the 2020 Supreme Court decision, Seila Law v. Consumer Financial Protection Bureau. Seila Law held that

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Regulatory Trends in AI

As State and Federal legislative sessions around the U.S. are in full swing, it’s worth checking what’s happening with AI regulatory trends. A look back to the first attempts at AI legislation But first an anecdote.  I was a US Senate Judiciary Committee staffer in 2003 and drafted a data breach bill – S.1350. It

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Auto Intel & National Remarketing Spring Summit 2024

The Auto Intel & National Remarketing Spring Summit 2024 focused on pivotal topics shaping the future of the automotive sector. From Connected Mobility to Investment Capital, Compliance & Regulations to Predictive Analytics, the conference delved into the pressing issues driving the industry forward. In an industry characterized by rapid transformation, keeping pace with change is

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New: American Banker - Sharing information = best defense against AI fraud

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