Samuel Levine, director of the FTC’s Bureau of Consumer Protection, said in the regulatory agency’s own Oct. 9 press release that the proposed settlement order would ensure that Marriott improves its data security practices. Marriott’s poor security practices led to multiple breaches affecting hundreds of millions of customers, Levine said. Under the order that was finalized Friday, Marriott and Starwood are required to establish a comprehensive information security program to help safeguard customers’ personal information, retain personal information only as long as is reasonably necessary, and establish a link on their website that allows U.
S. customers to request the deletion phone numbers philippines of personal information associated with their email address or loyalty rewards account number, according to the release. The companies are also required to review loyalty rewards accounts upon customer request and restore stolen loyalty points. In addition, they are prohibited from misrepresenting how they handle consumers’ personal information and the extent to which the companies protect that personal information. Marriott to Improve Data Security SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’
Suspicious Activity Reports 5 Ways 2024 Kicked Off A New Era for CFOs and Treasury Pros UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions See More In: Cybersecurity, data protection, data security, Federal Trade Commission, FTC, hospitality, Marriott, Marriott International, News, PYMNTS News, regulations, Starwood Hotels & Resorts Worldwide, What's Hot SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’ Suspicious Activity Reports By PYMNTS | December 20, 2024 | Deutsche Bank Deutsche Bank Securities agreed to pay a $4 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it failed to file certain Suspicious Activity Reports (SARs) in a timely manner.
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