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Court News: Court News (6/6/23) | Greene County Daily World

Court News: Court News (6/6/23) | Greene County Daily World
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CFPB Fines Lender Over Sales Practices - ACA International

CFPB Fines Lender Over Sales Practices - ACA International
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New York Regulator Fines Lender Over Cybersecurity Lapses

The $4.25 million fine is the result of a consent order from the New York State Department of Financial Services. OneMain Financial Group says it has since resolved the security issues.

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OneMain Financial NY Cybersecurity Fine $4mil

OneMain Financial Group LLC 4.25 million penalty to New York State for Cybersecurity Failures, inadequate disaster recovery planning, for failure to evaluate adequacy of cybersecurity practices of third party vendors NY financial services requirements 23 N.Y.C.R.R. Part 500

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New York regulators fine OneMain $4 25 million over cybersecurity practices

The New York Department of Financial Services found the company failed to adequately protect itself from data breaches. Since 2018, OneMain has suffered multiple cybersecurity incidents.

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