If CFPB found a financial institution had suffered a data breach of a similar magnitude, the fines and fees would be astronomical.
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consumer credit reporting agency
If CFPB found a financial institution had suffered a data breach of a similar magnitude, the fines and fees would be astronomical.
Save for the rare instances where high start-up costs or other extreme barriers to entry are present or the potential customer base is extremely limited, most economists agree: Monopolies are bad for consumers. This thinking, now more than a century old, gave rise to the adoption of increasingly more comprehensive laws giving the federal government […]