#RefreshFriday FTC Rules - More Ammo To Get Ready | Tom Kline of Better Vantage Point

[BillVaughnKMC]

If you missed this, I highly suggest watching it.

 

[Carsten]

Is the the Heckle Fish episode?

IF so I started watching.

 

[Carsten]

credit monitoring is like a TPMS sensor.
Then it becomes like a puncture to the side wall.

 

[Alex Snyder]

Is the the Heckle Fish episode?

Here is the episode we were talking about:

 

[BillVaughnKMC]

The article Tom was highlighting on the show...

Jeff Wyler Automotive notifies consumers of data breach involving personal information

The files detected contained personal information containing full names, dates of birth, Social Security numbers, driver's license or state identification numbers and financial account information.

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An unauthorized third party hacked into Jeff Wyler Automotive Family's computer systems and potentially accessed personal customer information, the auto retail group said Tuesday. The retailer did not say how many individuals were impacted.

The files detected contained personal information containing "full names, dates of birth, Social Security numbers, driver's license or state identification numbers, medical and/or health insurance information and financial account information," the Ohio-based company said in a statement.

Jeff Wyler Automotive Family notified individuals whose information might have been compromised on Tuesday. Consumers were provided best practices on how to respond and given complimentary credit monitoring if their Social Security numbers were compromised.

The unauthorized party accessed the files in late May 2023, Wyler said in a statement. The retail group "contained the incident and commenced an immediate and thorough investigation," it said. Wyler said it has found "no evidence of identity theft or financial fraud" during its investigation, which concluded late last month.

The Federal Trade Commission voted in October to amend existing Safeguard Rules to require nonbanking financial institutions — such as car dealers — to notify the agency no less than 30 days after the discovery of a security breach involving the information of at least 500 consumers. The new amendment takes effect May 13, 2024.

FULL ARTICLE: https://www.autonews.com/finance-insurance/wyler-automotive-notifies-consumers-data-breach

Speaking with my Controller about this today and she wisely said, "Dealerships are really becoming targeted, I swear the FTC put a target on us for hackers." I really wonder how many hackers would never have thought to target dealerships until the FTC gave them all the reasons they should.