Compliance Steps To Take As FCRA Enforcement Widens

This article was originally published by Law360 and is available here and as a PDF here.

Companies that share or sell personal data, use personal data from other companies, or furnish consumer financial information should pay close attention to the Fair Credit Reporting Act as a renewed enforcement priority for the current administration.

While the FCRA is an older privacy statute, regulators in the current administration have pointed to renewed enforcement. The statute itself is complex, and its application to today's consumer data flows can be complicated.

The FCRA remains top of mind for both federal and state enforcers. In remarks at the National Advertising Division Annual Conference on Sept. 17, Federal Trade Commission Bureau of Consumer Protection Director Christopher Mufarrige stated that the agency will "enforce specific laws such as" the FCRA.