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FTC settles data security, privacy allegations against TaxSlayer under GLBA

By Amy Miller ( August 29, 2017, 22:30 GMT | Insight) -- The US Federal Trade Commission has agreed to settle allegations that online tax service TaxSlayer violated federal privacy and data security rules for financial companies, the first action the agency has taken under the Gramm-Leach-Bliley Act in five years. TaxSlayer wasn't hit with any fines, but it will have to undergo third-party audits every other year for the next 10 years.The US Federal Trade Commission has agreed to settle allegations that online tax service TaxSlayer violated federal privacy and data security rules for financial companies, the first action the agency has taken under the Gramm-Leach-Bliley Act in five years.  ...

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