Last Friday's breaking news story by The Wall Street Journal, that the FTC has approved a fine of $5 billion to be imposed on Facebook came may have come as no surprise. But what does this really mean for Facebook? - and how will it affect boardroom conversations about compliance with consumer privacy law?Read More
The Federal Trade Commission’s (FTC) advice on Data Security says; having a sound security plan in place to collect only what [data] you need, keep it safe, and dispose of it securely can help you meet your legal obligations to protect sensitive data.
So, what happens when this sage advice is not taken?
Well, it seems the FTC is taking a much tougher stance on compliance obligations of consent orders it enters into with businesses to settle enforcement actions relating to data breaches.Read More