- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-01-11T20:38:00
Online alcohol retailer Drizly and its chief executive officer agreed to data security requirements and to be assessed by an independent monitor for up to 20 years as part of a final settlement with the Federal Trade Commission over a data breach that impacted 2.5 million consumers, the FTC announced Tuesday.
The FTC had proposed the measures and filed a complaint against Drizly in October, alleging the company and CEO James Cory Rellas knew about security vulnerabilities and ignored them.
Customer emails, addresses, phone numbers, and other data were unnecessarily stored by the company on an insecure platform with gaps that allowed hackers to gain access, the FTC alleged.
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The Federal Trade Commission announced a tentative settlement with online alcohol delivery platform Drizly and its chief executive officer regarding a data breach affecting 2.5 million consumers and the alleged lax security that allowed it to happen.
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