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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-05-04T20:37:00
Facebook violated a 2020 data privacy order that mandated enhanced privacy controls for users, the Federal Trade Commission (FTC) alleged Wednesday, recommending stricter controls be imposed on the social media giant.
The alleged violations came to light after an independent third party conducted an assessment of Facebook’s progress toward meeting the requirements of the 2020 order and found “gaps and weaknesses” in the company’s privacy program, the FTC said in its order to show cause.
Facebook, now known as Meta, violated a 2012 FTC order by giving app developers access to users’ private data as recently as mid-2020, the FTC said. The alleged violations of the 2012 order led to the 2020 order and a $5 billion penalty against the company.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-06-01T20:34:00Z By Adrianne Appel
Amazon is set to pay more than $30 million comprised of a civil penalty and consumer refunds to resolve two separate cases alleging privacy violations regarding its Alexa voice assistant service and Ring doorbell subsidiary.
2023-05-24T19:23:00Z By Adrianne Appel
The U.S. surgeon general issued a “call for urgent action” to policymakers about further limiting social media access for youth, along with enhancing online privacy protections for children.
2023-05-04T20:21:00Z By Neil Hodge
Meta and other Big Tech firms will soon learn if they might be prevented from transferring the personal data of European citizens to the United States in the way they do now.
2024-12-20T17:39:00Z By Aaron Nicodemus
USAA Federal Savings Bank has been hit with its third cease and desist order from the Treasury Department’s Office of the Comptroller of the Currency in the past five years for failing to correct unsafe and unsound banking practices.
2024-12-18T18:08:00Z By Adrianne Appel
Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
2024-12-17T20:57:00Z By Adrianne Appel
The Securities and Exchange Commission charged bankrupt fashion retailer Express with failing to disclose nearly $1 million in perks to a former chief executive, but did not levy a financial penalty thanks to its cooperation, the SEC said.
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