- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-06-26T15:58:00
The Federal Trade Commission’s (FTC) recent children’s privacy enforcement activity leaves no doubt businesses must make complying with the Children’s Online Privacy Protection Act (COPPA) a top priority.
COPPA, which took effect in 2000, prohibits commercial websites and online services from collecting, keeping, using, and disclosing the personal information of children under 13 years old, unless a parent approves.
Earlier this month, the FTC and Department of Justice (DOJ) fined Microsoft $20 million for allegedly violating COPPA through its Xbox video game platform. The agencies alleged from 2015-20 Microsoft collected children’s information, such as full names, email addresses, birth dates, and phone numbers, in the process of setting up their accounts prior to obtaining parental consent and held onto that information even when children didn’t complete the sign-up process.
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The Federal Trade Commission ordered anonymous messaging app creator NGL Labs and its two founders to pay $5 million for unfairly marketed to children and falsely claiming artificial intelligence filtered out bullying messages and threats.
The Federal Trade Commission issued a notice of proposed rulemaking to strengthen data security requirements and modernize certain aspects of the Children’s Online Privacy Protection Act Rule.
The Federal Trade Commission is partnering with Chile, Colombia, Mexico, and Peru to fight cross-border fraud, with other consumer protection authorities invited to join in the future.
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.
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.
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.
