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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2022-08-29T18:07:00
An Idaho-based data broker has been sued by the Federal Trade Commission (FTC) for selling geolocation data on hundreds of millions of mobile phone customers that could unveil sensitive personal information without their knowledge or consent.
The lawsuit, filed Monday in U.S. District Court for the District of Idaho, alleges Kochava violated the FTC Act when it purchased, collected, and sold geolocation data on mobile phone customers that could help buyers learn where a particular individual lived, worked, worshipped, and has sought medical or mental health services. The data collected was not anonymized, so buyers could track whether an individual visited sensitive locations like abortion clinics, homeless and domestic violence shelters, or substance abuse facilities, the FTC said.
The agency’s lawsuit seeks to require Kochava to halt the sale of and delete the geolocation data it has collected.
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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.
2022-10-24T21:13:00Z By Adrianne Appel
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.
2022-08-12T16:46:00Z By Aaron Nicodemus
The Federal Trade Commission is seeking comment on potential rules that would penalize companies that suffer data breaches due to lax cybersecurity protocols and punish firms that engage in abusive commercial surveillance practices.
2024-11-22T14:39:00Z By Aaron Nicodemus
Eight business executives, including the billionaire owner of Indian energy company Adani Group, were charged with fraud for their alleged roles in a multi-million bribery scheme to win a solar energy contract in India.
2024-11-21T20:19:00Z By Oscar Gonzalez
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
2024-11-20T18:15:00Z By Aaron Nicodemus
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
2024-11-19T21:05:00Z
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
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