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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.
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Synovus Financial Corp appointed Greg Montana, former executive vice president and chief risk officer of Fidelity National Information Services, to its board of directors, effective Jan. 1.
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Purported “testimonial and review” service Rytr agreed to stop selling its program that used artificial intelligence to create fake content as part of a consent order with the Federal Trade Commission.
2024-12-23T19:08:00Z By Jeff Dale
Bank of America avoided a monetary penalty in agreeing to settle charges with the Treasury Department’s Office of the Comptroller of the Currency but was ordered to shore up previously disclosed deficiencies in its Bank Secrecy Act/anti-money laundering (BSA/AML) and sanctions compliance programs.
2024-12-23T12:00:00Z By Aaron Nicodemus
Aviation maintenance services provider AAR Corp. will pay nearly $56 million to settle charges that it violated the Foreign Corrupt Practices Act when it paid bribes to government officials in Nepal and South Africa.
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