- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2024-03-07T22:33:00
Companies that collect and share consumer data other than names, Social Security numbers, or other details traditionally thought of as personally identifiable information (PII) are being fingered by the Federal Trade Commission (FTC) for violating its rules.
The agency is amid a crackdown on businesses misusing browsing and location data. Any company compiling or selling geolocation data and browsing activity without consumer permission faces potential enforcement, warned the FTC’s Office of Technology in a blog post Monday.
The FTC is casting a wider net because this underlying data can provide “an intimate picture” of a person’s life, including their health conditions, financial status, sexual orientation, and religion. This type of data can also allow a person to be identified.
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Vroom, the former online used car dealer, agreed to pay $1 million to settle allegations by the Federal Trade Commission that it didn’t abide by consumer protection laws, including providing prompt refunds.
Staff at the Federal Trade Commission offered several steps businesses can take to comply with the agency’s upcoming ban on employee noncompete clauses.
Mobile health applications and similar technologies must notify customers following a data breach or risk violating the Federal Trade Commission’s health breach notification rule.
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.
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.
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.
