- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2023-02-01T18:02:00
GoodRx Holdings agreed to pay $1.5 million as part of a settlement reached with the Federal Trade Commission (FTC) addressing allegations the telemedicine and prescription drug discount provider shared personal health data with third parties for advertising purposes.
GoodRx must overhaul its user consent and data retention practices as conditions of the agreement announced Wednesday by the FTC. The agency’s proposed order, which it hailed as being the first of its kind, was filed by the Department of Justice and must be approved by a federal court before taking effect.
GoodRx was faulted for misrepresenting its compliance with the Health Insurance Portability and Accountability Act (HIPAA) in addition to allegedly monetizing personal health data by sharing the information with advertising platforms including Facebook and Google.
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The Federal Trade Commission and Department of Health and Human Services sent letters to approximately 130 hospital systems and telehealth providers regarding potential patient privacy violations and security risks stemming from online tracking technologies.
Businesses that make false or unsubstantiated claims regarding facial recognition and other biometric technologies could face enforcement from the Federal Trade Commission, the agency warned in a policy statement.
The Federal Trade Commission proposed requiring online counseling service BetterHelp to pay $7.8 million as part of a settlement addressing charges it shared clients’ personal health data with Facebook, Snapchat, and other third parties for advertising purposes.
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.
JPMorgan Chase, Wells Fargo Bank, Bank of America, and the company behind online money transfer app Zelle were sued by the Consumer Financial Protection Bureau for allegedly failing to safeguard Zelle’s network and causing customers to lose $870 million, the CFPB alleged.
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.
