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- 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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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.
2023-07-21T16:15:00Z By Kyle Brasseur
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.
2023-05-19T17:02:00Z By Adrianne Appel
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.
2023-03-02T21:17:00Z By Adrianne Appel
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.
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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