September 3, 2024 at 08:21AM
The Federal Trade Commission filed a complaint against Verkada, an IP-enabled security camera firm, for poor security practices allowing a hacker to access cameras and sensitive information. Verkada agreed to a $2.95 million settlement but denied the allegations. The proposed order requires Verkada to enhance its security program and refrain from misrepresenting privacy and data security practices.
From the meeting notes, it is clear that the Federal Trade Commission (FTC) has filed a complaint against the security camera firm Verkada, citing poor security practices which allowed a hacker to access customers’ cameras. The complaint alleges that these practices led to breaches and unauthorized access to sensitive information, including video footage from up to 150,000 cameras. Verkada has agreed to settle with the FTC, paying a $2.95 million monetary penalty.
The FTC’s proposed order, which requires approval from a federal judge, will mandate Verkada to implement a comprehensive information security program, prevent misrepresentations about its privacy and data security practices, and pay the $2.95 million penalty. Verkada has clarified that the settlement is related to past email marketing practices and does not imply agreement with the FTC’s allegations.
Furthermore, the complaint alleges that Verkada failed to protect sensitive customer information, violated the Controlling the Assault of Non-Solicited Pornography and Marketing Act (CAN-SPAM Act) through improper email marketing practices, and was aware of undisclosed positive ratings and reviews. The company’s response indicates a focus on moving forward with their mission of protecting individuals and places in a privacy-sensitive manner.
The notes also include related news articles and updates from the FTC on other security and privacy-related matters.