October 9, 2024 at 05:16PM Marriott will pay a $52 million penalty and enhance its cybersecurity practices following data breaches from 2014 to 2020 that affected 344 million individuals. Settlements with state attorneys general and the FTC mandate improved data security measures and customer rights regarding personal information without admitting liability. ### Meeting Takeaways: 1. … Read more
September 30, 2024 at 06:05PM T-Mobile US has agreed to pay a $31.5 million settlement after a series of cybersecurity breaches affecting millions of customers. The agreement requires the company to invest in its information security program, including appointing a chief information security officer, implementing a zero-trust security framework, and conducting third-party security assessments. The … Read more
September 5, 2024 at 12:37AM Verkada will pay $2.95 million to the US FTC following an investigation into their security failings, not related to past incidents but for spam violations. The company also faced allegations of security lapses, including unauthorized access to CCTV footage. The settlement includes requirements to improve security practices and compliance with … Read more
February 2, 2024 at 04:20PM Blackbaud, facing criticism from the FTC for a data breach that exposed millions of people’s information, has agreed to strengthen its IT defenses. The settlement includes deleting unnecessary customer data, updating its data retention policy, and implementing enhanced security measures. The SEC and attorneys general have also secured settlements over … Read more