Companies that experience data security breaches have a lot to worry about — but their problems encompass much more than responding to irate consumers. The business community also has to worry about the U.S. government, which can penalize e-commerce companies for failing to provide adequate protection for consumers’ personal data. A recent federal court ruling could provide the FTC with more muscle for cracking down on companies whose faulty information technology practices result in the theft or exposure of personal data.
Court Bolsters FTC's Authority to Regulate Cybersecurity
Posted by: John K. Higgins September 16, 2015 10:29 AMCompanies that experience data security breaches have a lot to worry about — but their problems encompass much more than responding to irate consumers. The business community also has to worry about the U.S. government, which can penalize e-commerce companies for failing to provide adequate protection for consumers’ personal data. A recent federal court ruling could provide the FTC with more muscle for cracking down on companies whose faulty information technology practices result in the theft or exposure of personal data.