{"id":44284,"date":"2024-03-28T12:13:44","date_gmt":"2024-03-28T16:13:44","guid":{"rendered":"https:\/\/d56fg8tfg.fitnews.club\/finance\/ftc-releases-2023-privacy-and-data-security-update\/"},"modified":"2024-03-28T12:13:44","modified_gmt":"2024-03-28T16:13:44","slug":"ftc-releases-2023-privacy-and-data-security-update","status":"publish","type":"post","link":"https:\/\/d56fg8tfg.fitnews.club\/finance\/ftc-releases-2023-privacy-and-data-security-update\/","title":{"rendered":"FTC Releases 2023 Privacy and Data Security Update"},"content":{"rendered":"
The Federal Trade Commission released its Privacy and Data Security Update for 2023 that highlights the FTC\u2019s work to protect consumer privacy and respond to the evolving ways that companies use consumer data such as in the development of artificial intelligence models and misuse of health data.<\/p>\n
\u201cThe FTC is taking bold actions to challenge the indiscriminate collection and monetization of consumers\u2019 data,\u201d said Samuel Levine, Director of the FTC\u2019s Bureau of Consumer Protection. \u201cWe are securing\u00a0meaningful remedies to protect consumers\u2019 information, rather than placing the burden on consumers to protect themselves.\u201d<\/p>\n
The publication<\/a> <\/strong>highlights the FTC\u2019s privacy and data security work in the last few years. Through 2023, the FTC has brought 97 privacy cases and 169 Telemarketing Sales Rule and CAN-SPAM cases since 1999, as well as\u00a089 data security cases.\u00a0In addition to its law enforcement work, the agency also has engaged in rulemaking and policy work to push companies to bolster privacy protections for consumers and implement safeguards to secure consumer data.<\/p>\n Between 2021 and 2023, the FTC has taken action to address privacy and security threats in several key areas\u00a0including:<\/p>\n The FTC also has remained active in targeting companies that fail to implement reasonable data security measures to protect consumer data. In 2022 and 2023 alone, the FTC announced or finalized enforcement actions against\u00a0Global Tel*Link<\/a>, Drizly<\/a>,\u00a0Chegg<\/a>, and\u00a0CafePress<\/a> for data security failures.<\/p>\n The agency also has worked to ensure companies comply with the Fair Credit Reporting Act, which sets out requirements for companies that use data to determine creditworthiness, insurance eligibility, suitability for employment, and to screen tenants. The FTC has brought 117 FCRA cases and obtained more than $137 million in civil penalties. This includes a 2023 action that the FTC and Consumer Financial Protection Bureau brought\u00a0against Trans Union LLC and a subsidiary<\/a> for failing to ensure the accuracy of tenant screening reports by including inaccurate and incomplete eviction records about consumers, hampering their ability to obtain housing.<\/p>\n In addition to vigorous enforcement, the FTC has engaged in rulemaking and other policy work to establish baseline standards that protect consumers\u2019 privacy. In the past few years, the Commission has proposed rules to\u00a0clarify the applicability of the Health Breach Notification Rule to health apps<\/a>, and\u00a0strengthen COPPA<\/a>. It has also issued an advanced notice of proposed rulemaking to explore rules that would crack down on\u00a0harmful surveillance and lax data security<\/a>, and published a\u00a0policy statement<\/a> that makes clear that is against the law for companies to force parents and schools to surrender their children\u2019s privacy rights to be able to learn remotely.<\/p>\n The lead staffer on this update was Katherine McCarron in the FTC\u2019s Bureau of Consumer Protection.<\/p>\n<\/div>\n\n