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Daily Dashboard | FTC Approves Dave & Buster's Settlement Related reading: On the pitfalls of reputation economics

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The Federal Trade Commission (FTC) has approved a final settlement order with entertainment operation Dave & Buster's, settling charges that the company failed to protect consumers' information. According to an FTC press release the company's inadequacies led to the theft of 130,000 debit and credit cardholders' data, resulting in several hundred thousand dollars of fraudulent charges. To settle the charges, the company will establish a program to protect customers' data and subject itself to biennial audits for the next decade. The FTC vote approving the final order was 4-0, with Commissioner Edith Ramirez not participating.
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