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Daily Dashboard | FTC Settles Charges Against Two Companies Related reading: IAPP web con: 'Mastering the Cyberinsurance Application Process'

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The Federal Trade Commission (FTC) has settled charges against two companies that allegedly failed to protect sensitive data about their business customers--despite claims to the contrary--in violation of federal law. According to an FTC press release, Ceridian Corporation and Lookout Services, Inc., have agreed to the settlement, which will require the companies to "implement a comprehensive information security program" and obtain biennial security audits for the next 20 years. The consent agreements will be subject to public comment through June 2.
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