The Federal Trade Commission (FTC) has approved its settlement with Upromise, PCWorld reports. The FTC alleged in a complaint that the rebate company's toolbar featured a "personalized offers" setting that collected users' information for targeted ads and, in 2009, began collecting data from users' shopping and banking sites, though its privacy policy said such data "would be filtered out before it was transmitted to the company." The settlement, revealed earlier this year and opened to a public comment period, bars Upromise from making misrepresentations about its policies and requires that it establish an information security program. It also must undergo independent audits for 20 years.
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