- Accellion reached a $8.1 million agreement in a nationwide class-action lawsuit in U.S. District Court for the Northern District of California, Reuters reports. The lawsuit was brought against Accellion over a breach in its legacy file transfer product, a platform that allowed companies to securely share large or sensitive files. The company faced allegations by plaintiffs it failed to properly secure sensitive personal information belonging to millions after hackers exploited a vulnerability in Accellion's platform.
- ITMedia Solutions will pay $1.5 million in a settlement with the U.S. Federal Trade Commission over allegations the lead generation company collected and shared millions of consumers’ sensitive information. The FTC alleges ITMedia misled consumers into sharing sensitive data, including Social Security numbers and bank account information, and sold the data to marketing companies and others.
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