LabMD “will likely” challenge the Federal Trade Commission’s recent decision against it, Bloomberg BNA reports. That ruling said consumers did not have to experience tangible harm in order to trigger a complaint under the FTC Act. Rather, a company’s “lax security” is suitable grounds for an enforcement action, the report states. The ruling “may … influence other legal proceedings where the inability of plaintiffs to demonstrate harm resulting from a data breach of their personal information has been a leading reason for dismissal of their actions,” the report adds. “I'm trying to protect other companies from the FTC,” said LabMD CEO Michael Daugherty.
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