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Daily Dashboard | If Your Biz Has Large Databases, Watch Out for the FTC Related reading: On the pitfalls of reputation economics

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Federal Trade Commission (FTC) Chairwoman Edith Ramirez said her agency plans to police businesses controlling large databases of information, The Hill reports. The agency, she said, will crack down on companies that don’t practice what they preach with consumer data use and those with inadequate data security practices. “Like a vigilant lifeguard,” she said, “the FTC’s job is not to spoil anyone’s fun but to make sure that no one gets hurt.” Ramirez’s speech comes days after FTC Commissioner Julie Brill wrote an op-ed for The Washington Post on cracking down on data brokers. In an open letter, the Direct Marketing Association countered Brill’s assertions. Meanwhile, the FTC has opened up a public comment period on a proposed verifiable consent method for complying with COPPA, submitted by AssertID, Inc. The deadline for comment is September 20.
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