By Adrianne Appel2024-02-22T22:14:00
The Federal Trade Commission (FTC) proposed Avast pay $16.5 million and be prohibited from selling any browser data to settle charges the software provider sold consumer information to third parties after promising it would not.
The commission voted 3-0 to issue an administrative complaint against Avast and accept a proposed consent agreement. A description of the consent agreement package will be published in the Federal Register and subject to public comment for 30 days, after which the agency will decide whether to finalize the order.
U.K.-based Avast Limited collected the private browsing preferences of consumers, stored it “indefinitely,” and sold the data without notifying the consumers or obtaining their consent, the FTC alleged in its complaint.
2024-03-22T16:27:00Z By Jeff Dale
The U.S. Department of Transportation is looking to thwart the nation’s 10 largest airlines from monetizing passenger data or selling it to third parties.
2024-03-07T22:33:00Z By Adrianne Appel
The Federal Trade Commission is amid a crackdown on businesses misusing browsing and location data that provide enough information to be used to identify nonconsenting consumers.
2024-02-02T19:01:00Z By Jeff Dale
Software company Blackbaud will be required to delete unnecessary data and boost cybersecurity as part of a proposed settlement with the Federal Trade Commission stemming from a 2020 data breach.
2025-10-17T21:09:00Z By Oscar Gonzalez
Even though the U.S. federal government is currently shut down, the U.S. Securities and Exchange Commission appears to still be at work. The financial regulator is reportedly investigating a major insurance and asset management company over its accounting practices.
2025-10-16T20:38:00Z By Neil Hodge
Europe’s massive financial sector has become a magnet for illicit money flowing through its banks and markets. A new EU agency will be taking the problem head-on to fight against money laundering.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
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