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.
2025-11-07T22:18:00Z By Adrianne Appel
First Trust Portfolios has been fined $10 million by FINRA for allegedly providing excessive meals, gifts, and other incentives to broker-dealers.
2025-11-06T19:01:00Z By Adrianne Appel
Four U.S. citizens were arrested in California Wednesday in connection with a massive, $346 million international credit card fraud scheme based in Germany, in which compliance officers were allegedly complicit, according to the DOJ.
2025-11-05T18:35:00Z By Oscar Gonzalez
Approximately $9 billion of potential shadow-banking flows tied to Iranian networks in 2024, according to a new analysis from FinCEN. The report highlights how illicit funds are making their way through financial institutions as they meet the requirements of the Bank Secrecy Act (BSA).
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