- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-03-02T21:17:00
The Federal Trade Commission (FTC) proposed requiring online counseling service BetterHelp to pay $7.8 million as part of a settlement addressing charges it shared clients’ personal health data with Facebook, Snapchat, and other third parties for advertising purposes.
If the agency’s order against BetterHelp becomes final, it would be the first FTC action that remunerates consumers for violations involving private health data, according to a press release Thursday. The $7.8 million would be used to provide partial refunds to consumers who paid for BetterHelp’s services between August 2017 and December 2020.
The commission voted 4-0 to adopt the proposed order. The FTC will decide whether to make it final after a 30-day public comment period.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
The Federal Trade Commission and Department of Health and Human Services sent letters to approximately 130 hospital systems and telehealth providers regarding potential patient privacy violations and security risks stemming from online tracking technologies.
The Federal Trade Commission is keeping close watch on companies that use the term “artificial intelligence” when marketing their products.
A bipartisan group of senators is leaning on three telehealth firms accused of tracking and sharing patients’ sensitive personal information with advertising platforms like Google and Facebook.
Financial services firm Cantor Fitzgerald will pay a $6.75 million fine to the Securities and Exchange Commission for making misleading statements regarding two special purpose acquisition companies that it controlled.
A lack of supervision and internal controls at Morgan Stanley Smith Barney allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC said in charging the firm.
A subsidiary of McKinsey & Co. will pay nearly $123 million to the Department of Justice to settle allegations that it bribed officials in South Africa to win consulting contracts.
