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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-02-01T18:02:00
GoodRx Holdings agreed to pay $1.5 million as part of a settlement reached with the Federal Trade Commission (FTC) addressing allegations the telemedicine and prescription drug discount provider shared personal health data with third parties for advertising purposes.
GoodRx must overhaul its user consent and data retention practices as conditions of the agreement announced Wednesday by the FTC. The agency’s proposed order, which it hailed as being the first of its kind, was filed by the Department of Justice and must be approved by a federal court before taking effect.
GoodRx was faulted for misrepresenting its compliance with the Health Insurance Portability and Accountability Act (HIPAA) in addition to allegedly monetizing personal health data by sharing the information with advertising platforms including Facebook and Google.
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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.
2023-07-21T16:15:00Z By Kyle Brasseur
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.
2023-05-19T17:02:00Z By Adrianne Appel
Businesses that make false or unsubstantiated claims regarding facial recognition and other biometric technologies could face enforcement from the Federal Trade Commission, the agency warned in a policy statement.
2023-03-02T21:17:00Z By Adrianne Appel
The Federal Trade Commission 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.
2024-11-26T19:59:00Z By Jeff Dale
The U.K. Financial Conduct Authority fined the London branch of Australian-based Macquarie Bank Limited more than 13 million pounds (U.S. $16.3 million) for “serious control failures” that allowed a trader to conceal hundreds of fictitious trades over a 20-month period.
2024-11-26T17:29:00Z By Aaron Nicodemus
French defense and aviation contractor Thales Group is under investigation by authorities in the U.K. and France for allegedly participating in bribery and corruption.
2024-11-26T14:53:00Z By Aaron Nicodemus
Hedge fund manager Scott Bessent, named by Donald Trump on Friday as his nominee for Treasury Secretary, has a clear mandate to deregulate the financial markets should he take the helm.
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