The Federal Trade Commission (FTC) has the power to punish organizations that fail to invest in and deliver robust online security measures, according to ruling by the US Court of Appeals for the Third Circuit. Responding to the ruling, Edith Ramirez, chairwoman of the FTC, said that the decision “reaffirmed” the commission’s view on the matter. She went on to say: “It is not only appropriate, but critical, that the FTC has the ability to take action on behalf of consumers when companies fail to take reasonable steps to secure sensitive consumer information.”
FTC can punish organisations with poor cybersecurity
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