Security News

FTC secures first databroker settlement banning sale of sensitive location data
2024-01-15 15:34

Infosec in brief The US Federal Trade Commission has secured its first data broker settlement agreement, prohibiting X-Mode Social from sharing or selling sensitive location data. In its complaint, the FTC accused X-Mode, which sold its assets to successor firm Outlogic in 2021, of selling raw non-anonymized location data collected through its own apps and an SDK for embedding in third-party applications.

FTC Bans Outlogic (X-Mode) From Selling Sensitive Location Data
2024-01-10 08:47

The U.S. Federal Trade Commission (FTC) on Tuesday prohibited data broker Outlogic, which was previously known as X-Mode Social, from sharing or selling any sensitive location data with...

FTC bans data broker from selling Americans’ location data
2024-01-09 20:32

Today, the U.S. Federal Trade Commission banned data broker Outlogic, formerly X-Mode Social, from selling Americans' raw location data that could be used for tracking purposes. Under the order released today, the first time data brokers were barred from sharing and selling users' sensitive location data, Outlogic must now delete all unlawfully collected sensitive location data, including any models or algorithms derived from this data.

FTC offers $25,000 prize for detecting AI-enabled voice cloning
2024-01-04 14:30

The U.S. Federal Trade Commission has started accepting submissions for its Voice Cloning Challenge, a public competition with a $25,000 top prize for ideas that protect consumers from the danger of AI-enabled voice cloning for fraudulent activity. AI can be used to clone someone's voice by analyzing an audio clip of the target speaking to extract unique vocal characteristics and then using the training data to generate new speech.

FTC’s Voice Cloning Challenge
2023-11-16 18:46

The Federal Trade Commission is running a competition “to foster breakthrough ideas on preventing, monitoring, and evaluating malicious voice cloning.”

Finance orgs have 30 days to confess cyber sins under incoming FTC rules
2023-10-31 16:13

The FTC ultimately reduced this to 500, but said it would likely only lead to the additional reporting of a small number of incidents a year - around 5 percent more that would, by the FTC's estimates, affect 155 extra organizations. The 500-consumer cutoff broadly aligns with state laws around data breach reporting in the US. California, for example, requires similar disclosures to be made in the event that 500 state residents are affected by a breach, whereas the cutoff is set at 1,000 individuals in Alabama.

FTC orders non-bank financial firms to report breaches in 30 days
2023-10-30 19:57

The U.S. Federal Trade Commission has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days. "The addition of this disclosure requirement to the Safeguards Rule should provide companies with additional incentive to safeguard consumers' data."

FTC warns of ‘staggering’ losses to social media scams since 2021
2023-10-06 17:07

The Federal Trade Commission says Americans have lost at least $2.7 billion to social media scams since 2021, with the actual number likely many times larger due to severe under-reporting. "Reported losses to scams on social media during the same period hit a staggering $2.7 billion, far higher than any other method of contact," said Emma Fletcher, a Senior Data Researcher at the FTC. "And because the vast majority of frauds are not reported, this figure reflects just a small fraction of the public harm."

FTC accuses DNA testing company of lying about dumping samples
2023-06-21 19:30

The Federal Trade Commission has alleged that genetic testing firm 1Health.io, also known as Vitagene, deceived people when it said it would dispose of their physical DNA sample as well as their collected health data. The company asks users to spit into a tube and uses the customer's genetic data, in combination with a health quiz, to check if a user has, or may soon have, certain health conditions.

FTC: Amazon trapped millions into hard-to-cancel Prime memberships
2023-06-21 15:35

The Federal Trade Commission says Amazon allegedly used dark patterns to trick millions of users into enrolling in its Prime program and trapping them by making it as difficult as possible to cancel the automatically-renewing subscriptions. In the complaint, the FTC says Amazon's deceptive techniques manipulated consumers into signing up for Prime subscriptions without even knowing it, violating both the Restore Online Shoppers' Confidence Act and the FTC Act.