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Business/Financial

Court Says FTC Can Enforce Cyber Actions on Companies

Tuesday, August 25th, 2015

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The United States Court of Appeals for the Third Circuit Monday found the Federal Trade Commission has the authority to bring enforcement actions against companies like Wyndham Worldwide Corporation [WYN] for inadequate consumer cybersecurity precautions.The FTC filed suit against the company in 2012, alleging it conducted in an unfair practice with a deceptive privacy policy in the wake of three successful hacks of Wyndham’s computer systems in 2008 and 2009. As an international hospitality company, hackers stole the personal and…

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