Register now for better personalized quote!

US mortgage broker settles with FTC over data privacy violations for $120,000

Jan, 07, 2023 Hi-network.com

A US mortgage broker has agreed to pay$120,000 to end a Federal Trade Commission lawsuit alleging the company had breached federal financial privacy rules. The company had posted personal details about consumers in response to negative reviews on Yelp, information such as consumers' income sources, credit history, taxes, health, and family relationships. According to Bloomberg, the company must implement, under the proposed settlement, a comprehensive data security program and designate a senior officer to certify compliance with the order.

tag-icon Hot Tags : Privacy and data protection Jurisdiction

Copyright © 2014-2024 Hi-Network.com | HAILIAN TECHNOLOGY CO., LIMITED | All Rights Reserved.