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Showing posts with the label Federal Trade Commission

Office Depot to Pay $25 Million to FTC to Settle Bogus Tech Support Scam

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Office Depot  and a California-based tech support software provider,  Support.com  will  pay $25 Million & $10 Million  respectively to the U.S. Federal Trade Commission (FTC) for  pushing innocent users  into buying the products they didn’t need. According to a recent FTC press release, the agency will use the entire settlement amount to  issue refunds to the customers impacted by the treacherous  Tech Support Scam  cascaded by Office Depot & Support.com. The devious practices of Office Depot were  exposed by Jesse Jones ’ undercover investigation, a renowned news personality from Kiro 7 News Channel. Joe Simons, the Chairman of FTC said that protecting the computers from malware, virus & other cyber threats is an arduous task for the customers. Further, he added that a case like this should send a strong message to the companies that  swindling the users into buying expensive services they do not need can...

Facebook fined with £500,000 over Cambridge Analytica data scandal

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Facebook has been slammed with a fine of £500,000 ($664,000) in the UK for breaking Data Protection laws. The fine was imposed after UK’s data regulator performed a wide ranging investigation into the Cambridge Analytica scandal and found Facebook guilty of non – compliance of GDPR (General Data Protection Regulation) as: * The company failed to protect its user’s personal data. * Facebook guilty as failed to be transparent about how the personal data was being harvested by the third parties. What is Cambridge Analytica?   Cambridge Analytica is a London-based company that helps business and political groups to muster up data on voters during electoral processes. This data is then analyzed to conduct strategic communication and to create effective slogans and campaign messages. The company was started in 2013 as an offshoot of SCL (Strategic Communication Laboratories) group. Social media platforms like Facebook are used as a source to collect data. Cambridge Analytica has ...