Tag Archives: Disclosure

FTC Seeks Comment on Petition to Modify 2009 Sears Order Concerning Online Browsing Tracking

The Federal Trade Commission (“FTC”) is soliciting public comments on a petition filed by Sears Holdings Management (“Sears”) to reopen and modify a 2009 FTC order regarding the tracking of personal information on their software apps.  The petition is notable for a number of reasons.  First, the Sears consent order was a seminal order in … Continue Reading

Advisory Committee to the Congressional Internet Caucus Discusses Vulnerability Disclosures

Last week, the Advisory Committee to the Congressional Internet Caucus hosted “Hacking: What Color Is Your Hat? Vulnerability Disclosures and the Law,” a discussion on the importance of vulnerability disclosures to protect information systems and  the nation’s cyber security defenses, and how private and public actors can safely encourage vulnerability reporting.  Technology and security companies … Continue Reading

Senators Reintroduce Cybersecurity Legislation for Cars and Planes

Senators Ed Markey (D-MA) and Richard Blumenthal (D-CT) reintroduced a pair of bills today relating to the cybersecurity of cars and aircraft, which would impose affirmative security, disclosure, and consent requirements on manufacturers and air carriers.  The Security and Privacy in Your Car (“SPY Car”) Act and Cybersecurity Standards for Aircraft to Improve Resilience (“Cyber … Continue Reading

FTC Hosts “Putting Disclosures to the Test” Workshop

By Sari Sharoni On September 16, 2016, the Federal Trade Commission (“FTC”) hosted a workshop on the factors that may contribute to the effect disclosures have on consumer behavior. The workshop, “Putting Disclosures to the Test,” included speakers from a wide range of disciplines and industries, who remarked on aspects of disclosure such as consumer … Continue Reading

CFPB Finalizes Rule to Allow Online Privacy Disclosures from Financial Institutions

By Ani Gevorkian On Monday, the Consumer Financial Protection Bureau (CFPB) finalized a rule that promotes more effective privacy disclosures and saves the financial services industry around $17 million dollars.  The new rule permits financial institutions that restrict data-sharing to post their annual privacy notices online rather than delivering them to customers individually.  The rule will … Continue Reading

California Amends Data Breach Legislation

Continuing our coverage of the flurry of bills signed into law by California Governor Jerry Brown last week, we turn now to AB 1710, an amendment to California’s data breach legislation. The data breach amendment makes three notable changes to existing laws regarding personal information privacy: 1.  Requires Companies that Maintain Personal Information to Implement … Continue Reading

Federal Trade Commission Releases Report on Mobile Shopping Apps: Finds Insufficient Disclosures to Consumers

Today, the Federal Trade Commission (“FTC”) issued a staff report examining the consumer-protection implications of popular shopping apps.  These services are intended to ease and enhance the shopping experience by allowing consumers to, for example, compare prices in-store across retailers, collect and redeem deals, or pay for purchases while shopping in brick-and-mortar stores.  The FTC … Continue Reading

When are Public Companies Required to Disclose that They Have Experienced a Material Data Security Breach?

Recent discoveries of data security breaches have raised a perennial question for public companies:  are public companies required by law or practice to provide material updates to their investors when bad things happen?  The answer can be quite surprising.  Disclosure at the Time of the Event As a threshold matter, federal securities law does not … Continue Reading

FTC Cole Haan Closing Letter: Encouraging Pinterest “Pins” in a Contest Can Trigger Endorsement Guidelines

In a closing letter declining to bring enforcement action against shoemaker Cole Haan, FTC staff stated that it believes “Pins” on Pinterest featuring a company’s products can constitute an endorsement of those products, and that if the pins are incentivized by the opportunity to win a significant prize in a contest, contestants should be instructed to label … Continue Reading

What Happened at the FTC Advertising and Privacy Workshop? (Part 1 of 2)

Yesterday, the FTC held a public workshop titled “In Short: Advertising & Privacy Disclosures in a Digital World.”  The workshop explored whether and how the FTC should revise its 2000 guidance concerning advertising and privacy disclosures in the new era of online and mobile technology.   This post will highlight the morning workshop sessions on … Continue Reading
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