Friday December 18, 2015

LifeLock To Pay $100M To Settle FTC Charges

The Federal Trade Commission has ordered LifeLock to pay $100 million for violating a 2010 federal court order to protect its users.

LifeLock will pay $100 million to settle Federal Trade Commission contempt charges that it violated the terms of a 2010 federal court order that requires the company to secure consumers’ personal information and prohibits the company from deceptive advertising. This is the largest monetary award obtained by the Commission in an order enforcement action.