FTC Testifies on Security Issues in Global Information-based Economy

by Sabrina I. Pacifici on March 17, 2006

Press release, March 16, 2006: The Federal Trade Commission today told the House Committee on Small Business, Subcommittee on Regulatory Reform and Oversight that protecting consumers’ privacy rights is a top priority for the agency. Lydia Parnes, Director of the FTC’s Bureau of Consumer Protection, told the Committee, “The Commission is committed to aggressive law enforcement, vigorous consumer and business education efforts, and global cooperation to safeguard the security of consumers’ personal information.” To date, the agency has brought 12 data security cases, six spyware and adware cases, more than a dozen financial pretexting cases, and more than 80 spam cases.

  • Prepared Statement (17 pages, PDF) of the Federal Trade Commission: On The State of Small Business Security In A Cyber Economy, Presented by Lydia Parnes, Director, Bureau of Consumer Protection, Before the Subcommittee On Regulatory Reform and Oversight of the Committee on Small Business, United States House of Representatives. (March 16, 2006)
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