FTC Settlement With Spokeo Signals Focus On Data Brokers
Company agrees to pay $800,000 settlement
The Federal Trade Commission today settled its first case with an Internet data broker, an industry the FTC said lacks transparency on the Internet.
Spokeo, a company that calls itself a people search engine and sells its data, agreed to pay $800,000 to the FTC to settle charges that it violated the Fair Credit Reporting Act when it marketed consumer profiles to companies that used them for employee screening.
It's the first FTC case addressing the sale of Internet and social media data for employment screenings since the FTC put data brokers on notice in the agency's final privacy report released in March.
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