Do you feel that you’ve taken sufficient steps to protect your clients’ privacy? Is their data safely nestled within your secure system? If not, you may be at risk of being sued by the Federal Trade Commission (FTC). As reported by The Hill, the U.S. Court of Appeals for the Third Circuit issued a unanimous ruling that an FTC lawsuit against the Wyndham hotel group could go forward. The basis of the lawsuit is that Wyndham did not do enough to protect its customers’ data, having suffered three significant breaches of security in a three year period. These breaches resulted in the credit card information of more than 600,000 customers being released to the hackers.
Because of this ruling, the FTC will, no doubt, become emboldened in its pursuit of inadequate cybersecurity procedures. So far, more than 50 such lawsuits have been filed by the FTC, and it is reasonable to imagine that many more will be coming.
Have you taken the proper steps to protect your customers’ data?