MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack last year. The company said the investigation deprives it of its fundamental due process rights and that FTC Chair Lina …
Consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark, and a 14% increase over reported losses in 2022, Newly released Federal Trade Commission data shows. Consumers reported …
Facebook Inc. is in talks with U.S. regulators over alleged privacy violations that could force the social-media giant to pay billions of dollars in a record-breaking settlement, according to two people familiar with the matter. The U.S. Federal Trade Commission’s …
A U.S. regulator is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments. The Federal Trade Commission, a consumer protection agency, has asked …
A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cybersecurity, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp of failing to properly safeguard consumers’ information. The 3-0 decision by the 3rd U.S. …
One of the five commissioners of the Federal Trade Commission says her organization has investigated hundreds of cyber security breaches at companies across the country, but has only brought suit 53 times. FTC Commissioner Julie Brill, a Vermont resident who …
Companies are collecting billions of pieces of information about consumers to create individual profiles to more effectively target individuals for coupons or product offers, decide whether a would-be buyer gets a car loan or help people check out a potential …
Federal regulators this week warned several companies that the quick, easy background checks they are providing online might violate the Fair Credit Reporting Act. The Federal Trade Commission sent warning letters to 10 businesses, including sites like 4Nannies.com and USA …
One in twenty American consumers had mistakes on their credit reports that would have increased their interest rates on loans or caused them to pay more for insurance, the Federal Trade Commission said in a report released on Monday. Experian, …
POM Wonderful made deceptive advertising claims in saying that its pomegranate juice and other products would make users healthier, the Federal Trade Commission said on Wednesday. Despite objections from POM, the commission upheld a decision from an internal FTC judge …