Fergie's Tech Blog

FTC Approves Final Guidance Settlement

Roy Mark writes on internetnews.com:

Guidance Software's settlement with the Federal Trade Commission (FTC) became official today, almost five months after the Pasadena, Calif.-based computer forensics specialist admitted it did not adequately protect customer data.

Victimized by a December 2005 data breach and theft of 4,000 credit card numbers, Guidance agreed to implement a comprehensive information security program, including independent, third-party audits every other year for the next ten years.

The company also will be subject to standard record keeping and reporting provisions to allow FTC monitoring.

The breach of its customer data was particularly embarrassing for Guidance, which provides software that tracks down and collects information on data breaches.

posted by Fergie @ 4/03/2007 03:14:00 PM