FTC Testifies about Data Security and Small Business
According to the Federal Trade Commission (FTC), earlier today (March 8, 2017), Acting FTC Chairman Maureen K. Ohlhausen spoke about the FTC’s continuing efforts in protecting consumers and educating small businesses on ways to keep consumer data secure. “Failing to take reasonable precautions to secure data from identity thieves and other malicious actors hurts consumers and legitimate businesses alike,” Acting Chairman Ohlhausen said in her written testimony. “Data breaches can harm a business’s financial interests and reputation as well as result in the loss of consumer confidence in the businesses to whom they entrust their data. In the case of…
