The Federal Trade Commission slapped data collection firm Spokeo with an $800,000 fine on Tuesday for collecting details about people’s lives and selling them to would-be employers without protecting those individuals’ privacy.
It’s the first FTC fine involving personal data collected online and sold to potential employers.
The FTC argued in the case that Spokeo was running as a “consumer reporting agency” that violated the Fair Credit Reporting Act (FCRA) by not checking if the data it collected was accurate or would be used for legally permissible purposes.
Spokeo also violated the FCRA by failing to notify people who were rejected from a potential job because of data it sold to… Continue reading…
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