FTC finalizes settlement with Twitter over privacy

The Federal Trade Commission late last week finalized a proposed settlement with Twitter, resolving charges that the social networking site failed to failed to properly safeguard the data and privacy of its users. As part of the settlement, announced in June, Twitter must create and maintain a comprehensive information security program and succumb to a third-party audit biennially for 10 years. Twitter was also barred for 20 years from misleading consumers about its security and privacy protections. Each subsequent violation may result in a penalty of up to $16,000. – AM