FTC held LifeLock in contempt for violating terms of a 2010 federal court order requiring the company to secure consumers’ personally identifiable information and prohibit the use of deceptive advertising. FTC: LifeLock failed to establish and maintain a comprehensive information security program to protect users’ sensitive personal information including their Social Security, credit card and bank account numbers from October 2012 through March 2014. FTC Chairwoman: “The settlement demonstrates the FTC commitment to enforce orders to require reasonable security for consumer data” Lawyer: “Companies need to be conscious of the language of FTC consent orders””]
Source: https://www.databreachtoday.com/lifelock-settles-ftc-case-for-100-million-a-8760