FTC Tips Data Security Hand In Wyndham Pact
December 10, 2015
Law360
Categories : General
Types : In the News
The Federal Trade Commission in its data security settlement with Wyndham endorsed a popular standard for securing payment card data and set out specific requirements for how to handle a franchisee breach, offering companies valuable insight into the perplexing issue of what the commission expects from them on the data security front, attorneys say.
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“This sort of result was nearly inevitable once the Third Circuit issued its blistering ruling in August,” said Montgomery McCracken Walker & Rhoads LLP partner Michael Hayes, who agreed that the settlement sets a “significant precedent” that the FTC should be expected to attempt to impose against a number of future enforcement targets.
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— Editing by Katherine Rautenberg and Christine Chun.
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