Tag: FTC

CafePress_data_security

FTC Dings Online Retailer CafePress for ‘Shoddy’ Data Security

On By Jaclyn Jaeger

CafePress must enhance its data security practices, and its former owner, Residual Pumpkin, must pay $500,000 to provide redress to data breach victims, to resolve allegations the online retailer failed to secure consumers’ sensitive personal data and covered up a major data breach, the Federal Trade Commission announced on June Read More

Rocket Launch

FTC Sues to Block Lockheed’s Purchase of Rocket Engine Company

On By CC360 Staff

The Federal Trade Commission has sued to block Lockheed Martin’s $4.4 billion proposed deal to buy Aerojet Rocketdyne, the last independent U.S. supplier of missile propulsion systems. The move could signal an emboldened FTC that could look to provide greater scrutiny on deals it considers potentially harmful to competition. Aerojet Read More