The Future of FTC Data Security

Earlier this month, Peter Karanjia discussed the future of FTC Data Security surrounding the Wyndham ruling. “What business really needs here is clear rules of the road, and unfortunately when there’s after-the-fact enforcement like this based on broad concepts like unfair practices, that doesn’t provide the clarity that business needs.” Karanjia goes on to highlight the need for clarity from the FTC. “There certainly is a very strong business need in the area of cybersecurity to know what is expected of companies in terms of procedures and practices,” Karanjia said. Statements about expecting businesses not to engage in unfair practices, or expecting businesses to have adequate procedures in place, don't “give the clarity they need,” he said. Read the entire article on Bloomberg’s website.