Court Says the FTC Can Slap Companies for Getting Hacked

An appellate ruling in a suit against Wyndham Hotels has wide consequences for hacked firms. For companies like the dating site Ashley Madison or the health insurer Anthem, financial loss, customer anger and professional embarrassment aren’t the only consequences of getting massively gutted by hackers. Now a court has confirmed that there’s a three-letter agency that can dish out punishment, too.
Read more: http://ift.tt/1LEiznn