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Hey Nineteen: Nine FTC developments that could impact your business in 2019

Lesley Fair
Steely Dan may be one of the best duos of the rock era. (Sorry, Donnie and Marie fans.) Their song “Hey Nineteen” reminds us to mention some FTC consumer protection developments that could be of interest to your company or clients in 2019. As “Any Major Dude Will Tell You,” when you’re “Reelin’ in the Years” – or at least recapping the past one – consider this non-exhaustive and in-no-particular-order case compilation. Health claims. In 2019, you...

Cybersecurity for small business: Vendor security

Andrew Smith, Director, FTC Bureau of Consumer Protection
Not many small businesses do business these days without the services of third-party vendors, some of whom have access to your company’s sensitive information. Even if you run a tight cybersecurity ship, what happens if your accountant loses a laptop or the payroll company that connects to your network experiences a security breach? Your business could be in jeopardy, of course, but that’s not all. Regardless of the circumstances surrounding the...

Cybersecurity for small business: Tech support scams

Andrew Smith, Director, FTC Bureau of Consumer Protection
An employee gets a phone call, pop-up, or email warning about a problem with the office computer. In an effort to be helpful – or perhaps concerned they clicked on something that caused the glitch – the employee follows instructions to send money, turn over personal information, or provide access to your system. As a small business owner, you know it’s a tech support scam, but are you sure every member of your team has the savvy to spot it? The...

Watch what’s happening at Day 2 of the Data Security hearings

Lesley Fair
It’s Day 2 of the data security discussion, presented as part of the FTC Hearings on Competition and Consumer Protection in the 21st Century – and you can watch the webcast live. Building on yesterday’s discussion, today’s panelists will delve into data security assessments, the U.S. approach to consumer data security, and FTC enforcement in that area. Today’s proceedings begin at 9:30 Eastern Time. And don’t miss a special segment set for 11:15...

Data security hearings start today: Watch the webcast

Lesley Fair
Y ou’ve probably been following the FTC Hearings on Competition and Consumer Protection in the 21st Century. The next two days of hearings – Tuesday, December 11th, and Wednesday, December 12th – will take a deep dive into a topic of interest to just about every business and consumer: data security . No matter where you’re located, it’s easy to participate. Today’s proceedings begin at 10:10 Eastern Time. After opening remarks from Andrew Smith...

Cybersecurity for small business: Business email imposters

Andrew Smith, Director, FTC Bureau of Consumer Protection
When cyber crooks send messages trying to trick people into disclosing passwords or account information, they often mimic a recognizable email address to make it look like it’s coming from a trusted source – for example, from your company. It’s a practice called spoofing and it packs a double wallop. Not only does it put consumers at risk for identity theft, but spoofing can unfairly damage the reputation for trust you’ve worked hard to earn...

If the stars in consumers’ eyes are from cosmetic contacts, they need a prescription

Lesley Fair
What do Hollywood classics Sunset Boulevard , Citizen Kane , Double Indemnity , and Fight Club have in common? They all begin with the end of the story. Because one of the business names used by the defendant in a recent FTC action is HollywoodColorContacts.com, we’ll honor that silver screen tradition by opening with the closer: All contact lenses – including non-corrective decorative lenses use d to change the wearer’s appearance – are medical...

Endorsement enforcement: Deceptive diabetes claims challenged

Lesley Fair
Archeologists report that the first mention of diabetes was in a papyrus excavated from an Egyptian tomb. Roll the scroll out a bit and it wouldn’t surprise us to find an ad (in hieroglyphics, of course) for a pill or potion promising a miracle treatment. Questionable diabetes products have been around for centuries and the latest one to attract law enforcement attention is a dietary supplement called Nobetes. A just-filed FTC action challenges...

Everybody comment now?

Lesley Fair
Willing to wager there’s no plausible connection between 90s dance group C + C Music Factory and the FTC’s just-announced request for public comment about the Red Flags Rule and the Card Issuers Rule, known collectively as the Identity Theft Rules ? You might just lose that bet – and no, it has nothing to do with C + C’s ubiquitous hit, “Everybody Dance Now.” But it has a lot to do with their other big hit, “Things that Make You Go Hmmm.” The...

New twist to grandparent scam: mail cash

Emma Fletcher
In 2018, the Consumer Sentinel Network has seen a striking increase in the median dollar amount that people 70 and over are saying they lost to fraud. Digging into the data, we found some common stories with an unusual twist: people 70 and older report mailing huge amounts of cash to people who pretended to be their grandchildren. People 70 and over rarely report to the FTC that they paid a scammer with cash. But for one particular type of fraud...