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FTC Settles Complaint With Company Over Lax Security of Consumer Data

FTC press release: “A title company that promised consumers it maintained “physical, electronic and procedural safeguards” to protect their confidential financial information, but tossed consumer home loan applications in an open dumpster, agreed to settle Federal Trade Commission charges that its inadequate storage and disposal procedures for sensitive consumer information violated federal laws. The settlement with Nations Title Agency, Inc., Nations Holding Company, and Christopher M. Likens bars deceptive claims about privacy and security policies, and requires that they implement a comprehensive information security program and obtain audits by an independent third-party security professional every other year for 20 years.”

  • In the Matter of Nations Title Agency, Inc., Nations Holding Company, and Christopher M. Likens; File No. 052 3117
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