sincity Posted July 4, 2013 Posted July 4, 2013 The U.S. Federal Trade Commission on Tuesday approved a settlement with HTC for not adequately securing its mobile devices. It was discovered that the company's software contained a number of security flaws that "placed sensitive information about millions of consumers at risk." The settlement, which was proposed this past February, requires HTC to issue an update to fix vulnerabilities in a number of devices that were found to affect millions of users. The FTC is also requiring the company to "establish a comprehensive security program designed to address security risks during the development of HTC devices and to undergo independent security assessments every other year for the next 20 years." In addition, any statements made by HTC regarding the security of its devices that are found to be false or misleading could be punishable with fines of up to $16,000 per occurrence. The FTC's press release follows below. Continue reading... View the full article Quote
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