FTC Slaps Verkada with $2.9M Fine for Security Failures and Spam Violations
Verkada faces a $2.9 million fine for failing to protect customer information, exposing 150,000 live camera feeds. Despite claiming ‘best-in-class data security tools,’ the FTC found the company lacked basic measures like encryption and secure passwords. The FTC also cited violations of the CAN-SPAM Act.
Hot Take:
So, you’re telling me that a company selling security cameras wasn’t secure? That’s like a locksmith leaving their front door wide open. Verkada, you had one job!
Key Points:
– FTC fines Verkada $2.9 million for failing to protect customer information.
– Hackers accessed 150,000 live feeds, including sensitive locations like schools and hospitals.
– Verkada violated the CAN-SPAM Act by sending 30 million emails without an unsubscribe option.
– FTC identified inadequate encryption, weak network controls, and poor password requirements.
– Verkada must now implement a comprehensive security program with external audits.