Verkada’s $2.95M FTC Fine: From CCTV Blunders to Spam Slam
Verkada, infamous for a 2021 hack exposing Tesla and Cloudflare CCTV footage, is fined $2.95 million by the FTC. Surprisingly, the slap on the wrist isn’t for past security failings but for spamming. Yes, Verkada, keep your cameras secure and your emails less annoying!
Hot Take:
Verkada: The company that manages to combine the worst of both worlds—spamming your inbox and letting hackers into your living room. Who knew multi-factor authentication and an unsubscribe button could be so tricky?
Key Points:
– Verkada fined $2.95 million by the FTC, but not for past security breaches.
– 2021 breach involved hacktivists accessing 150,000 CCTV cameras, including those in Tesla and Cloudflare facilities.
– FTC complaint involved spamming allegations, violating the CAN-SPAM Act.
– New security measures mandated, including multi-factor authentication and annual staff training.
– Despite the fine, Verkada recently secured $100 million in venture capital funding.