FTC Loses Data Security Case, But Defendant Loses Too

November 18, 2015 • Published Categories Industry TopicsTags , , , ,

Like the Wyndam Hotel case, the FTC was going after LabMD for suboptimal data security practices that led to consumer harm. Despite winning the case, LabMD has been affected in a big way. The cost and distraction of the legal battle drove the company out of business.

“I call it bitter sweet. It’s like after a murder and the criminal is found guilty,” Daugherty said. “But the person is still dead. LabMD is still dead.”

Very unfortunate.

Click here to read the full Reuters article.

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