FTC

SEC, FTC investigating Heartland after data theft

Robert McMillan reports: Federal agencies, including the U.S. Federal Trade Commission (FTC) and the U.S. Securities and Exchange Commission (SEC), have begun investigating Heartland Payment Systems following a massive data breach at the payment processing company. Company President and CFO Robert Baldwin Jr. disclosed the investigations during Heartland’s quarterly conference call with investigators Tuesday,...

CVS Caremark Settles FTC Charges; CVS Pharmacy Also Pays $2.25 Million to Settle Allegations of HIPAA Violations

FTC Press Release: CVS Caremark has agreed to settle Federal Trade Commission charges that it failed to take reasonable and appropriate security measures to protect the sensitive financial and medical information of its customers and employees, in violation of federal law. In a separate but related agreement, the company’s pharmacy chain also has agreed...