The Federal Trade Commission (FTC) has published its annual Privacy and Data Security Update, detailing major enforcement actions taken in 2023 to protect consumer privacy and ensure companies comply with data protection regulations.
Key areas highlighted in the report:
🔹 Artificial Intelligence (AI) & Privacy Risks – The FTC has launched investigations into AI-driven technologies that process personal data, ensuring compliance with privacy laws.
🔹 Health Data Protections – The FTC has cracked down on companies misusing sensitive health information, particularly in the digital health sector.
🔹 Security Breach Accountability – Organizations failing to secure customer data faced hefty penalties and were required to implement stricter cybersecurity measures.
The report serves as a wake-up call for businesses handling personal data, reinforcing the need to prioritize data protection in an era of rapid technological change.
Source: ftc.gov
