FTC Settles With CyberSpy Software

The U.S. Federal Trade Commission has reached a settlement with Florida spyware vendor CyberSpy Software, two years after suing the company for selling “100 percent undetectable” keylogging software. Read the full article. IDG News Service...

LifeLock Settles with FTC for $11 Million

LifeLock, an Arizona company promising customers protection from identity theft, has agreed to pay $12 million to settle charges that the company overstated its benefits and used “scare tactics” to gain subscribers. Read the full article. Computerworld...

FTC: P2P Networks Rife With Leaked ID Data

The Federal Trade Commission today finally voiced concern about the long-known problem of data leaking into criminal hands via LimeWire, BearShare, Kazaa and dozens of other peer-to-peer p2p file sharing networks. The FTC put nearly 100 companies and agencies on notice that their employees appear...

Qchex's Fraud-Enabling Biz Gets FTC Smackdown

The Federal Trade Commission has charged those behind the shady online check service Qchex with contempt, and wants daily fines imposed on them until they give up the ghost. The group has launched a new site—a Qchex clone—with the same questionable policies that made Qchex a “dinner bell for...

FTC: ID theft cases surge

The number of identification theft cases surged in 2008, according to a report .pdf based on the Federal Trade Commission’s annual data. In 2008, ID theft was by far the biggest complaint to the FTC, representing 26 percent of complaints. The next biggest complaint — third party and creditor debt...