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May 18, 2015 08:00 pm

FTC Recommends Conditions For Sale of RadioShack Customer Data

itwbennett writes: The FTC has weighed in on the contentious issue of the proposed sale of consumer data by RadioShack, recommending that a settlement with failed online toy retailer Toysmart.com be adopted as a model for dealings going forward. Director of the FTC's bureau of consumer protection Jessica L. Rich wrote in a letter to a court-appointed consumer privacy ombudsman that the agency's concerns about the transfer of customer information inconsistent with RadioShack's privacy promises "would be greatly diminished if certain conditions were met." These include: that the data was not sold standalone, and if the buyer is in the same lines of business, they agree to be bound by the same privacy policies.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/lyRoUWJ46_M/ftc-recommends-conditions-for-sale-of-radioshack-customer-data

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