Ascension Data & Analytics failed to conduct risk assessments of all of its third-party vendors, as required under the Safeguards Rule, the FTC alleged.
In a statement, FTC Bureau of Consumer Protection Director Andrew Smith said, “Oversight of vendors is a critical part of any comprehensive data security program, particularly where those vendors can put sensitive consumer data at risk. If you’re a financial company, vendor oversight is not just a good idea, it’s the law.”
—————————————-
Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.
Want to contribute a story? We also accept article submissions – check out our writer’s guidelines here.
