The Federal Trade Commission entered into a settlement with the social networking site Twitter on Thursday, June 25th. The settlement was the result two 2009 hacker breaches, which resulted in 35 user accounts (mostly celebrities and politicians) being compromised and passwords disclosed. Under the terms of the settlement, Twitter will be barred for 20 years from misleading consumers about the extent to which it protects the security, privacy, and confidentiality of nonpublic consumer information, including the measures it takes to prevent unauthorized access to nonpublic information and honor the privacy choices made by consumers. The company also must establish and maintain a comprehensive information security program, which will be assessed by an independent auditor every other year for 10 years.
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