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Verkada hit with $29M fine for security lapses

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TLDR:

Verkada, a security camera company, has been fined $2.9 million for CAN-SPAM violations by the US FTC. The company faced security breaches in 2020 and 2021, leading to exposure of sensitive footage from hospitals and prisons. The FTC also ordered Verkada to implement a comprehensive information security program.

The US Federal Trade Commission (FTC) fined Verkada $2.9 million for violations of the CAN-SPAM Act after customer leads were inundated with emails. The company experienced security breaches in 2020 and 2021 that exposed sensitive security camera footage from hospitals and prisons. The FTC demanded that Verkada implement a comprehensive information security program following these incidents.

It is important to note that cybersecurity failures can have serious consequences and companies should prioritize the security of their systems and data to prevent breaches and violations that can lead to significant fines and damage to their reputation.

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