From Data Breach Today:
FTC Charges LifeLock with Deception
The Federal Trade Commission says LifeLock has violated a 2010 settlement with the commission and 35 state attorneys general by continuing to make deceptive claims about its identity theft protection services and by failing to take steps to protect users' data.
After the FTC made the announcement on July 21, LifeLock's stock plummeted, dropping nearly 50 percent by the close of trading on the New York Stock Exchange. LifeLock markets a variety of identity theft protection and data breach alert services to consumers and risk management services to governments and businesses.
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