Jeff Kosseff writes:
Based on the extensive news coverage of this week’s court ruling against Wyndham Hotels and Resorts in its battle with the Federal Trade Commission (FTC), one would think that the sky is falling on efforts to resist FTC enforcement actions relating to data security.
Adweek wrote that the case is “a test for how much authority the FTC has in bringing cases against companies the agency deems have inadequate data security standards.”Law360 dubbed the opinion “the latest and most important federal court decision on data security enforcement.” Nextgov called the ruling “a major win for the agency.”
I offer a different take on the ruling: The sky is not falling.
Indeed, it may even be safe to say that nothing has changed in the past week.
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