The Federal Trade Commission (FTC) has formalised an order against GoDaddy, mandating the domain hosting provider to enhance its cybersecurity practices. Following accusations that GoDaddy failed to uphold promised security standards and effectively protect customer data, the FTC’s recent decision requires the company to adopt best practices in information security and undergo third-party audits to verify compliance.
Key Points
- The FTC’s order is in response to GoDaddy’s alleged failure to implement essential data security measures.
- GoDaddy claimed to provide ‘award-winning security’, which the FTC found misleading.
- New requirements include the implementation of information security best practices.
- GoDaddy must verify its security posture through audits conducted by third-party firms.
- This order aims to strengthen consumer protection and accountability among service providers in the cyber space.
Why should I read this?
If you’ve ever relied on GoDaddy for your domain hosting, this news is a must-read! The FTC is making sure that companies take cybersecurity seriously, especially when it comes to protecting customer data. This order could have a ripple effect across the hosting industry, pushing other providers to up their game. So, save yourself some time and catch up on this important regulatory move that affects many users just like you.
