Victim: GoDaddy | GoDaddy
Price: Potential fines of up to $51,744 per violation
Data: Customer information, including email addresses, private encryption keys, and database credentials
Price: Potential fines of up to $51,744 per violation
Data: Customer information, including email addresses, private encryption keys, and database credentials
Keypoints :
- FTC took action against GoDaddy for inadequate security practices.
- Multiple breaches occurred between 2019 and 2022, exposing sensitive customer data.
- GoDaddy failed to implement basic cybersecurity measures, such as MFA and regular software updates.
- Significant breaches included unauthorized access to 28,000 customers and exposure of data from 1.2 million customers.
- The settlement requires GoDaddy to overhaul its cybersecurity practices and prohibits false claims about security.
- GoDaddy claims to have already implemented many recommended measures and expects minimal financial impact.
- FTC emphasizes the importance of securing hosting services for small businesses and consumers.
Original Source: https://cybersecuritynews.com/ftc-slams-godaddy-security-practices/