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Twitter agrees to settlement with FTC over privacy charges

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The settlement between Twitter and the US Federal Trade Commission over charges that customers privacy was put at risk hit the news this past week.  The settlement may have wide reaching implications.

David Vladeck, director of the FTC’s Bureau of Consumer Protection said, “When a company promises consumers that their personal information is secure, it must live up to that promise.”  And if a company allows consumers to designate their information as private, it must use reasonable security to support that designation, he said.

The agreement will be subject to public comment for 30 days, starting Thursday and continuing through July 26, 2010, after which the FTC will make a final decision.