Connect with us

Technologies

FTC Accuses GoodRX of Sharing User Data Without Consent

Under the FTC’s proposed order, GoodRX would be barred from sharing user health data for advertising purposes.

GoodRX will pay $1.5 million and be barred from sharing user data with outside companies for advertising purposes under a deal that would settle allegations that it shared some of its users’ most intimate health-related information with companies like Facebook and Google.

The Federal Trade Commission characterized the action, which is pending approval by a federal court, as the first of its kind under its Health Breach Notification Rule, adding that the agency won’t hesitate to use its full legal authority to take action against companies that willingly misuse or exploit consumer data.

«Digital health companies and mobile apps should not cash in on consumers’ extremely sensitive and personally identifiable health information,» Samuel Levine, director of the FTC’s Bureau of Consumer Protection, said in a statement.

According to the FTC’s complaint, GoodRX, which helps users find deals on prescription drugs and offers telehealth and other health-related services, shared its users’ data with outside companies for advertising purposes, despite promising it wouldn’t.

It also made money from that same data by using it to target its own users with personalized health-related ads on Facebook and Instagram, the FTC said. The complaint also accuses the company of failing to limit third-party use of the data, misrepresenting its compliance with the Health Insurance Portability and Accountability Act, or HIPAA, and failing to put in place policies and procedures to protect its users’ data.

In a company blog post, GoodRX pushed back against the FTC’s allegations, saying they’re focused on an «old issue» that was «proactively addressed» more than three years ago before the FTC’s inquiry began. The company admitted no wrongdoing, adding that the proposed settlement will allow it to move on and avoid the time and costs of drawn-out litigation.

In addition to the civil penalty and ban on collecting data for advertising purposes, the settlement requires GoodRX to get users’ consent before sharing data for purposes other than advertising; reach out to the third parties it shared the data with and ask them to destroy it; limit its own retention of user data; and put in place a privacy program designed to protect user data.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success! 

Continue Reading

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 WalletCoinbase Web3 WalletOKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Continue Reading

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.

Continue Reading

Trending

Copyright © Verum World Media