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 Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.