FTC Pact Strengthens Cord Blood Bank's Data Security

Law360, New York (January 28, 2013, 5:53 PM EST) -- Federal Trade Commissioner Maureen Ohlhausen on Monday announced the resolution of a commission action over a cord blood bank's allegedly shoddy data security practices and called on Congress to pass data breach legislation to bridge enforcement gaps.

In remarks at an event hosted by George Washington University Law School to kick off the sixth annual Data Privacy Day, Ohlhausen revealed that cord blood bank operator CBR Systems Inc. had settled the commission's claims that the company maintained inadequate security practices that contributed to a 2010 breach...
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