According to the company’s December 9, 2015 press release (here), Wyndham Worldwide has reached a settlement with the Federal Trade Commission in the long-running and high-profile civil action the agency filed against the company and its affiliates in connection with data breaches at the company during the period 2008-2010. Under the terms of the settlement, the company has agreed to undertake certain measures and to continue to meet certain standards with respect to its customers’ payment card information. As the company said in its press release about the settlement, the company’s undertakings in the settlement set “a standard for what the government considers reasonable data security of payment card information.” …
via Wyndham Worldwide Settles Data Breach-Related FTC Enforcement Action | The D&O Diary