Twitter has settled with the US Federal Trade Commission (FTC) over a complaint that it had failed to safeguard user privacy well enough, a shortcoming that allowed two successful attacks against the micro-blogging network in 2009. The settlement means that Twitter will be obliged to establish a more rigorous information …
"Breaches....will cost Twitter up to $16,000 a pop."
That's hardly even a slap on the wrist for a big company with a multinational presence and loads of mon...........oh..........hang on a tick.......
Since when did Twitter fall under the jurisdiction of the US FTC? The Federal Trade Commission serves two primary purposes: antitrust regulation and consumer protection; specifically:
"The basic consumer protection statute enforced by the Commission is Section 5(a) of the FTC Act, which provides that "unfair or deceptive acts or practices in or affecting commerce...are...declared unlawful." (15 U.S.C. Sec. 45(a)(1)). " http://www.ftc.gov/ogc/brfovrvw.shtm
So some script kiddie pranking twat "celebrities" qualifies as affecting commerce in the US? WTF?
To be fair, I absolutely agree Twitter failed in protecting their administrative login facilities. But let's be honest: we're talking about a micro-blogging social networking service. This is not PayPal or Amazon, no money is changing hands here!
It's a sad day when the US government goes after a free* social networking service because a few people's feelings were hurt.
*free as in - no cost. no one sustained any financial loss in this "hack".