> The agency said that it was “tracking the developments at Twitter with deep concern” and that it was prepared to take action to ensure the company was complying with a settlement known as a consent order, which requires Twitter to comply with certain privacy and security requirements because of allegations of past data misuse.
> Twitter was first put under a consent order in 2011 and it agreed to a new order earlier this year. If the FTC finds Twitter is not complying with that order, it could fine the company hundreds of millions of dollars, potentially damaging the company’s already precarious financial state.
> ... The new decree required Twitter to start enhanced privacy and security programs, which were to be audited by a third party. Under that decree, Twitter is required to conduct a privacy assessment of any new products it launches.
> ... The meltdown of the security leadership is especially fraught because an FTC audit was expected by January, according to two people familiar with the schedule. One said that Kissner and other executives had been hiring, despite a company-wide freeze, in a frantic effort to meet compliance rules before then.
> The agency said that it was “tracking the developments at Twitter with deep concern” and that it was prepared to take action to ensure the company was complying with a settlement known as a consent order, which requires Twitter to comply with certain privacy and security requirements because of allegations of past data misuse.
> Twitter was first put under a consent order in 2011 and it agreed to a new order earlier this year. If the FTC finds Twitter is not complying with that order, it could fine the company hundreds of millions of dollars, potentially damaging the company’s already precarious financial state.
> ... The new decree required Twitter to start enhanced privacy and security programs, which were to be audited by a third party. Under that decree, Twitter is required to conduct a privacy assessment of any new products it launches.
> ... The meltdown of the security leadership is especially fraught because an FTC audit was expected by January, according to two people familiar with the schedule. One said that Kissner and other executives had been hiring, despite a company-wide freeze, in a frantic effort to meet compliance rules before then.