Twitter, Client Data, and Is Your Business and Personal Data Secure

Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators' allegations that the social platform failed to protect the privacy of users' data over a six-year span. "Twitter obtained data from users on the pretext of harnessing it for security purposes but then ended up also using the data to target users with ads," FTC Chair Lina Khan said in a statements. I am sure that Elon Musk is doing his due diligence to make sure there are no other risk issues with this company as he plans to acquire it.

Then the question goes to us in business. How safe is your client data? Do you have a client data protection plan in place? Every business should have one. Especially tax preparers and CPA firms. They collect all of your family and financial data on you. Ask your accountant if they have a client data protection plan in place? Per the FTC a tax preparer has the same rules on client data protection rules as a bank. Any business should now have a client protection data plan in place.

FTC Statement of Twitter: https://www.ftc.gov/business-guidance/blog/2022/05/twitter-pay-150-million-penalty-allegedly-breaking-its-privacy-promises-again

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