GoDaddy to Settle FTC Charges of ‘Unreasonable Security Practices'
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GoDaddy has agreed to a proposed settlement with the FTC to enhance its information security practices following charges of 'unreasonable security practices'.
January 15, 2025 | 10:00 pm
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GoDaddy is required to improve its information security program as part of a settlement with the FTC over charges of 'unreasonable security practices'.
The settlement with the FTC requires GoDaddy to improve its security practices, which could have implications for its operational costs and reputation. However, the immediate financial impact is unclear, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100