Children’s Privacy: OpenX has to pay $2M for US COPPA violation

The US Federal Trade Commission (FTC) has charged real-time bidding platform OpenX Technologies $2 million for violating the Children’s Online Privacy Protection Act (COPPA). Violations include sharing of geodata and collecting information on children under age 13.

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Lack of centralized data and widespread use of spreadsheets to track regulatory change adds to risk factors when addressing threats

December 21, 2021

A survey of 200 risk and compliance executives conducted by Compliance Week indicated that companies that lack integration of their risk, compliance and audit data are impeded when It comes to detecting and responding to data threats. Fifty-six percent said their organizational data was stored across multiple internal and external platforms with only 16% saying their data resides in a single, centralized place.

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CIAM Vendor Ping Identity Bought for $2.8 Billion by Private Investors

August 5, 2022

CIAM (Customer Identity and Access Management) was once largely about managing employee access to company systems, but it’s increasingly applied to consumer log-ins and identities as well.  This creates an overlap with the identity management systems more traditionally used for customer data.  The expanded market helps to explain why private investor Thoma Bravo just paid $2.8 billion for CIAM vendor Ping Identity, a 60% premium of its most recent stock price and just under 10x revenue.

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