I’m not thrilled with this (or most) such settlements. As the article mentions, customers and users of #Zoom won’t get any compensation. As always, the company admits no wrongdoing.
> The settlement is supported by the FTC's Republican majority, but Democrats on the commission objected because the agreement doesn't provide compensation to users.
> "Today, the Federal Trade Commission has voted to propose a settlement with Zoom that follows an unfortunate FTC formula," FTC Democratic Commissioner Rohit Chopra said. "The settlement provides no help for affected users. It does nothing for small businesses that relied on Zoom's data protection claims. And it does not require Zoom to pay a dime. The Commission must change course."
> FURTHER READING
> Zoom brings in former Facebook security head amid lawsuits, investigations
> Under the settlement, "Zoom is not required to offer redress, refunds, or even notice to its customers that material claims regarding the security of its services were false," Democratic Commissioner Rebecca Kelly Slaughter said. "This failure of the proposed settlement does a disservice to Zoom's customers, and substantially limits the deterrence value of the case." While the settlement imposes security obligations, Slaughter said it includes no requirements that directly protect user privacy.
> Zoom is separately facing lawsuits from investors and consumers that could eventually lead to financial settlements.