“The FTC is steadily hacking the law to make itself the country’s de facto privacy regulator. In this case, it’s using its right to punish a company for being ‘unfair’ to consumers. But its power is limited: it can’t fine TRENDnet; it can only require it to notify customers, establish ‘a comprehensive security program’ — that includes pen testing its products — and agree to 20 years of privacy audits (just like Facebook and Google). If TRENDnet messes up again after this, the FTC can then fine it up to $16,000 per violation (a power it used to fine Google $22.5 million).  There may well be more FTC orders to come.”

http://www.forbes.com/sites/kashmirhill/2013/09/04/camera-company-that-let-hackers-spy-on-naked-customers-ordered-by-ftc-to-get-its-security-act-together/

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