Companies Settle Student Data Case
shaunj writes "An article on ABC News is reporting that several companies who were accused of privacy violations from selling personal information of over 2 million high school students to credit card companies and marketers. Aparently the privacy policy stated that the information would only be shared with colleges and other academic institutions. The two companies may be find as much as $11,000 for each violation. Many other articles mentioned on Google News."
The story says, "The two companies may be find [sic] as much as $11,000 for each violation," which could lead one to believe that they are being fined for the violations they already committed. The actual article makes it clear that this is not the case. They entered into a settlement agreement with the FTC and could be fined $11,000 for each violation of that agreement. There's no reason to believe they'll be fined unless they continue to commit violations.