The FTC requires a company to follow its policy or face severe penalties,even if the company is not required by the Gramm-Leach-Bliley Act to have a privacy policy.

Question

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The FTC enforces that companies must adhere to their own privacy policies and can penalize those that fail to comply, regardless of whether they are mandated by the Gramm-Leach-Bliley Act to have a privacy policy. This enforcement is part of the FTC's broader mandate to protect consumers from deceptive or unfair business practices.

The FTC Requires a Company to Follow Its Policy or Face