US FTC Takes Action Against Marriott and Starwood Over Data Breaches

Oct 9, 2024, 04:01 PM

The US FTC has taken action against Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide following multiple data breaches from 2014 to 2020. The FTC will require both companies to implement new security measures as part of a settlement agreement. This decision comes after Marriott shares fell 4.21% premarket due to a legal victory against robocall perpetrators.