tag:blogger.com,1999:blog-35753723.post3851426055572149965..comments2023-09-22T02:30:26.970-05:00Comments on Trade Regulation Talk: John W. Ardenhttp://www.blogger.com/profile/11125668917616367296noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-35753723.post-32054083636720944392008-09-11T13:47:00.000-05:002008-09-11T13:47:00.000-05:00John: After hackers stole credit card data from r...John: After hackers stole credit card data from retail merchant TJX, the <A HREF="http://hack-igations.blogspot.com/2008/03/ftc-treats-tjx-unfairly.html" REL="nofollow">FTC punished TJX</A>. The FTC said TJX had engaged in "unfair practices" under Section 5 on the theory that it is unfair to collect a consumer's credit card data while lacking the computer security measures to prevent talented, determined hackers from stealing the data. The FTC was misguided here. If TJX was "unfair," then the whole credit card system is equally "unfair" because the system is rife with insecurity. The FTC needs to rethink its application of Section 5 to credit card data security. --Ben <A HREF="http://hack-igations.blogspot.com/2008/03/ftc-treats-tjx-unfairly.html" REL="nofollow">link to a more detailed argument</A>Benjamin Wrighthttps://www.blogger.com/profile/11543639411820745571noreply@blogger.com