Business Blog

You run a successful business or maybe you work with some of the top companies in the country. A friend or relative is struggling to climb out of a financial hole. They ask for advice about a can’t-miss “wealth-building program.” Do them a favor and suggest they apply the brakes before shelling out a penny.

Where were you in 2000?  Tooling around on your scooter listening to CDs by Destiny’s Child, ‘N Sync, and Creed?  Joining the 50 million Americans who watched the latest TV sensation “Survivor”?  Grateful the Y2K bug didn’t send us back to the Stone Age?  Reading Dot Com Disclosures:  Information About Online Advertising, the FTC’s first guidance document on how federal advertising laws apply to advertising and sales on the Internet?

For some businesses, virtual worlds aren’t on their radar screen.  They have their hands full with this one, thanks.  But for more and more people — including kids — online virtual worlds have become a central place for gaming and other activities.  As the FTC’s recent $3 million settlement with Playdom and Howard Marks demonstrates, companies with an online presence need to take care to comply with the Children’s Online Privacy Protection Act and the

With a corporate name like Lookout, it pays to — well — look out.  Unfortunately, according to the FTC’s complaint against Lookout Services, Inc., the company’s questionable security practices left the door open for an employee of one of Lookout’s customers to access sensitive information, including Social Security numbers, of thousands of people.

Busy business executives and the attorneys who represent them need to unwind now and then.  If PlayStation is your diversion-of-choice — or the choice of family members — you’ve probably heard the news that Sony’s PlayStation Network and Qriocity service were hacked and that user data may have been compromised.  It’s not clear right now what info was stolen, but the services held user IDs and passwords, email addresses, birth dates, street addresses, credit card numbers, expiration dates, and payment histories.  Are you taking steps to reduce the risk of ID theft as a result of the hack?  H

Cell phones, email, social media, auto-dialers, databases, and payment portals.  This ain’t your Father’s debt collection business.  That’s why an April 28, 2011, FTC workshop, Debt Collection 2.0:  Protecting Consumers as Technologies Change, will focus on the impact developments like these are having on the consumer debt collection system.  As the agenda shows, the conversation will center on how technologies affect debt collectors’ compliance with the law and the consumer protection concerns these new methods

Science, studies, and statistics. There’s a reason advertisers feature them so prominently. When used accurately, they can be powerful tools for distinguishing your product from the competitors. But scientific claims — especially health-related ones — need solid proof. That was the cause of the recent legal dust-up between the FTC and Oreck Corporation involving the Oreck Halo vacuum and the Oreck ProShield Plus portable room air cleaner.

It may have happened to an employee, one of your customers, or a member of your family.  Someone calls to report “You’re a winner!” of a foreign lottery.  To collect, all they have to do is wire money to cover the taxes and fees.  Or the caller impersonates a grandchild or other friend-in-need and says they’re desperate to have money wired now.  Both are examples of the elaborate schemes scam artists have come up with to try to convince people to wire cash to someone they don’t know.