Proposed Consent Agreement In the Matter of Fajilan and Associates, Inc., also doing business as Statewide Credit Services, a corporation, and Robert Fajilan, individually and as an officer of the corporation, File No.0923089
This consent agreement is only a slap on the wrist. If the FTC wants to send a real message, these companies should be shut down. That will say to other companies that the FTC is serious about security and protecting consumers. If the consent agreement is approved, do you really think that any other company will take the FTC seriously? Do you really believe that consumers will think that the FTC is serious about protecting their information? If the consent agreement is approved, I am sure that these companies will simply consider the compliance required to be a cost of doing business, and continue to endanger consumer information to the extent they can do so. They have proved that they are simply interested in making money. There are many ways these companies can compromise or endanger consumer information, and I am sure that as long as these companies are in business, security of consumer information will remain a lower priority than profits. Please reject the consent agreements and take action to shut these companies down as a message to other companies, and to consumers that the FTC is very serious about protecting consumers.