Business ProfileforTapplock
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On May 18, 2020, the business entered into a Consent Agreement with the Federal Trade Commission (FTC). The agreement settles allegations that the business falsely claimed that its Internet-connected smart locks were designed to be "unbreakable" and that it took reasonable steps to secure the data it collected from users.
Tapplock, Inc sells fingerprint-enabled, Internet-connected padlocks that interact with a companion mobile app, allowing users to lock and unlock their padlocks when they are within Bluetooth range. The FTC alleged that, contrary to its representations to consumers, the company's locks were not secure and Tapplock failed to take reasonable precautions or follow industry best practices to protect the consumer data it collected through its app.
Security researchers identified both physical and electronic vulnerabilities with Tapplock's smart locks, according to the complaint. The FTC also alleged that Tapplock failed to implement a security program or take other steps that might have helped the company discover electronic vulnerabilities with its locks.
Under the settlement, Tapplock is required to implement a comprehensive security program and obtain independent biennial assessments of the program by an assessor that the FTC has authority to approve. The company also is prohibited from misrepresenting its privacy and security practices.
The Consent Agreement was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law.
For more details go to: https://www.ftc.gov/enforcement/cases-proceedings/192-3011/tapplock-inc-matter
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Business Details
- Location of This Business
- 121 Richmond St W, Toronto, ON M5H 2K1
- BBB File Opened:
- 5/12/2017
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0 Customer Complaints
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