From: Federal Times
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Michael Daugherty, CEO of LabMD and author of “The Devil Inside the Betlway,” has been on a crusade against the FTC since the regulatory body brought an action against his company based on what turned out to be falsified information. He says fighting the allegations crippled his company and forced massive layoffs over the years.
“FTC wants to become the No. 1 self-appointed cybersecurity regulator,” Daugherty said. “FTC is creating common law [around cybersecurity] — get the consent decree; build precedent; avoid the courts; mislead and stonewall congress; and play hero to the press.”
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