From: Data Breach Today

Mike Daugherty, President and CEO, LabMD

You’ve seen the headlines about the Federal Trade Commission’s messy legal battle with LabMD, a cancer screening service that was investigated for two alleged data security incidents in 2008 and 2012. Last November, an FTC administrative law judge ruled to dismiss the FTC’s case against LabMD, saying the FTC “failed to prove its case” that these two incidents caused, or were likely to cause, “substantial injury to consumers.”

But what you might have missed is that, after more than a five year legal battle, LabMD – overwhelmed by investigation, litigation, and reputation assassination – was forced to close its doors.

Read Complete Article