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Marriott, Starwood and FTC
FTC Finalizes Order Against Marriott and Starwood Over Data Breaches
The Federal Trade Commission (FTC) has finalized an order requiring Marriott International, Inc. and its subsidiary, Starwood Hotels & Resorts Worldwide LLC, to implement stringent data security
Marriott and Starwood ordered to implement security overhaul in FTC settlement
The U.S. Federal Trade Commission has finalized an order requiring Marriott International Inc. and its subsidiary Starwood Hotels & Resorts Worldwide LLC to implement a comprehensive information security program to settle charges following multiple hacks of the hotel group that led to the theft of details of 344 million customers globally.
Marriott and Starwood hotels will have to get better at data security
The beefed-up security programs they've agreed to establish include creating policies to only keep information for as long as it’s needed and publishing a link allowing US customers to request the deletion of information tied to their email address or loyalty account.
Massive Marriott and Starwood data breaches require 13 fixes, says the FTC
The Federal Trade Commission (FTC) has responded to a series of massive Marriott and Starwood data breaches, ordering the
FTC orders Marriott and Starwood to boost cybersecurity following major incidents
As a result, its estimated hackers had access to Marriott systems for up to four years, and these breaches landed the firm with a $52 million penalty by the FTC earlier this year, as the FTC argued the firm tried to hide the breaches, and “deceived consumers by claiming to have reasonable and appropriate data security.”
FTC orders Marriott and Starwood to implement strict data security
The Federal Trade Commission (FTC) has ordered Marriott International and Starwood Hotels to define and implement a robust customer data security scheme following failures that led to massive data breaches.
Marriott and Starwood ordered to implement wide-ranging security program
Marriott and Starwood Hotels & Resorts must implement a “comprehensive information security program” to settle charges filed in the US after three large data breaches. The hospitality group has to appoint someone to lead the program, provide regular governance reports, and track and document the program at regular intervals as it is implemented.
2d
Barry Sternlicht’s Starwood provides $64M refi for Lissette Calderon’s Allapattah project
Lissette Calderon’s nearly completed multifamily project in Miami’s Allapattah scored a $63.5 million refinancing from ...
7d
on MSN
Starwood Property Trust to boost investing pace in 2025, following December capital transactions
With capital markets transactions completed in December, Starwood Property Trust (NYSE:STWD) extended its weighted average ...
Bisnow
6d
Starwood Property Trust To Boost Investing Pace In 2025
A series of capital markets transactions it completed in December lowered its borrowing costs and generated $783M in new ...
Yahoo Finance
9d
Starwood Property Trust Announces Private Offering of Sustainability Bonds
GREENWICH, Conn., Dec. 17, 2024 /PRNewswire/ --
Starwood
Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that, subject to market and other conditions, it is offering $400 million ...
7d
Starwood Property Trust: Weaker Dividend Coverage But Solid Financials (Downgrade)
Starwood Property Trust is downgraded to hold due to weaker dividend coverage and uncertain macroeconomic conditions. Learn ...
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