FTC warns of potential penalties for firms that fail to fix Log4j software flaws

The Federal Trade Commission Tuesday warned companies that if they fail to take action to remedy a major recent software vulnerability in open-source software tool Log4j, there could be legal repercussions. “When vulnerabilities are discovered and exploited, it risks a loss or breach of personal information, financial loss, and other irreversible harms,” the agency warned. “It is critical that companies and their vendors relying on Log4j act now, in order to reduce the likelihood of harm to consumers, and to …

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