The U.S. Federal Trade Commission and Twitter recently announced a settlement over charges that the microblogging service failed to safeguard user privacy in a pair of cyber attacks in 2009.

"The settlement means that Twitter will be obliged to establish a more rigorous information security policy -- which will be independently audited, at Twitter's expense, every two years," writes The Register's John Leyden. "The micro-blogging site also agreed not to make assurances that mislead consumers about the 'extent to which it protects the security, privacy, and confidentiality' of private information."

"Breaches to the agreement, finalized last Friday, will cost Twitter up to $16,000 a pop," Leyden writes.

Click here to read the article at The Register.

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