💰 FTC Accuses Ed Tech Firm Chegg of ‘Careless’ Data Security

TL;DR

To enable remote learning, many schools and universities rushed to adopt digital tools like exam-proctoring software, course management platforms and video meeting systems.Among them, Chegg, which had a market cap of nearly $2.9 billion on Monday morning, reported annual revenues of $776 million for 2021, an increase of 20 percent from the previous year.In March, Illuminate Education, a leading provider of student-tracking software, reported a cyberattack on certain company databases.Students may also ask Chegg’s online experts to answer specific study or test questions they have been assigned.Chegg’s scholarship finder service, for instance, collected information like students’ birth dates as well as details on their religion, sexual orientation and disabilities, the F.T.C."

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