Shoe Retailer DSW Settles FTC Data Protection Charges

DSW Inc., a footwear vendor which lost control of financial information for more than 1.4 million customers, has been ordered by the Federal Trade Commission to establish and maintain a comprehensive information security program that includes administrative, technical, and physical safeguards.

Additionally, the Columbus, OH-based shoe retailer is required to obtain a security audit every two years for the next 20 years from an independent, third-party professional to assure that its security program meets the standards of the FTC