Singapore-based Cognosphere, the developer of the popular game Genshin Impact, has agreed to pay a $20 million fine to settle charges brought by the FTC over alleged violations concerning data privacy and consumer protection. As part of the settlement, the company is prohibited from engaging in certain sales and is required to implement stricter measures to ensure compliance with privacy standards.
Vero’s thoughts on the news:
This settlement underscores how critical it is for companies, particularly in the gaming and app development industry, to prioritize user privacy and data protection. While many developers focus on innovation and user engagement, this case highlights the consequences of neglecting compliance with regulatory requirements. Moving forward, businesses must integrate privacy-by-design principles into their development workflows to avoid facing heavy penalties or losing customer trust. The fine serves as a reminder that safeguarding user data isn’t just a legal requirement but also a moral responsibility in today’s digital ecosystem.
Source: Genshin Impact’s developer to pay $20 million fine to settle FTC charges – The Verge
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