The Federal Trade Commission (FTC) said on Friday it has reached a settlement with mobile device manufacturer HTC America following charges that the company put millions of consumers at risk by failing to secure software installed on its smartphones and tablets. The FTC said that millions of HTC devices contained software flaws that potentially permitted malicious apps to send text messages, record audio and even install additional malware, all without the user’s knowledge. HTC makes mobile devices based on the Android, Windows Mobile and Windows Phone operating systems. Under the agreement, the company will be required to develop software patches to fix vulnerabilities found in its devices, as well as establish a security program designed to address security risks. It also will be forced to undergo independent security assessments every other year for the next 20 years. Read more.