Connect with us

Hi, what are you looking for?

Editor's Pick

Ring home security customers will get refunds over security-lapse claims

The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled a federal complaint accusing it of security lapses.

In a statement this week, the Federal Trade Commission said it would be sending out 117,044 payments via PayPal to affected customers as compensation for claims that Ring allowed employees and contractors to access consumers’ private videos. The agency accused Ring in 2023 of failing to implement proper security protections, enabling hackers to take control of consumer accounts, cameras and videos.

In a statement sent to The Associated Press, Ring, which was purchased by Amazon in 2018, said that bad actors took emails and passwords that were “stolen from other companies to unlawfully log into Ring accounts of certain customers.’

It said it promptly addressed the situation by notifying any customer “exposed in a third-party, non-Ring incident” and taking action to protect impacted accounts.

Many of the violations alleged by the FTC predate Amazon’s acquisition.

Ring did not immediately address the FTC’s allegations of employees and contractors unlawfully accessing footage, The Associated Press said. Amazon has previously said it disagreed with the FTC’s claims but that it was eager to “put these matters behind us.”

The FTC said customers who have not already been contacted about a refund or who have questions about their payments should contact the refund administrator, Rust Consulting, Inc., at  1-833-637-4884, or visit the FTC website to view frequently asked questions about the refund process. 

This post appeared first on NBC NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Overview Steppe Gold (TSX:STGO) is a precious metals development company and gold and silver producer in Mongolia. The company owns the Altan Tsaagan Ovoo...

    Latest News

    Rescuers are searching through rubble and trying to reach isolated communities after a devastating earthquake struck Morocco, killing thousands and leaving more injured or...

    Stock

    LIVE OAK, Fla. — President Biden traveled to Florida on Saturday to survey the damage caused by Hurricane Idalia, part of a storm response...

    Investing

    Investor Insight EMU NL is an Australia-focused base and precious metals exploration company offering a compelling opportunity in the highly lucrative copper space. A...

    Disclaimer: Smartmerchantknow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 smartmerchantknow.com