American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

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

by admin April 27, 2024
April 27, 2024
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

0
FacebookTwitterGoogle +Pinterest
previous post
New poll reveals how voters’ views on abortion have changed as Dems seek to make issue a central 2024 theme
next post
College protesters want their schools to divest from ties to Israel. Here’s what that means.

Related Posts

Here’s why the Nio stock price dropped in...

May 26, 2025

Former MGM Grand casino president to be sentenced...

May 10, 2024

Morning brief: Asian factory data splits on US...

October 1, 2025

European stocks edge higher on 2024’s last trading...

December 31, 2024

Dressed for disaster? The harsh impact of Trump’s...

April 4, 2025

MongoDB stock price forms golden cross nears ahead...

December 8, 2024

Nikkei 225 index outlook ahead of BoJ and...

March 18, 2025

Microsoft’s new AI chip delayed to 2026: report

June 28, 2025

Why the Thai baht’s climb against US dollar...

October 3, 2025

XRP rebounds 6% as whale activity, $360 million...

August 21, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk

      December 7, 2025
    • Digital transformation will unlock over $320B in savings for oil, gas industry, says Rystad Energy

      December 7, 2025
    • China’s turnaround: From world’s biggest polluter to renewable energy juggernaut

      December 7, 2025
    • Fed meeting preview: odds of a rate cut are high, but member splits, missing data cloud outlook

      December 7, 2025
    • Why Trump-branded investments are collapsing, and what the market is pricing in now 

      December 7, 2025

    Categories

    • Business (4,740)
    • Investing (3,120)
    • Latest News (2,122)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 © 2025 americaninvesthub.com | All Rights Reserved