The Investor Manifesto
Advertisement
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
The Investor Manifesto
No Result
View All Result
Home Business

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

April 27, 2024
in Business
Ring home security customers will get refunds over security-lapse claims
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

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

Previous Post

Rules-Based Money Management – Part 2: Measuring the Market

Next Post

College protesters want their schools to divest from ties to Israel. Here’s what that means.

Next Post
College protesters want their schools to divest from ties to Israel. Here’s what that means.

College protesters want their schools to divest from ties to Israel. Here’s what that means.

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Recent News

    SMCI Stock Surges: How to Invest Wisely Now

    SMCI Stock Surges: How to Invest Wisely Now

    June 27, 2025
    NEW! 5 Significant Additions to Our Professionally-Curated Market Summary Dashboard

    NEW! 5 Significant Additions to Our Professionally-Curated Market Summary Dashboard

    June 27, 2025
    Trump wins over lifelong Democrat autoworker with ‘big, beautiful bill’ vehicle loan tax benefit

    Trump wins over lifelong Democrat autoworker with ‘big, beautiful bill’ vehicle loan tax benefit

    June 27, 2025
    Republicans raise alarm over US vulnerability to mass drone strikes after Israel-Iran conflict

    Republicans raise alarm over US vulnerability to mass drone strikes after Israel-Iran conflict

    June 27, 2025
    Disclaimer: TheInvestorManifesto.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.

    Popular

    Trump’s Nuclear Revival Plan Boosts Uranium Prices, Sends US Miners Soaring
    Investing

    Trump’s Nuclear Revival Plan Boosts Uranium Prices, Sends US Miners Soaring

    May 30, 2025

    Read more

    Recent News

    SMCI Stock Surges: How to Invest Wisely Now

    SMCI Stock Surges: How to Invest Wisely Now

    June 27, 2025
    NEW! 5 Significant Additions to Our Professionally-Curated Market Summary Dashboard

    NEW! 5 Significant Additions to Our Professionally-Curated Market Summary Dashboard

    June 27, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 theinvestormanifesto.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • Investing
    • Stocks

    Copyright © 2025 theinvestormanifesto.com | All Rights Reserved