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FTC refunds | Snarky Security

📌FTC’s Legal‏ Action Against Ring: The Federal Trade‏ Commission (FTC)‏ took‏ legal action against‏ Ring, a‏ home security camera company‏ owned‏ by Amazon,‏ for failing‏ to protect consumer privacy. The‏ FTC’s‏ complaint, filed‏ in May‏ 2023, accused Ring of allowing‏ employees‏ and‏ contractors to‏ access customers’‏ private videos‏ without‏ consent and‏ failing to implement adequate security‏ measures. This‏ negligence‏ led to unauthorized‏ access by‏ hackers and employees, compromising‏ the‏ privacy and‏ security of‏ consumer video footage.

📌Settlement and Refunds: As‏ a‏ result of‏ the lawsuit,‏ Ring agreed to a settlement‏ that‏ included‏ a financial‏ penalty and‏ the establishment‏ of‏ a more‏ robust privacy and security program.‏ The FTC‏ is‏ distributing over $5.6‏ million in‏ refunds to approximately 117,044‏ affected‏ Ring customers.‏ These refunds‏ are being issued via PayPal,‏ and‏ customers are‏ advised to‏ claim their payments within 30‏ days.

📌Details‏ of‏ the Settlement:‏ The settlement‏ required Ring‏ to‏ pay $5.8‏ million, delete unlawfully obtained videos,‏ and implement‏ stringent‏ new privacy and‏ security measures.‏ These measures include multi-factor‏ authentication‏ and restrictions‏ on employee‏ access to consumer videos. The‏ FTC‏ emphasized that‏ these steps‏ were necessary to prevent future‏ privacy‏ breaches‏ and to‏ restore consumer‏ trust in‏ Ring’s‏ products.

📌Ring’s Response:‏ Ring has stated that it‏ addressed many‏ of‏ the FTC’s concerns‏ prior to‏ the inquiry and disagreed‏ with‏ some of‏ the allegations.‏ However, the company chose to‏ settle‏ to avoid‏ prolonged litigation‏ and focus on enhancing its‏ products‏ and‏ services for‏ customers.

📌Consumer Information‏ and Support:‏ Affected‏ consumers can‏ find more information about the‏ refund process‏ and‏ eligibility on the‏ FTC’s website‏ or by contacting the‏ refund‏ administrator, Rust‏ Consulting. The‏ FTC has made it clear‏ that‏ it never‏ requires payment‏ or account information for consumers‏ to‏ claim‏ their refunds