"FTC Sending $5.6 Million in Refunds to Ring Customers Over Security Failures"

The US Federal Trade Commission (FTC) recently announced that it will send a total of $5.6m in refunds to customers of Ring, a home camera provider, due to a settlement with Ring over security and privacy failings. Ring, which was bought by tech giant Amazon in 2018, reached a settlement with the FTC in 2023 over charges that the company allowed employees and contractors to access consumers’ private videos and failed to implement security protections, enabling hackers to take control of consumers’ accounts, cameras, and videos. The FTC announced that it is sending over 117,000 PayPal payments to individuals who owned certain Ring devices, including indoor cameras, and that these payments should be redeemed within 30 days.

SecurityWeek reports: "FTC Sending $5.6 Million in Refunds to Ring Customers Over Security Failures"