FTC to Require Illusory Systems to Return Funds Stolen by Hackers and Implement Info Security Program
The Federal Trade Commission (FTC) is now said to be taking action against Illusory Systems Inc. for allegedly failing to implement “adequate data security measures, leading to a major security breach in which hackers stole $186 million from consumers.” Under a proposed order settling the… Read More
Read more in: Blockchain & Digital Assets, General News, Politics, Legal & Regulation | Tagged federal trade commission, ftc, illusory systems, nomad, us