Under the proposed FTC order, Ring is prohibited from profiting from unlawfully accessing consumers videos and must pay $5.8 million in consumer refunds.
The Federal Trade Commission (FTC) issued a warning to Congress regarding the enterprise use of artificial intelligence (AI). Large companies and those in the tech industry using AI could be opening up users to risk, according to the report.
Identity theft and imposter scams were some of the top fraud techniques employed by scammers to defraud users out of $5.9 billion in 2021, according to data from the Federal Trade Commission (FTC).