FTC Will Require Illusory Systems to Return Money Stolen by Hackers and Implement an Information Security Program

The FTC alleged that Illusory’s security failures allowed hackers to exploit a coding vulnerability and steal $186 million from consumers

The Federal Trade Commission is taking action against Illusory Systems Inc. for failing to implement adequate data security measures, leading to a major security breach in which hackers stole $186 million from consumers.

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