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Amazon to pay $2.25M to settle FTC identity theft case

Amazon has agreed to pay $2.25 million to the Federal Trade Commission to settle a case concerning identity theft victims. The FTC alleged that Amazon violated the Fair Credit Reporting Act by failing to provide transaction records to victims and law enforcement. In some instances, Amazon customer service representatives denied these requests due to security concerns or claimed inability to access the data, and in others, the records were provided outside the mandated 30-day window. AI

RANK_REASON Regulatory settlement for a large company regarding a specific law.

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Amazon to pay $2.25M to settle FTC identity theft case

COVERAGE [1]

  1. Engadget TIER_1 English(EN) · [email protected] (Anna Washenko) ·

    Amazon will pay $2.25 million to settle FTC identity theft case

    The retailer allegedly failed to meet requirements under the Fair Credit Reporting Act.