Architecture, Network security, Threats, Malware

FTC to pay millions to consumers duped by scareware

December 16, 2011

The Federal Trade Commission (FTC) will partially recoup some 300,000 people who fell victim to a scam in which they purchased rogue anti-virus products to fix problems that didn't exist. The money comes from a more-than-$8-million settlement between the FTC and several parties, including Innovative Marketing, whose members were indicted in 2010. The defendants were accused of spreading so-called scareware products, which are sold to consumers after they are falsely made to believe their computers are infected with malware. The FTC expects to award each victim around $20, but it could be more depending on individual loss. "We do a lot of consumer redress," an FTC spokeswoman told SCMagazineUS.com on Friday.

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