FTC Sues AI-Powered Amazon Store Scam That Defrauded Investors of Millions
A Florida-based e-commerce company claimed to use AI and a '$5 million supercomputer' to run automated Amazon stores, charging investors up to $75,000. The FTC revealed the technology was fake, with most stores generating minimal revenue or getting suspended.
Amazon Accused of Covert Location Tracking Through Mobile App SDKs in New Lawsuit
A class action lawsuit alleges Amazon secretly collected and monetized location data from millions of California residents through its advertising SDK in third-party apps. The case, which demands damages and cessation of alleged illegal data collection, adds to growing scrutiny of tech companies' privacy practices.
White House Unveils Cyber Trust Mark: A New Security Standard for Smart Devices
The U.S. government introduces a voluntary cybersecurity certification program for IoT devices, similar to EnergyStar, with major retailers already on board. The initiative aims to help consumers identify smart devices meeting federal security standards, with certified products expected to hit shelves by late 2024.
Amazon Employee Data Exposed in Third-Party MOVEit Security Breach
Amazon confirms exposure of over 2.8 million employee records through a third-party vendor's MOVEit vulnerability. While sensitive financial data remained secure, the breach leaked work-related information and adds Amazon to a growing list of organizations impacted by MOVEit attacks.
Amazon Employee Data Exposed in Third-Party Vendor Security Breach
Amazon confirms a data breach affecting employee work contact details due to a security incident at a property management vendor. The company assures that core systems remain secure, while a hacker claims possession of 2.8 million lines of stolen data.