Feeds

Fake anti-virus victims in line for slice of $8m payout pie

Scareware swindlers' ill-gotten gains shared out by FTC

Choosing a cloud hosting partner with confidence

US watchdogs plan to refund victims of scareware scams using seized assets from fake anti-virus peddler Innovative Marketing.

More than 300,000 consumers, taken in by a scam that warned them they needed to purchase dodgy software to get rid of non-existent security threats, are in line to get a slice of $8 million forfeited by Innovative Marketing.

The firm agreed surrender the ill-gotten gains to settle FTC (Federal Trade Commission) charges that they used deceptive ads to trick marks into buying scareware packages such as Winfixer, Drive Cleaner, and XP Antivirus.

The average amount of the cheques to be distributed will be $20, however the exact amounts will be based on the level of individual loss. The refund programme itself may become the target of scam emails attempting to hoodwink victims into advanced fee fraud.

Mindful of this possibility the FTC makes it clear that it "never requires consumers to pay money or provide information before redress checks can be cashed". More information on the refund programme can be found here.

More details on the FTC case against Innovative Marketing, which was settled back in January, can be found here. ®

Beginner's guide to SSL certificates

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
Carders punch holes through Staples
Investigation launched into East Coast stores
Kill off SSL 3.0 NOW: HTTPS savaged by vicious POODLE
Pull it out ASAP, it is SWISS CHEESE
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.