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

Dow Jones

2025/12/31

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.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/12/ftc-will-require-illusory-systems-return-money-stolen-hackers-implement-information-security-program

(END) Dow Jones Newswires

December 30, 2025 11:28 ET (16:28 GMT)

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