Top 10 Security Stories From May 2021: Vivint Fined by FTC, SnapAV Goes Public
May’s most popular security news, features and events, including industry statistics on access control, behind the scenes at ADT’s engineering lab and more.
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This past May was a relatively quiet month for the security industry in terms of major stories, though there were still a few notable ones.
It wouldn’t be a top stories compilation without an appearance from Vivint or ADT, and both companies land on this month’s list not once, but twice.
The top story of the month was Vivint agreeing to pay $20 million to settle Federal Trade Commission (FTC) claims that the company misappropriated credit reports to help unqualified customers obtain financing for its security, monitoring and IoT services.
The fine is the latest in a very long list of penalties the smart home security company has been hit with over the years. In January, Vivint was fined by the Department of Justice and ordered to pay $3.2 million to resolve allegations under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA).
Last September, the company was accused of impersonating CPI Security Systems reps in a lawsuit. A month before that, Vivint was accused of tricking ADT customers into switching their service.
Speaking of ADT, SSI readers were interested in a behind the scenes look at the company’s engineering lab. The ADT Engineering Technology Center is where ADT conducts all of its hardware certification and testing on every device it puts into a customer’s home or small business.
Additional popular stories in May include a company profile on Paladin Technologies, SSI‘s Access Control Deep Dive and more. You can view all these stories in the slideshow.
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