Penalty Amount
$186,000,000
The FTC has taken action against Illusory Systems, Inc. (doing business as Nomad) for failing to implement adequate data security measures, which led to a breach where hackers stole $186 million from consumers. The company is required to return the stolen funds and implement an information security program.
Illusory Systems must return the $186 million stolen from consumers and implement a comprehensive information security program.
Entity
Illusory Systems, Inc.
Also known as: Nomad
Industry
OtherOfficial Press Release
https://www.ftc.gov/legal-library/browse/cases-proceedings/illusory-systemsnomad
NomadComplaintclean
https://www.ftc.gov/system/files/ftc_gov/pdf/NomadComplaintclean.pdf
NomadOrder
https://www.ftc.gov/system/files/ftc_gov/pdf/NomadOrder.pdf
2323016NomadAAPC
https://www.ftc.gov/system/files/ftc_gov/pdf/2323016NomadAAPC.pdf
ftc will require illusory systems return money stolen hacker
https://www.ftc.gov/news-events/news/press-releases/2025/12/ftc-will-require-illusory-systems-return-money-stolen-hackers-implement-information-security-program
Federal Trade Commission Enforcement Page
https://www.ftc.gov/enforcement
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