OAG Lays Out Tips for Price Gouging and Cybersecurity
NEW YORK – New York Attorney General Letitia James today provided warnings and tips to consumers and businesses who could potentially experience residual impacts from the ongoing crisis in Ukraine. The Office of the Attorney General (OAG) notes that consumers and businesses should be mindful of any potential price gouging of fuel, other goods and services, and take actions to protect themselves against potential cybersecurity threats that may develop amid the crisis.
“As the devastating conflict in Ukraine continues to escalate, New Yorkers must be prepared for potential impacts of the conflict on their wallets and their cybersecurity,” said Attorney General James. “Both consumers and businesses should take the necessary precautions to address the ongoing risks. I encourage anyone who has experienced issues concerning the price gouging of fuel or threats to cybersecurity to contact my office.”
Price Gouging of Fuel
Due to Russia’s role as the world’s second-largest producer of natural gas and one of the world’s largest oil-producing nations, the crisis may lead to market disruptions and potentially inflated prices at the pump. New York law prohibits sellers of fuel and other vital and necessary goods from charging unconscionably excessive prices during an abnormal market disruption, including disruptions caused by world conflicts. New York consumers are urged to report dramatic gasoline…
