Requires social media companies to establish toll-free telephone number for NJ account holders to report fraudulent account actions.

This bill requires social media companies with at least five million global users to establish a 24-hour toll-free phone number for New Jersey residents to report account fraud, such as unauthorized access. Social media companies must display this number in security email alerts sent to New Jersey account holders and on their platform's homepage or help page. Failure to comply would violate New Jersey's Consumer Fraud Act, resulting in fines up to $20,000 per offense and potential additional penalties like cease-and-desist orders. The law directly affects large social media platforms operating in New Jersey, aiming to provide residents with a direct, accessible channel for security concerns.