Every time there’s a large credit card breach, you’ll hear some expert say risks for consumers are low, because it’s easy to cancel a credit or debit card and get a new one. Not so fast. If fraud appears on your bill, but you don’t notice it, you’ll pay for it. More...Read More
No matter how many criminal complaints you read, the expression “JV” always sends chills down your spine. But this line, from a complaint filed April 27 in a California federal court, stands out.
“Petersen stated that he recently received via email from JV#1 a video of JV#1’s younger brother…masturbating in a bathroom. Petersen stated that JV#1 told Petersen he had recorded JV#2 without (his) knowledge. Petersen believes JV#2...Read More
Vladimir Putin has been far more visible lately with statements on the Russian-U.S. election story. Well-schooled in the art of Russian linguistic vagary, he alternately has said that Russian freelance hackers may have been involved, or that a 3-year-old may have been involved, all with a taunting...Read More
Despite years of battling by the financial industry and a massive change in the way Americans use debit and credit cards, the rate of identity theft soared during 2016, a new report has found. In fact, it hit an all-time high.
An estimated 15.4 million consumers were hit with some kind of ID theft last year, according to Javelin Strategy & Research, up from 13.1 million the year before.
Germany has taken steps to allay concerns about how the “Internet of Toys” could put children in harm’s way.
This past December, consumer groups concerned with child safety petitioned the Federal Trade Commission to look into a hot new doll, named My Friend Cayla, and its counterpart marketed to boys, i-Que Intelligent Robot. Privacy advocates expressed concern about the dolls’ capacity to spy on children.... Read More
More troubling evidence that banks and retailers push convenience on consumers to boost profits—while knowingly making it easier for criminals to steal—arose this week. Case in point: the terribly bungled rollout of newfangled “eATM” cash machines by Chase. Last year, you may recall, Chase promised to upgrade all its ATMs to this fun new technology.
The so-called eATMs use smartphones instead of debit cards to authenticate...Read More
Long live the payment card magnetic stripe! You won’t need those chip cards at gas stations for a looong time.
The march toward protecting consumers from credit and debit fraud with newfangled chip cards is slow, but steady. How slow became apparent Thursday, when Visa and Mastercard announced they were giving gas stations an extra three years to comply with new liability rules that essentially force merchants to upgrade their...Read More
You’re busy, so I’ll say this fast and loud: DON’T OPEN UNEXPECTED ZIP FILES THAT ARRIVE AS EMAIL ATTACHMENTS. Suddenly, there are a lot of them around.
That advice is nearly as old as email, but as they say, everything old is new again. And the internet is newly awash in spam sending out booby-trapped zip file attachments. My inbox has seen a steady trickle of the stuff for the past couple of months, but I didn’t think much of...Read More
Another day, another reminder that companies don’t really have to abide by promises to not share your personal information. They have a big “but” in their contracts.
WhatsApp and Facebook have made this clear. We’ll get to that in a moment.
Most recently, millions of Sports Authority customers began receiving notices that their email addresses and other data were about to be transferred to...Read More