Identity theft continues to plague consumers, according to the Federal Trade Commission.
While incidence of this crime skyrockets—consumer complaints have risen by 47 percent—there have been shifts in the which states are affected the most.
Missouri is the No. 1 hotbed for identity theft, according to the FTC’s 2016 Consumer Sentinel Network Data Book. The state has that dubious distinction largely because St. Louis has rocketed to the top of the list of hardest-hit...
Read MoreSCOTTSDALE, Ariz.—Watching a larger-than-life Edward Snowden converse, in real time, with CyberScout Chief Privacy Officer Eduard Goodman at Boulders Resort here this week was a rare privilege.
Many in the audience of some 250 attendees of CyberScout’s Privacy XChange Forum 2016 shared my sense that we were witnessing history in the making. Here was a young American...
Read MoreYou may have easily missed a major piece of news that broke last week amid the media-feeding frenzy generated by the release of Donald Trump’s “Access Hollywood” tapes and Hillary Clinton’s Wikileaked Wall Street speeches.
Authorities in India busted nine — yes, nine — bogus IRS call centers, arresting 70 people on suspicion of tricking (and often scaring) Americans into sending money to settle “pressing” but nonexistent tax...
Read MoreBy Christine Giordano
These days, when your phone rings, it’s often a call from a scammer trying to get your information. Now two phone scams are targeting those who have Blue Cross Blue Shield health insurance. The first is a phishing scam, the second is a product scam. Daniel Crowell, director of corporate and financial investigations for Blue Cross Blue Shield of Michigan, told Credit.com he is seeing scams unfold in two...
Read MoreMillennials have grown up on technology like personal computers, cell phones and the internet. And while they may be tech-savvy, millennials also are the most blasé about how technology can lead to identity theft.
Nearly half of this generation born between 1982 and 2004 are concerned about cyber crime, according to a TransUnion survey...
Read MoreThe stress of being a caregiver takes a physical and emotional toll. Tending to a loved one’s finances is often part of the deal: There are bills to pay, mortgages to sort out—and the inevitable scams to avoid.
More Americans are joining the “sandwich generation” of adults raising their own children while also taking care of their aging parents. The U.S. Census Bureau estimates that more than 4 million households consist of at least three generations. That’s children, parents and...
Read MoreHurricane Matthew moved north on the Florida coast Thursday, leaving a half a million people without power and sending storm surge flooding and destructive winds in northeast Florida, Georgia, South Carolina and southern North Carolina
... Read MoreA day doesn’t go by when we don't read news of a data breach at a major company or government institution. The breaches at ADP, the IRS and now Yahoo, are good examples.
We asked Eduard Goodman, CyberScout chief privacy officer and an expert on international privacy and data protection law, what to do when a data breach notification letter lands in your mailbox.
... Read MoreYahoo reported on Thursday that the account information for at least 500 million users was stolen by hackers two years ago.
Compromised user information includes names, email addresses, telephone numbers, birth dates, passwords and even security questions.
Yahoo learned of the breach this summer when hackers posted...
Read MorePublic perceptions can shift wildly when it comes to paying for everyday items. There’s a growing reliance on debit cards and credit cards, and the attitudes towards using plastic can vary depending on a consumer’s age, educational level and whether or not they have children.
Only two years ago, a survey of over 2,000 U.S. consumers showed that 57 percent of them “never” carry cash, and instead rely on debit or credit cards for...
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