FTC cracks down on AI claims by DoNotPay and others

FTC cracks down on AI claims by DoNotPay and others

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024.  Tom Williams | Cq-roll Call, Inc. | Getty Images The Federal Trade Commission on Wednesday announced a crackdown on what … Read more

Why credit card fraud alerts are rising

Why credit card fraud alerts are rising

Rainstar | E+ | Getty Images It’s a scenario most people have encountered: you try to make a big or unexpected purchase on your credit card, and, at the moment you need it the most, the card gets declined. Sometimes, it’s as simple as confirming the purchase via text message, and you can quickly complete … Read more

How to freeze your credit after National Public Data breach

How to freeze your credit after National Public Data breach

So far, 2024 has been a huge year for data breaches. There had already been more than 1 billion personal records compromised before the National Public Data breach that has been making headlines, according to Michael Bruemmer, head of global data breach resolution at consumer credit reporting company Experian. National Public Data, a background check … Read more

Was my Social Security number stolen? National Public Data breach questions

Was my Social Security number stolen? National Public Data breach questions

Glowimages | Getty Images You may have never heard of National Public Data, yet your personal information may have been compromised in the company’s recent massive data breach. The background check company, which is owned by Jerico Pictures Inc., recently released details of the breach after a proposed class action lawsuit alleged 2.9 billion personal … Read more

How Americans are losing their life savings to crypto fraud

How Americans are losing their life savings to crypto fraud

More and more Americans are losing thousands of dollars to a scheme that takes fraudsters weeks or months to pull off. “Pig butchering” scams earned the name from the idea that scammers use flattery and fake bonding to “fatten up” their victims. The strategy has amassed billions in stolen funds—particularly in the form of cryptocurrencies. … Read more

2.9 billion people allegedly had Social Security numbers, data stolen

2.9 billion people allegedly had Social Security numbers, data stolen

Sakorn Sukkasemsakorn | Istock | Getty Images About 2.9 billion people may have had their personal information hacked, a new proposed class action lawsuit alleges. If true, reports suggest all Americans may have had valuable personal information compromised — including full names, current and past addresses, Social Security numbers and information on parents, siblings and … Read more

How much of a problem is it?

How much of a problem is it?

Paintings by Han van Meegeren (1889-1947) at the Boijmans Van Beuningen Museum in Rotterdam on May 11, 2010. Van Meegeren became known for his forgeries, particularly of works by Dutch master Johannes Vermeer. Robin Utrecht | AFP | Getty Images Art forgeries are more common than you might think, but stories about them often stay … Read more

Roche alleges counterfeit diabetes medical devices were sold on Amazon

Roche alleges counterfeit diabetes medical devices were sold on Amazon

Roche Diabetes Care Inc. Accu-Chek brand glucose test strips are arranged for a photograph in the Brooklyn borough of New York, U.S., on Thursday, April 4, 2019.  Alex Flynn | Bloomberg | Getty Images Roche, one of the world’s largest biotech companies, said “dangerous counterfeits” of its diabetes medical devices ended up for sale on … Read more

IRS employee charged in Exxon Mobil tax credit theft bid

IRS employee charged in Exxon Mobil tax credit theft bid

Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits owed to Exxon Mobil by diverting the funds using a taxpayer database he had access to. Prosecutors said Wednesday that former IRS account management worker Rodney … Read more

Facebook and Nike diversity manager gets prison for fraud

Facebook and Nike diversity manager gets prison for fraud

Barbara Furlow-Smiles attends the 2020 Sisters’ Awards at Skirball Cultural Center on March 08, 2020 in Los Angeles, California. Robin L. Marshall | Getty Images A former diversity manager at Facebook and Nike was sentenced to five years and three months in prison for stealing more than $5 million from those companies that had been … Read more