Tag Archives: Federal Trade Commission

In a Few Days, Credit Freezes Will Be Fee-Free

September 10, 2018

Later this month, all of the three major consumer credit bureaus will be required to offer free credit freezes to all Americans and their dependents. Maybe you’ve been holding off freezing your credit file because your home state currently charges a fee for placing or thawing a credit freeze, or because you believe it’s just not worth the hassle. If that accurately describes your views on the matter, this post may well change your mind.

Why Is Your Location Data No Longer Private?

May 26, 2018

The past month has seen one blockbuster revelation after another about how our mobile phone and broadband providers have been leaking highly sensitive customer information, including real-time location data and customer account details. In the wake of these consumer privacy debacles, many are left wondering who’s responsible for policing these industries? How exactly did we get to this point? What prospects are there for changes to address this national privacy crisis at the legislative and regulatory levels? These are some of the questions we’ll explore in this article.

Beware of Hurricane Harvey Relief Scams

August 29, 2017

U.S. federal agencies are warning citizens anxious to donate money for those victimized by Hurricane Harvey to be especially wary of scam artists. In years past we’ve seen shameless fraudsters stand up fake charities and other bogus relief efforts in a bid to capitalize on public concern over an ongoing disaster. Here are some tips to help ensure sure your aid dollars go directly to those most in need.

Got Robocalled? Don’t Get Mad; Get Busy.

June 25, 2017

Several times a week my cell phone receives the telephonic equivalent of spam: A robocall. On each occasion the call seems to come from a local number, but when I answer there is that telltale pause followed by an automated voice pitching some product or service. So when I heard from a reader who chose to hang on the line and see where one of these robocalls led him, I decided to dig deeper. This is the story of that investigation. Hopefully, it will inspire readers to do their own digging and help bury this annoying and intrusive practice.

Shopping for W2s, Tax Data on the Dark Web

January 31, 2017

The 2016 tax season is now in full swing in the United States, which means scammers are once again assembling vast dossiers of personal data and preparing to file fraudulent tax refund requests on behalf of millions of Americans. But for those lazy identity thieves who can’t be bothered to phish or steal the needed data, there is now another option: Buying stolen W-2 tax forms from other crooks who have phished the documents wholesale from corporations.

The FTC’s Internet of Things (IoT) Challenge

January 4, 2017

One of the biggest cybersecurity stories of 2016 was the surge in online attacks caused by poorly-secured “Internet of Things” (IoT) devices such as Internet routers, security cameras, digital video recorders (DVRs) and smart appliances. Many readers here have commented with ideas about how to counter vulnerabilities caused by out-of-date software in IoT devices, so why not pitch your idea for money? Who knows, you could win up to $25,000 in a new contest put on by the U.S. Federal Trade Commission (FTC).

A Life or Death Case of Identity Theft?

August 23, 2016

Identity thieves have perfected a scam in which they impersonate existing customers at retail mobile phone stores, pay a small cash deposit on pricey new phones, and then charge the rest to the victim’s account. In most cases, switching on the new phones causes the victim account owner’s phone(s) to go dead. This is the story of a Pennsylvania man who allegedly died of a heart attack because his wife’s phone was switched off by ID thieves and she was temporarily unable to call for help.

Seagate Phish Exposes All Employee W-2’s

March 6, 2016

Email scam artists last week tricked an employee at data storage giant Seagate Technology into giving away 2015 W-2 tax documents on all current and past employees, KrebsOnSecurity has learned. W-2 forms contain employee Social Security numbers, salaries and other personal data, and are highly prized by thieves involved in filing phony tax refund requests with the Internal Revenue Service (IRS) and the states.

IRS: 390K More Victims of IRS.Gov Weakness

February 26, 2016

The U.S. Internal Revenue Service (IRS) today sharply revised previous estimates on the number of citizens that were hit by tax refund fraud since 2014 thanks to a security weakness in the IRS’s own Web site. According to the IRS, at least 724,000 citizens were victims of refund fraud after crooks figured out how to abuse a (now defunct) IRS Web site feature called “Get Transcript” to steal victim’s prior tax da