When it comes to scams, fraud, and identity theft, no one is immune. That’s the sad reality for a retired public figure, longtime sports writer Bob White, whose career dates back to the early ‘70s. The Louisville-based former reporter only discovered he’d been the victim of financial fraud when his checks began to bounce and calls came in from his utility companies, his mortgage lender, and more.
When data breaches and hacking first began to make headline news years ago, the real threat was from criminals who would go after consumers’ credit card and debit card information.
Spring break is so close you can almost reach out and grab it, and many of us are looking forward to some much needed downtime. But whether you opt for an exotic locale or a nice, cozy “staycation,” there are some things you need to know in order to protect your identity, your finances, or both.
When most parents think of telling their teens about “using protection” or “exercising restraint,” they probably aren’t thinking of identity theft. But just as you’d talk to your preteen or teen about important topics like alcohol, drugs, sex, and safe driving, it’s important to talk to them about one of the biggest threats facing consumers of every age: personal data security.
National Consumer Protection Week (NCPW) is a time to help people understand their consumer rights and make well-informed decisions about money.
Too many young people discover their identities have been stolen when they apply for student loans or financial aid.
Card-not-present (CNP) fraud increased by 40% in 2016, driven by closing opportunities for POS fraud and the growth of e- and m-commerce.