When cybersecurity is inadequate, it can lead to stolen identity and financial loss. Most scams and scammers have two main goals–to steal your money and your identity. You should know what to look for, how they work, and what to do, so you can protect yourself and your finances.
From “FDIC Consumer News” (10/21/2021)
Among the most concerning factors shaping banking fraud patterns today is not just digital transformation and the pandemic. It is also how fraudsters have adapted their tactics according to unique generational differences of consumers. The techniques bad guys use to target the upper age brackets are not the same tactics they use to lure younger Generation X and millennial customers. Even more frustrating is that the fraudsters are sometimes aping many financial institutions’ very own generation-targeted marketing schemes and product offerings to snag each of these widely different groups of consumers.
From “ABA Risk and Compliance” Glen Fratangelo (10/14/2021)
Corporations invest billions into protecting private data. Globally, the cybersecurity services market brought in $173 billion in 2020. However, cybersecurity isn’t only a concern for government agencies and major corporations. Hackers and scammers also target individuals, including college students. Fortunately, college students can protect their private data and improve their internet safety without a corporate-sized budget.
From “ZD Net” Genevieve Carlton (10/01/2021)
If you’re unlucky enough to mislay your Apple AirTag tracking device, or the item it is attached to, then never fear. Apple AirTags have a feature that allows anyone who finds one to scan it with their smartphone, and be taken to information which lists the owner’s phone number so your property can be returned to you. That’s very cool. But what isn’t cool is that the feature can be abused to deliver malware or steal credentials from the unwitting Good Samaritan who is trying to locate an AirTag’s genuine owner.
From “Bit Defender” Graham Cluley (9/30/2021)