Cyber Aware? Know the Top Internet Scams

October is National Cyber Security Awareness Month, and no doubt you’re fully aware of what happened to Target, Home Depot and scores of other companies that were victims of cyber attacks. Those big-brand data breaches certainly make news. But what really hits home? The cyber scams that don’t generate headlines yet result in the most reports and complaints to the National Consumers League and other watchdog groups. So along with the often-preached mantras that warrant repeating this month — use …

New Chip Cards, Same Old Scam Emails

En español | If you haven’t already received your new EMV “smart chip” credit card(s), you soon will. What else can you expect, even if you were previously sent the new plastic? Expect bogus emails allegedly sent by card issuers, PayPal or other businesses that supposedly provide details about your account with more secure, chip-imbedded cards. It’s a new incentive for old tricks to install computer malware and/or phish for account information and log-in credentials. Why now? Oct. 1 is …

What You Can Expect When the Fed Raises Rates

Federal Reserve policymakers will meet next week to decide whether to raise a key interest rate. If they do, it’ll be the first time since June 2006. To put that in perspective, the New York Times notes that back then, Facebook was still mostly for college students and its competitor, MySpace (remember MySpace?), had 10 times as many users. If policymakers nudge this rate up, it could have a ripple effect on the pocketbooks of consumers. Many experts predict, though, …

10 Ways to Prevent Identity Theft When Traveling

Planning summer vacation has its headaches. But enjoying it can cause the migraine of identity theft. Being from out of town means being out of your element – and makes you more vulnerable to scams. Here’s how to protect yourself. Stick with one credit card. Tourists are easier prey for sleazy store clerks and restaurant employees who capture credit card numbers with cellphone cameras or pen and paper and then make fraudulent purchases. If not paying with cash when traveling, …

As Debit Card Theft Hits 20-Year High, How Safe Is Your ATM?

While breach-fatigued retailers work to reduce the theft of their customers’ plastic-payment data, scammers have turned their focus to stealing card details at the ATM. During the first four months of 2015, stealing debit card info at automated teller machines hit a 20-year high, reports credit score firm FICO, which also monitors roughly two-thirds of America’s debit cards. Compared with the same period in 2014, skimming attacks increased threefold at ATMs not located at banks and 174 percent at on-branch …

Why Your Kids Are Vulnerable to Identity Theft

Concerned about identity theft? Be even more concerned for the young children in your life. From cradle to college, kids under 18 are 51 times as likely to be victims of identity theft than their parents, according to a study by Carnegie Mellon University’s CyLab. This alarming statistic is based on a sampling of some 40,000 children — and 10 percent already had their Social Security numbers being used fraudulently. “There’s no process to double-check what name and birth date …