6 Big Scams on Small Businesses

Some food for thought at that Labor Day barbecue: Scammers are increasing their focus on small and midsize businesses. Among the top ploys that burn employers and their labor force: Phishing emails. Business email compromise (BEC) is a fast-growing scheme in which cybercrooks glean names and titles of executives from LinkedIn or corporate websites to spoof internal messages, usually alleged to come from top executives. In the most common ruse — netting scammers over $2 billion in recent years, according …

How Gender Affects Online Shopping Scams

Who shops online? Roughly 72 percent of women and 68 percent of men make regular purchases with computers and smartphones, according to industry data. Who gets duped more often in online shopping scams? Depends on your definition. New data suggest that women are more actively and specifically targeted by cyber crooks for online shopping fraud and, likely because of this, fall victim six times more often than men. But when men get scammed, they lose about three times more money, …

Stock Market Newsletters: Are They Worthwhile?

Have you ever received an email or letter reading something like this? Are you tired of working for that boss you hate? You’ll never get rich working for a big company, so here’s the proven way to build wealth, working only about an hour a month. Pitches like these for investment newsletters try to appeal to our emotions and our human ability to suspend common sense and believe anything we want to believe. Let’s take a closer look. The logic …

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 …

Steer Clear of These Driving-Related Scams

You don’t have to journey far to get rooked in a driving-related scam. Ruses making the rounds are as close as your computer, telephone or mailbox. E-ZPass Scam As was true of this hoax’s debut last summer, inboxes are once again jammed with bogus emails supposedly sent by E-ZPass. Claiming you owe toll money, the message provides a link to see your invoice. Don’t click it; doing so will install malware onto your computer or smartphone and lead to a …