New Trends in Cyber Scams

According to the cyber security company, Symantec – known for their Norton and LifeLock products – cyber criminals reached “new levels of ambition” last year. Below are some key highlights of their 2017 Internet Security Threat Report. Email Deemed “the weapon of choice,” one in 131 emails sent in 2016 contained a malware-laden link or attachment – the highest rate in five years. Malicious email is “a proven attack channel,” reports Symantec. “It doesn’t rely on vulnerabilities, but instead uses …

What to Know About the Top Summer Scams

As temperatures rise, so do certain scams. Here’s how to avoid getting burned in summer’s most common cons. Home repairs Conning contractors typically come to your home unexpectedly, offering steep discounts on driveway resurfacing, roof work, tree trimming or other “necessary” repairs they happen to see while driving by or soliciting business door-to-door. Most seek an upfront payment to “go buy materials” and then disappear. Others do fast and faulty repairs (like spreading used motor oil to coat driveways) or …

‘Found’ Money for a Fee? Beware of New Surge in Unclaimed Property Scams

A longtime scam is back with a vengeance: claims that state officials are holding money or property that belongs to you, and all you need to do is pay a fee to claim it. Actually, the first part could be true. You could be entitled to a slice of some $43 billion in “unclaimed property” that sits in state treasuries — money from forgotten bank accounts, insurance policies, stock dividends, utility security deposits, even contents from abandoned safe deposit boxes. …

How to Efficiently Read a Privacy Policy

You may be concerned about your online privacy — and should be — but chances are you don’t read website privacy policies. Few people regularly do, and no surprise. The typical privacy policy is about 2,500 words, or roughly a 10-minute read, with enough legalese to make Perry Mason wince. Considering the typical American visits nearly 1,500 websites a year (each with a different privacy policy), it would take about 250 hours to completely read them all, Carnegie Mellon researchers …

Mother’s Day Scams: Top Tricks to Dupe You (and Mom)

To that most special woman in our lives we eagerly pay tribute on Mother’s Day. And for next Sunday’s tributes, we’ll pay a record-breaking $23.6 billion — a $2 billion uptick over last year and some $9 billion more than is spent on Father’s Day. The coming days are prime time for crooks to cash in on the mother of all spring celebrations. Beware of these common Mother’s Day cons (and expect a slight tweaking in similar scams for Dad’s …

Beware of These Last-Minute Tax Scams, Even if You Already Filed

As the April 18 filing deadline looms, a new wave of tax scams is heating up. Whether you’ve already filed your 2016 return — and especially if not — here’s how to protect yourself from these last-minute schemes currently making the rounds. Don’t trust “update” requests. One popular phishing ploy this time of year involves emails supposedly from tax software providers such as TurboTax or TaxAct. They request users to “update” their information. “These ruses generally urge taxpayers to give …