identity theft

Regulators Fine Bank for Overzealous Credit Protection

Posted on 04/15/2014 by | Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsBank of America is the latest major financial institution ordered to refund millions of dollars to consumers who were billed for credit card-related products they never ordered – and likely didn’t even need. Indeed, the credit and identity-theft protections sold by the North Carolina-based bank are things that people can do on their own for little or no money, consumer advocates say. The Consumer Financial Protection Bureau ordered the bank last week to return $727 million to nearly 3 million …

11 Things We Didn’t Know Last Week

Posted on 03/19/2014 by | News, Culture, Sights and Sounds | Comments

11 ThingsNews, discoveries and … fun. 1. Captured Burmese pythons will slither home in a straight line for many miles. (Learn more at Discovery) 2. A photographer has a way of making sick kids’ dreams come to life. (Learn more at Huffington Post) 3. Some bad fats may not be so bad for us after all. (Learn more at AARP) 4. California, Berkeley claims it has hired the first university Wikipedian-in-residence.  (Learn more at Library Journal) 5. Hate the prep? Probably. But …

How to Spot Scam Emails

Posted on 03/11/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsIt used to be easy to spot scam emails. They were littered with grammatical and spelling errors, and their so-called Scammer Grammar was anything but what you’d expect from well-educated “barristers,” Nigerian kings or executives from respected American corporations. Well, the typos may remain — and not only because foreign-based fraudsters with weak command of English are often behind emails that hide malware-laden links or phish for sensitive information that could lead to identity theft. Now, tech-savvy tricksters are purposely misspelling certain words …

Online Fraud: Are You Next?

Posted on 03/5/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsThe difference between computer users who get scammed and those who don’t often comes down to a simple checklist: In just-released research, AARP identifies 15 particular behaviors, life situations and knowledge attributes that significantly increase vulnerability to online fraud. The kicker: Nearly 1 in 5 American adults — roughly 34 million people — engage in at least seven of them. These eye-opening findings are pooled from detailed surveys of more than 11,000 adults across the U.S., comparing the online actions, behaviors and life experiences …

$25: What Scammers Pay for Your Identity

Posted on 02/27/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsConsider it the law of Evil Economics: With the identity theft business booming, prices for stolen personal information sold on the black market have reached record low prices. “It’s simple supply and demand,” explains Jon Ramsey, chief technology officer at Dell SecureWorks, a division of the computer behemoth. “The identity theft business is so good that there’s a glut on the market” of everything crooks need to commit financial fraud. The result: It costs them less to obtain your stolen identity …

1-Click Tricks in Valentine’s Day Scams

Posted on 02/7/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsIt’s not just hearts that are stolen come Valentine’s Day. Also at risk: Your money, identity and sensitive computer files and online accounts – thanks to the many opportunities to infect computers with malware this love-filled season. True, most attention – and the biggest financial losses – occurs with “long-con” romance scams. That’s when crooks (often part of overseas organized crime rings) scroll dating websites and chat rooms, inventing fake identities tailored to their victims’ interests. After weeks or months …