Hackers Guzzle Your Money via Starbucks Mobile App

Starbucks devotees, prepare for a jolt beyond what’s provided in those morning Cappuccinos: Hackers are draining financial accounts of customers who use Starbucks’ gift cards or mobile app to pay for coffee. The (no latte pun intended) skinny on this scam: Thieves hack victims’ online Starbucks accounts, via the user’s weak and/or overused passwords or credential-stealing malware, to access linked payment accounts – credit and debit cards, PayPal and bank accounts. This allows them to add a new gift card, …

Hackers Access Records for Millions of Anthem Customers

INDIANAPOLIS (AP) — Health insurer Anthem said hackers infiltrated its computer network and gained access to personal information for “tens of millions” of customers and employees, including CEO Joseph Swedish. The nation’s second-largest health insurer said it was contacting customers affected by what it calls a “very sophisticated” cyberattack that the company discovered last week. It said hackers gained access to names, birthdates, email addresses, employment details, Social Security numbers, incomes and street addresses of people who are covered or …

Prep for Safe Tax Filing … and for Scammers

There’s good reason — several, actually — why Monday kicks off Tax Identity Theft Awareness Week. As the tax-filing season gets under way for 2014 returns, the Internal Revenue Service faces massive budget cuts while two widespread tax scams continue. In addition to the epidemic IRS impostor scam, in which scammers pose as agents of that agency or the U.S. Treasury Department to extort supposedly “owed taxes,” there is another threat in the coming weeks: early filing of bogus tax returns to …

6 ‘Other’ Credit Card Protections

Think you’re safer paying with cash? Not always. For instance, holiday shopping means mall pickpockets are on the prowl. Despite reports of data breaches at retailers including Target, Home Depot and others, don’t shelve your credit cards just yet. Compared with debit cards, you’ll have fewer hassles and less liability should your card be used fraudulently. For certain purchases, credit cards are better than debit cards and cash because of other, lesser-known protections. These policies vary by card type and provider, so ask about your specific coverage: Extended return policies. Many retailers …

Is a Credit Freeze for You?

To freeze or not to freeze? It’s a common question, particularly after reports of yet another breach of payment card data like those at Home Depot, Kmart and Dairy Queen. The answer: Probably yes — but not because of those kinds of breaches. Certainly a credit freeze (also known as a security freeze) is a great way to proactively prevent identity theft and is advised for past victims of this crime who are likely to be targeted again. But it’s not foolproof and, …