Don’t Get Soaked With a Flood Car

If you’re car shopping, you can live hundreds of miles from the type of flooding that recently ravaged parts of Texas and still get soaked. Each year tens of thousands of cars are damaged by floods to the point of being deemed a total loss by insurers; yet more than half wind up for sale, often on distant dealer lots, reports vehicle-tracking service Carfax. After insured owners are paid off, these so-called flood cars are hauled to a salvage yard, where they are supposed …

When the FBI Calls, Hang Up?

In just one month, Linda Blase received 74 phone calls — 57 of them from illegal telemarketers or robocallers. “It’s rampant,” the Dallas small-business owner told the U.S. Senate Special Committee on Aging this week. “These callers are an unwanted intrusion into my home.” It’s been nearly a dozen years since the federal government launched the Do Not Call Registry, allowing consumers to request that telemarketers not call them. But advances in technology since then make it easy for disreputable …

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 …

Let the (Home) Buyer Beware

Looking to buy or sell a home in the coming weeks (a period that’s expected to be the busiest real estate season in eight years)? If so, beware of a new impersonation scam that targets real estate agents and others involved in house closings — specifically, their clients. It starts with an email to real estate agents (supposedly sent by an interested buyer) that includes an attached link. When the recipient opens the link, malware secretly infects the individual’s computer, …

The Passcode to Hack Most Credit Card Readers

About 90 percent of checkout payment card readers, like those implicated in last year’s string of retailer data breaches, currently use the same password. Reason: The default setting hasn’t been changed – either by its manufacturer, middlemen vendors or retailer clients that purchase the devices. That’s the stunning conclusion after researchers from cybersecurity firm Trustware examined point-of-sale (POS) card readers at 120 retailers nationwide. “No one is changing the password when they set this up for the first time; everybody …