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National Consumer Protection Week: Keeping your personal data safe in a digitally connected world

Webroot

March is a time for leprechauns and four-leaf clovers, and as luck would have it, its also a time to learn how to protect your private data from cybercrime. Each year, the first week of March (March 2-8) is recognized as National Consumer Protection Week (NCPW).

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Government Shutdown Leaves Americans More Vulnerable to Identity Theft, Scams

Adam Levin

citizens are more vulnerable to the effects of identity theft and scams as a result of the ongoing government shutdown. The two primary websites created by the government as resources for victims of identity theft, IdentityTheft.gov and FTC.gov/complaint , are currently offline as part of the partial shutdown of the Federal Trade Commission.

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New IoT Security Regulations

Schneier on Security

Consumers will buy products without proper security features, unaware that their information is vulnerable. And current liability laws make it hard to hold companies accountable for shoddy software security. It falls upon lawmakers to create laws that protect consumers. But we need more, and soon.

IoT 264
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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. Financial institutions must emphasize trust-building measures by preserving data privacy and consumer protection to mitigate risk in AI systems.

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Cybercriminals Accelerate Online Scams During Ramadan and Eid Fitr

Security Affairs

Middle Eastern enterprises, facing this heightened risk, are urged to bolster consumer protection and reinforce their brand security. Notably, in the Kingdom of Saudi Arabia (KSA), consumer spending topped regional charts, exceeding $16 billion.

Scams 135
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Business ID Theft Soars Amid COVID Closures

Krebs on Security

For both dormant and existing businesses, the fraudsters attempt to create or modify the target company’s accounts at Dun & Bradstreet. ” McMahan said the thieves somehow hacked her DNB account, and then began adding new officers and locations for her business listing. ” PHANTOM OFFICES.

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GAO Recommends Stiffer Penalties for Privacy Violations

Adam Levin

Federal Government should pass legislation protecting citizens’ privacy online, according to a new report by the Government Accountability Office. The GAO study referenced 101 privacy violations that had been referred to the FTC for enforcement, nearly none of them resulting in fines or penalties for offenders.