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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). Fraud alerts and credit freezes Protect you from identity theft.

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Major Banks Under Fire for Refusing Reimbursements to Victims of Online Payment Scams

Identity IQ

Major Banks Under Fire for Refusing Reimbursements to Victims of Online Payment Scams IdentityIQ Major U.S. banks, including JPMorgan Chase, Wells Fargo, and Bank of America, have come under intense scrutiny for their response to online payment scams. Key Takeaways Major U.S.

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Credit Freezes are Free: Let the Ice Age Begin

Krebs on Security

If you’ve been holding out because you’re not particularly worried about ID theft, here’s another reason to reconsider: The credit bureaus profit from selling copies of your file to others, so freezing your file also lets you deny these dinosaurs a valuable revenue stream. But it also includes a silver lining.

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FTC Warns US Citizens of ‘Instant Cash Payments’ Scammers Impersonating the Agency

Hot for Security

The US Federal Trade Commission (FTC) has released information on scammers impersonating the agency, warning the public that the criminals operate a spoofed website to trick consumers into disclosing financial information, with a tantalizing promise of instant cash.

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Credit Card Fraud VS. Debit Card Fraud: Are you Protected?

Identity IQ

Consumer protection laws differ in each case and knowing the differences can help to keep your accounts safe from identity theft. While there are protections for both, you can face more liability for fraudulent charges than if you’d used your credit card instead. When Should I Use a Credit Card?

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Can “Buy Now, Pay Later” Apps Be Trusted with My Personal Data?

Identity IQ

Considering this type of app is a new concept, it’s not fully regulated like banks or mortgages, at least, not yet. The Consumer Financial Protection Bureau recently asked several buy now, pay later, or BNPL, providers for information related to some concerns it has about short-term installment plans.

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Common Holiday Scams and How to Avoid Them

Identity IQ

Never share personal information or banking details with unsolicited callers or emails. Stay informed and aware: Keep yourself updated on the latest holiday scams and trends by reading reputable blogs , news sources, and consumer protection websites. Avoid purchasing gift cards from online auctions or marketplaces.

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