If found guilty, Wells Fargo will have to pay hundreds of millions back to the federal government. However, prosecutors must be able to prove without a shadow of a doubt that Wells Fargo intended to defraud the government and this may prove tricky.
New financial services can keep you secure, or put you at risk Tech bloggers fantasize about the days when wallets will be obsolet e— all your business cards, photos, credit cards, and ID will be stored on your smartphone. While this can make your financial life more risky, it can actually be a more secure …
Managing Your Financial Security in the Era of Google Wallet Read More »
If you’ve needed to access work-related information from anywhere other than the office, you understand the inherent value of cloud computing. Cloud computing stores everything from graphs to policy briefings online, making them available to authorized users via the Internet. Not long ago, only large companies with a vast amount of expensive information networks could …
How The Cloud Saves Your Data from Total Destruction Read More »
We cannot say for certain whether this was a hack or an outage but we can assume that many consumers will be questioning the security and stability of GoDaddy for some time to come. If it’s true, he has completed one of the largest successful hacks in history.
They want $1M for the tax records and if Romney really is hiding something and they truly have the records, it would be cheaper for him to pay them off. But first, do they even have the records?
When the computer is rebooted or restarted, a screen comes up telling the user that they have violated federal laws and that they now owe a fine. Once the fine is paid, the virus continues working in the background and can steal credit card or banking information.
Medicare fraud doesn’t just cost citizens taxpayer dollars. According to Gary Cantrell, Deputy Inspector General for Investigations for HHS, “Medicare fraud also exposes some of our most vulnerable citizens to identity theft, and, in some cases, endangers patients’ lives.”
On August 2nd the Cybersecurity Act of 2012 was defeated by the US Senate. This bill would have allowed big companies to track what we do on the Internet and then give that information to the government. While this is great news for the cyber community, this does not mean that this is the end of this type of legislation.
Your smartphone might not be as safe as you think… Identity theft has increased by 13% since 2010; and with dozens of apps requesting personal information, and the ever-present danger of lost or stolen phones, many experts tie this increase to the greater penetration of smartphones. Most people are careful to protect email passwords and …
Starting in November of 1935 as part of the New Deal Social Security program, citizens of the United States were issued what the Social Security Administration called Social Security Numbers. Familiar to us all today, these numbers were and still are used for income tracking and taxation purposes, and are the most sensitive piece of …
Identity Fraud Against Overseas Military Members Read More »