Viewing entries tagged
consumer

Tech Support Scam Losses Rose 86% in 2017

Tech support scams last year resulted in $15 million in losses, an increase of 86% over 2016, according to the FBI Internet Crime Complaint Center (IC3).

In 2017, IC3 received approximately 11,000 complaints related to tech support fraud. The claimed losses amounted to nearly $15 million. While a majority of tech support fraud involves victims in the United States, IC3 has received complaints from victims in 85 different countries.

Still confused after the Equifax breach? Answers to 5 common questions.

Equifax, one of the three main credit reporting companies, said last week that a major data breach exposed Social Security numbers and other important information of millions of people.

The breach affected about 143 million consumers in the United States, as well as some in Canada and the United Kingdom, but Equifax didn't provide a number. Hackers had access to the data between May and July. The company publicly announced the hack on September 7, 2017

Equifax has not done much to clear up public confusion surrounding the breach, affecting nearly half of Americans. Many are left with questions regarding how this happened, and what to do now. 

Here are the answers to 5 common questions: