Many consumers were unnerved to learn that Equifax, the giant credit-reporting corporation, suffered a data breach between mid-May and July that exposed sensitive personal information for an estimated 143 million individuals.
With more and more financial data being stored in and accessed by computers (and even mobile phones), and with untold millions of transactions taking place on the websites of retailers, banks, and others, it has never been more important to practice “safe computing.” The sobering fact is that computer hackers are ever-present online, searching for the vu
These days, we are becoming more and more familiar with the term, “Sandwich Generation:” those who are faced with the dual prospect of providing ongoing financial support for struggling adult children and simultaneously watching over aging parents who are becoming dependent.
There’s some pop song on the radio that repeats the question, “Is it too late to say sorry?” That question would have been a better defense than what John Stumpf, chief executive of Wells Fargo Bank, offered a Senate Committee recently.
A recent article in the Washington Post “Children’s Charity Victim of Ponzi Scheme” caught my eye.
We’ve all received emails riddled with misspellings from scam artists notifying us that a vast amount of cash is just waiting for us to claim or that something’s amiss with our bank account. All we need to do is enter our bank information and money will be wired immediately and we’ll live happily ever after. Many of these scams are targeted at older people.