marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
data breach
12/13/2024
/
By Ava Grace
Scammers using fake Telegram verification bots to steal cryptocurrency assets from unsuspecting victims
Scammers are combining social engineering with fake Telegram verification bots to inject crypto-stealing malware into users’ systems, leading to substantial losses. The scam involves creating counterfeit X accounts impersonating popular crypto influencers, luring followers to Telegram groups, and prompting them to verify their identities through a fake bot named “OfficiaISafeguardBot.” The fake bot injects a […]
10/23/2023
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By Arsenio Toledo
Sen. Durbin proposes bill to reduce credit card swipe fees – critics warn bill would increase credit card fraud
Democratic Sen. Dick Durbin of Illinois has once again filed a bill in the Senate that could limit the ability of banks and credit unions to implement anti-fraud technologies to protect users of credit cards. The Credit Card Competition (CCA) Act of 2023 claims to want to lower interchange fees. Also known as “swipe fees,” […]
09/11/2023
/
By Laura Harris
Several cases of IDENTITY THEFT spark concern over Australia’s national digital ID proposal
Several users of Centrelink, Australia’s government welfare payment manager, have experienced cases of identity theft. These cases sparked concerns over Australia’s national digital ID proposal. In July, Australian Finance Minister Katy Gallagher said she expected the national digital identity model to be implemented in an “economy-wide system.” But an Australian pensioner named Luca doesn’t think […]
02/03/2023
/
By Belle Carter
PayPal to lay off 2,000 employees as part of a larger effort to reduce spending
Payment firm PayPal Holdings Inc. is set to cut seven percent of its workforce, or about 2,000 employees. “While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do,” the firm’s CEO Dan Schulman said in a statement. The company’s […]
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