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Twitter fined $150M after using 2FA phone numbers for marketing

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) have ordered Twitter to pay a $150M penalty for using users’ account security data deceptively. The deception violates an FTC order from 2011, that bars Twitter from “misleading consumers about the extent to which it protects the security, privacy, and confidentiality of no
Publish At:2022-05-27 09:01 | Read:98 | Comments:0 | Tags:Privacy 2fa Department of Justice DOJ EU-US Privacy Shield F

CafePress faces $500,000 fine for data breach cover up

The US Federal Trade Commission (FTC) has announced that it took action against online customized merchandise platform CafePress over allegations that it failed to secure consumers’ sensitive personal data and covered up a major breach. CafePress is a popular online custom T-shirt and merchandise retailer. According to Samuel Levine, Director of the FTC’s
Publish At:2022-03-16 12:47 | Read:558 | Comments:0 | Tags:Reports cafepress data breach FTC mfa password plain text SS

How to avoid being scammed this Valentine’s Day

With Valentine’s Day approaching, you can be sure that the scammers will want to take advantage of lovebirds everywhere. From romance scams and sextortion, to fake dating sites and phishing campaigns, here’s how to avoid a sting in the tail this Valentine’s Day. Romance scams Stories of online romance scams are abundant on the interne
Publish At:2022-02-07 12:47 | Read:616 | Comments:0 | Tags:Scams BBB Better Business Bureau child sexual abuse e-cards

Americans lost $770 million from social media fraud in 2021, FTC reports

A report from the US Federal Trade Commission (FTC) revealed that in 2021 Americans lost $770 million from social media frauds The US Federal Trade Commission (FTC) revealed that in 2021 Americans lost $770 million from social media frauds. These data are the result of the increased exposure of netizens through social media. The US agency received over
Publish At:2022-01-31 06:24 | Read:1574 | Comments:0 | Tags:Breaking News Cyber Crime Reports Security Cybersecurity cyb

FTC threatens “legal action” over unpatched Log4j and other vulns

byPaul DucklinThe Federal Trade Commission (FTC) is the US consumer rights body, and it has sailed into 2022 with a bang, not a whimper.Using the infamous Log4Shell vulnerability as what you might call its Exhibit A, the FTC has fired a shot across the bows of companies in US jurisdictions, telling them to get their patching in order, or face the consequence
Publish At:2022-01-05 15:00 | Read:1596 | Comments:0 | Tags:Data loss Law & order Privacy Vulnerability Equifax ftc Log4

FTC warns legal action against businesses who fail to mitigate Log4J attacks

The US Federal Trade Commission (FTC) has warned legal action against companies who fail to secure their infrastructure against Log4Shell attacks. The US Federal Trade Commission (FTC) warns legal action against companies who protect their systems against Log4Shell (CVE-2021-44228) attacks. The move aims at urging organizations in protecting
Publish At:2022-01-05 10:53 | Read:1483 | Comments:0 | Tags:Breaking News Laws and regulations FTC Hacking hacking news

FTC bans SpyFone and its CEO from continuing to sell stalkerware

Nearly two years after the US Federal Trade Commission first took aim against mobile apps that can non-consensually track people’s locations and pry into their emails, photos, and videos, the government agency placed restrictions Wednesday on the developers of SpyFone—which the FTC called a “stalkerware app company”—preventing the company and its CEO Scott Z
Publish At:2021-09-01 23:31 | Read:1884 | Comments:0 | Tags:Stalkerware Coalition Against Stalkerware Federal Trade Comm

Romance scams: FTC reveals $304 million of heartache

In 2020, reported losses to the FTC for romance scams went up by 50% from 2019, totalling $304 million. And things weren’t exactly good before: Romance scams have cost people a fortune for 3 years running, according to the FTC. Their latest report suggests a steady rise in these kind of scams generally and ponders the impact of the pandemic. If nobody
Publish At:2021-02-18 17:12 | Read:1716 | Comments:0 | Tags:Privacy apps dating fake FTC romance scams

Romance scams at all-time high: here’s what you need to know

byPaul DucklinThe US Federal Trade Commission (FTC), America’s official consumer protection watchdog, recently warned that romance scammers are making more money than ever before.Victims in the US were tricked out of more than $300 million in 2020, up from $200 million in 2019.The FTC says that the median average financial loss in a romance scam was $2
Publish At:2021-02-16 12:49 | Read:1722 | Comments:0 | Tags:Social networks fraud ftc romance scam Scam

The many ways you can be scammed on Facebook, part II

In part 1 of this article series, we looked at data mining schemes, scam ad campaigns, concert tickets scams, and PayPal fund transfer scams. Today, we continue to list down the other scams you might encounter on Facebook. Bitcoin trading scam Who would have thought that a “simple” phishing scheme would be a front to a global Bitcoin tradin
Publish At:2020-12-18 23:12 | Read:4155 | Comments:0 | Tags:Scams 20/21 Winter Wishes 2020 Jayco Greyhawk RV account hij

A week in security (December 7 – December 13)

Last week on Malwarebytes podcast we talked to Doug Levin, founder of the K12 cybersecurity resource center and advisor to the K12 Security Information Exchange, about how schools can plan for a cybersecure 2021. We also released a Malwarebytes Labs report revealing that 50 percent of schools did not prepare for secure distance learning. In our b
Publish At:2020-12-14 13:54 | Read:2065 | Comments:0 | Tags:A week in security adrozek cloudflare covid-19 vaccines disi

HyperBeard Fined $150K for Allegedly Collecting Children’s Data Illegally

The U.S. Federal Trade Commission (FTC) fined app developer HyperBeard $150,000 for allegedly collecting children’s data in an unlawful way.On June 4, the FTC announced that HyperBeard had agreed to pay a fine of $150,000 and to delete any information it had collected from children under the age of 13 in order to settle allegations against it.A complai
Publish At:2020-06-05 11:00 | Read:2145 | Comments:0 | Tags:IT Security and Data Protection Latest Security News fine FT

RevenueWire to pay $6.7 million to settle FTC charges

What can you do as a scammer when no legitimate payment provider wants to process your payments anymore? Or, what if you are growing sick and tired of these same payment providers reimbursing disgruntled customers who claim that your products didn’t fix computers, like—you know—you said they would? Simple. You rely on some novel help. That is, unti
Publish At:2020-05-18 13:42 | Read:2144 | Comments:0 | Tags:Tech support scams browlock fake online scanners fraud FTC p

FTC says $12 million were lost due to Coronavirus-related scams

Consumer reports received since January 2020 revealed that that approximately $12 million were lost due to Coronavirus-related scams, FTC says. The U.S. Federal Trade Commission revealed that Coronavirus-related scams reported by consumers since January 2020 caused approximately $12 million losses. FTC received 16,778 reports of frauds, roughly 46.3% o
Publish At:2020-04-14 06:00 | Read:3091 | Comments:0 | Tags:Breaking News Cyber Crime Hacking coronavirus Coronavirus-th

New Consumer Online Privacy Rights Act (COPRA) would empower American users

Despite the already dizzying number of comprehensive data privacy proposals before the US Senate—nearly 10 have been introduced since mid-2018—yet another bill has entered the conversation: the Consumer Online Privacy Rights Act. This time, the bill, called COPRA for short, is sponsored by a Democratic Senator from Washington whose name has rarely been c
Publish At:2019-12-17 16:50 | Read:2808 | Comments:0 | Tags:Privacy Big Tech Consumer Online Privacy Rights Act COPRA da

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