Consumer Protection

ID Theft and Consumer Reports

According to the Federal Trade Commission (FTC), if you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a 2017 data breach at Equifax, one of the nation’s three major credit reporting agencies. In January, the FTC released Updated information…

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When Information is Lost or Exposed

Federal Trade Commission Did you recently get a notice that says your personal information was exposed in a data breach?  Did you lose your wallet?  Or learn that an online account was hacked? Social Security number Online login or password Debit or credit card number Bank account information Driver’s license information Children’s personal information Depending…

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Capital One Data Breach

Wall Street Journal July 29, 2019 Capital One Financial Corp. , the fifth-largest U.S. credit-card issuer, said Monday that a hacker accessed the personal information of approximately 106 million card customers and applicants, one of the largest-ever data breaches of a large bank. <https://www.wsj.com/articles/capital-one-reports-data-breach-11564443355> Fox News July 29, 2019  Authorities claim a Seattle software engineer…

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Equifax Data Breach

According to the Federal Trade Commission (FTC), if you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies. Information included people’s names, Social Security numbers, birth…

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Two Topics from the Course

Just about every topic that we’re discussing in the course has been in recent news, and I’ll touch on just a couple. Credit Card Debt On July 11, 2019 Yahoo Finance reporter Sibile Marcellus writes, “Americans owe more than $1 trillion in credit card debt. And according to a new CreditCards.com poll, households with credit…

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