National Consumers League

Personal Finance

Hot Topics in Personal Finance

Fraud warning: Malware scams locking computers for ransom

Laptop computer with padlock and chainFraud experts are warning consumers about a new scam being tracked by the Federal Trade Commission, the FBI, and other federal agencies: Cryptolocker malware, tricky technology that is spread through email, locks your files, and requires a key -- that crooks make you pay a ransom for -- to unlock.

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Target data breach a wake-up call for retailers, policymakers

Close-up of credit card numbersThe period between Thanksgiving and Christmas is the busiest shopping time of the year. This past holiday season wasn’t quite so bright for Target Corp. One of America’s largest retailers, the company suffered the second biggest data breach in U.S. history when data from 40 million credit and debit cards was stolen by hackers. Think you might have been affected?

Read more: Target data breach a wake-up call for retailers, policymakers

Familiar faces in 2012 Top Ten Scams Report

Top 10In 2012, fake check scams earned the dubious distinction of being the top scam reported by consumers to the NCL’s fraud complaint site, Fraud.org. Nearly 32 percent of the total scams reported fell into this category, and it is the second time in three years fake check scams topped our list.

 

Read more: Familiar faces in 2012 Top Ten Scams Report