By Louise Lee The Wall Street Journal Mon., Nov. 26, 2018 Cyberattacks on small companies are soaring, and businesses that have a data breach can face steep fines or lawsuits. Now two academics are arguing those potential penalties are far too steep—and small businesses deserve a break. The researchers, from Bloomsburg University of Pennsylvania, made their case recently in the Journal of Business & Technology Law. Small companies, they say, are covered by the same cybersecurity laws as big companies, but they don’t have the same resources to manage security and can’t afford big fines or payouts in lawsuits. So, the researchers argue, lawmakers should find a way to protect smaller companies from devastating penalties. The Wall Street Journal spoke with the researchers—Loren F. Selznick, associate professor of business law, and Carolyn LaMacchia, associate professor of information and technology management. Here are edited excerpts of the … [Read more...] about The case for protecting small firms from cyber lawsuits
Identity theft at target stores
By Carola Vyhnak Special to the Star Tues., Sept. 4, 2018 To the fraudster who used my name to get a Costco credit card: I hope you’re enjoying the big-screen TV, lifetime supply of toilet paper or whatever you spent $3,406.25 on during that two-day shopping spree last spring. Thankfully, I’m not on the hook for your haul, but I’m paying the price nonetheless, feeling angry and violated, not to mention confounded by how you got hold of my particulars. I learned about your duplicity — as did a number of my Toronto Star colleagues, both current and former employees who were similarly targeted — after Capital One Canada, the financial services and credit card company that issued the unauthorized Mastercard, sent me a letter about a “possible fraudulent account.” (For the record, I’ve never even set foot inside a Costco store.) Capital One, which has assumed liability, wouldn’t say what tipped them off other … [Read more...] about The painful price of identity theft
By Craig R. McCoy The Philadelphia Inquirer Wed., July 11, 2018 PHILADELPHIA—Three years ago, Tonya Bell went to City Hall and discovered that she was dead. And that her house had been stolen. She learned these things when she looked at the deed for a property she owned in the Germantown neighbourhood. In the deed, she had been declared dead by a man she had never heard of. He had named himself her sole heir and taken ownership of her house for $1. In the years that followed, the saga of her stolen house took many twists and turns, few of them good for Bell. She learned that the notary who approved the $1 sale to “Braheem Hart” later admitted she never met the “heir” and helped fabricate the paperwork as a favour to her cousin. Article Continued Below She learned that a company that renovates and resells homes had ended up the owner of her property and resold it for almost $300,000 (U.S.). Without ever contacting her, the firm … [Read more...] about A Philadelphia woman was falsely declared dead and had her home stolen — and no one would help
By Martha Irvine The Associated Press Tues., June 26, 2018 CHICAGO—Ayrial Miller is clearly annoyed. Her mother is sitting with her on the couch in their Chicago apartment, scrolling through the teen’s contacts on social media. “Who’s this?” asks Jennea Bivens, a.k.a. Mom. It’s a friend of a friend, Ayrial says, and they haven’t talked in a while. “Delete it,” her mom says. The 13-year-old’s eyes narrow to a surly squint. “I hate this! I hate this! I hate this!” she shouts. Article Continued Below Yes, Bivens is one of “those moms,” she says. The type who walks into her daughter’s bedroom without knocking; the kind who tightly monitors her daughter’s phone. She makes no apology. Nor should she, says a retired cybercrimes detective who spoke to her and other parents in early June at Nathan Hale Elementary School in Chicago. “There is no such thing as privacy for … [Read more...] about Do you really know what your kids are doing on their devices?
caption Don’t be afraid to ask to see the store’s clearance items. source Thomas Cooper/Getty Images Walmart store employees know all about the chain’s inner workings. Some shopping hacks, savings tips, and store policies might not be readily apparent to shoppers. Here’s a look at some insider tips from employees that you should know if you’re going to shop at Walmart. Walmart stores are everywhere. The retail chain reports that it currently operates 11,700 retail locations in 28 countries. It’s safe to say that the 1.5 million Walmart employees in the US – as well as their eight million international colleagues – know a thing or two about the chain’s inner workings. Whenever you’re preparing to go on a shopping spree, it pays to come in armed with as much information as you can get. That way, you can keep an eye out for the best possible deals and … [Read more...] about 8 insider facts about shopping at Walmart that all employees know