Three years ago, the United States shifted to chip-enabled credit and debit cards. The big promise was that chip cards would reduce payment card fraud. While that is mostly true, millions of chip-cards are still getting stolen because some merchants haven't made the switch.
A Business Email Compromise (BEC) scam is a type of financial fraud designed to steal money from businesses and individuals. If the email from the CEO says to transfer money ASAP, it's time to call IT, not the bank.
A year after the massive data breach rocked Equifax, there has been some incremental changes: new state regulations and a federal law for credit freezes. What more needs to happen to get significant improvements in data security and digital privacy?