Digital Payments and Security Concerns: Protecting Your Accounts

Handling money can be a very difficult task, especially given the many cases of debit and credit card fraud that come to light each year. Thankfully, banks and credit unions are providing new services to address these issues, such as smartphone apps that allow members to maintain complete control of their cards, no matter where they happen to be. This is especially useful in case somebody were to accidentally lose their debit or credit cards, as this would give them less hoops to jump through in order to freeze their accounts due to such a situation.…

Hashtag Robbed: Two Million Passwords Stolen from Social Media Sites

Online hackers have successfully stolen more than two million passwords from the biggest social media sites, including Facebook, Twitter and LinkedIn. The details were then posted online, and although victims were spread across the globe, it is claimed by investigators that the majority of these users were based in the Netherlands. The crime was uncovered when a team of probing a botnet known as ‘Pony’ stumbled across the mass of compromised data. A botnet is a network of hacked computers set up by criminal gangs to enable them to share information and perform a variety of illegal activities.…