How Bad Actors Recruited Coinbase Agents for Extortion and Phishing
Crypto exchange Coinbase was the target of an attack that resulted in stolen customer data and potentially $400 million in damages. The company reported that a group of bad actors had been approaching its overseas contractors for months, attempting to bribe them into releasing customer information. Once the criminals succeeded, they threatened to leak the […]
CFPB Rescinds Rule Limiting Sale of Personal Data
The Consumer Financial Protection Bureau (CFPB) is withdrawing a proposal, originally passed during the lame-duck period of the Biden administration, that aimed to curb the sale of personal information by data brokers. At the time, then-CFPB Director Rohit Chopra said the rule was necessary to address national security, surveillance issues, and the risk of criminal […]
Tariffs May Create an Opportunity in Small-Business Cards
The specter of looming tariffs has created a great deal of uncertainty for the backbone of the American economy: small businesses. As if inflation and high interest rates were not stressful enough, many smaller enterprises in retail and manufacturing face the prospect of supply chain disruptions, impeded cash flow, and questions about operating costs. This […]