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Facebook 'Secret Sister Gift Exchange' Is Illegal Scam, Better Business Bureau Warns Facebook 'Secret Sister Gift Exchange' Is Illegal Scam, Better Business Bureau Warns
Facebook 'Secret Sister Gift Exchange' Is Illegal Scam, Better Business Bureau Warns A Facebook post that resurfaces around the holiday season has been declared as an illegal scam, according to the Better Business Bureau. The post discusses the “Secret Sister Gift Exchange,” where participants are instructed to send one gift in order to receive up to 36 gifts in return. However, it’s easy to see that the math just doesn’t add up. “These gift exchanges, while they look like innocent fun, are really pyramid schemes – and are considered illegal,” the BBB warns. The gift exchange first became popular in 2015. Users were encouraged to invite others to participate in the exchang…

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by Valerie Musson
News
Alert Issued For Wire Fraud Scam Targeting Direct Deposit Info Alert Issued For Wire Fraud Scam Targeting Direct Deposit Info
Alert Issued For Wire Fraud Scam Targeting Direct Deposit Info A new phishing scam is targeting the HR departments of companies in an effort to reroute direct deposits. CNBC first reported that the new scam involves fraudsters rerouting direct deposit accounts, and once checks are made, the paycheck will instead go directly into the criminal’s account. According to KVC Health Systems, a child welfare nonprofit based out of the Midwest that was hit by the scam reported that the emails look legitimate and intentionally come from the company’s CEO, CFO or payroll director to increase the authenticity of the request. Reports state that the emails are diff…

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by Zak Failla
Business
'Massive, Extended' Marriott Breach Affects 500 Million Starwood Guests 'Massive, Extended' Marriott Breach Affects 500 Million Starwood Guests
'Massive, Extended' Marriott Breach Affects 500 Million Starwood Guests In one of the largest breaches of consumer data ever, up to 500 million guests' information may have been accessed as part of a breach of its Starwood guest reservation database, Marriott International announced on Friday morning. Following a three-month investigation, the company discovered there had been unauthorized access since 2014 and that an "unauthorized party" had copied and encrypted information. "The company has not finished identifying duplicate information in the database, but believes it contains information on up to approximately 500 million guests who made a r…

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by Joe Lombardi
Business
Card Data Stolen From 5 Million Lord & Taylor, Saks Fifth Avenue Customers Card Data Stolen From 5 Million Lord & Taylor, Saks Fifth Avenue Customers
Card Data Stolen From 5 Million Lord & Taylor, Saks Fifth Avenue Customers Two of the nation's premier department stores suffered a security breach that has compromised credit and debit card as well as personal information for more than five million customers. About 125,000 cards used at Lord & Taylor and Saks Fifth Avenue have been released for sale so far on dark web forums, according to Gemini Advisory, a New York-based cyber-security firm. For a notice about the breach published by Gemini Advisory, click here. A spokesman for the Hudson's Bay Company, which owns both chain stores, confirmed the breach and released separate statements for customers of both…

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by Daily Voice