Computer Fraud and Abuse Act Considered Controversial?

Matthew Keys’ hacking conviction may not survive an appeal


The conviction of former Reuters employee Matthew Keys on hacking charges this week has renewed focus on a controversial federal law that many say prosecutors are using incorrectly and too broadly to inflate cases and trump up charges.

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And the VW Saga Continues

VW screwed its dealers, too


Most of the immediate fallout from the Volkswagen emissions scandal has focused on customers (what does this mean for their cars?), Volkswagen itself (how much will this cost the company?), and the environment (just how much extra smog are we dealing with?).

Those valid concerns, though, ignore a key player: dealers. Most car buyers never deal with corporate offices. They buy and service cars at independent, franchise dealerships. Dealers were as surprised as anyone by the diesel deception from Wolfsburg, and could be even more screwed than VW owners themselves.

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Jamaica's Lottery Scam Targets the Elderly with Deadly Results

Driven to death by phone scammers


The day after Albert Poland killed himself in Tennessee, neighbors brought casserole dishes and reflected on the man who taught Sunday school for more than 45 years.

The phone rang. Caller ID showed that it was from the 876 area code. Then it rang again. And again. And again. More than 40 calls from Jamaica. Poland wasn't even in the ground yet.

Chris Poland could hardly contain his rage. The son decided to do something. He picked up his father's phone, placed it on speaker and hit the record button on his cell phone. He pretended to be his father.

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Love for Sale

Online dating made this woman a pawn in a global crime plot 


According to police who investigate online romantic cons, the scams follow a surprisingly consistent arc. Here’s how swindles typically unfold:

1. The Bait
2. The Grooming Phase
3. The Gift
4. The Crisis
5. The Bleed

Audrey Elaine Elrod is a woman who was duped into falling for a man online. She is now serving a 52-month sentence after pleading guilty to structuring and conspiracy to commit wire fraud.

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Today is the Beginning of the End For Magnetic Strips

No more swiping: new credit cards designed to reduce theft


For the black magnetic stripes on the backs of your credit and debit cards, Thursday will mark the beginning of the end — a shift that could be costly for retailers.

Since the beginning of credit cards, merchants were never liable if a thief used a stolen or counterfeit credit card to shop; the bank issuing the card usually made both the customer and the store whole.

But starting Thursday a subtle shift happens. If retailers who don't follow new procedures for credit card security, including the use of new cards that include embedded computer chips, then they will have to pay for what thieves steal.

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What Happened To 2-Factor Authorization?

That big security fix for credit cards won’t stop fraud


Tomorrow is the deadline that Visa and MasterCard have set for banks and retailers across the US to roll out a new system for more secure bank cards with microchips embedded in them.

Over the last few years, card issuers have spent between $200 million and $800 million to distribute new debit and credit cards to accountholders, while large retailers like Target, Home Depot and Walmart have spent more than $8 billion to install new card readers capable of reading the chips.

Despite this effort, retailers say the new system is highly flawed because instead of issuing the so-called chip ‘n’ PIN cards that offer two-factor authentication, banks and other card issuers are distributing chip ‘n’ signature cards, which thieves can easily undermine.

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