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Debt Collection Files

Debt collectors’ new tactic: Scary text messages

Debt collectors reportedly have a new strategy to get consumers’ attention: text messages. “YOUR PAYMENT DECLINED WITH CARD ****-****-****-5463 . . . CALL 866.256.2117 IMMEDIATELY,” reads one such text, according to the Federal Trade Commission. (This story was first published on Credit.com. Read it there.) The agency has temporarily halted three [Keep reading]

Cybercrime / Privacy

Starbucks value creation gift card hack adds money for nothing, hacker says; firm criticizes ‘fraudulent activity’

A computer security researcher says he recently found a way to hack Starbucks’ gift card system and add value to a gift card essentially for free.  Starbucks has not yet responded to my questions about the attack, but the researcher says the bug he exploited has been fixed. Computer security consultant Egor Homakov, [Keep reading]