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Month: March 2016

Cybercrime / Privacy

Crime *does* pay — hackers earn about $40 an hour. But black hats who turn white get a big raise

March 4, 2016 Bob Sullivan 1

Crime does pay! About $28,744 per year, figures researcher Larry Ponemon. But that’s a quarter of the income that security pros make, so mommas, don’t let your babies grow up to be hackers. Hackers’ hourly rate suffers too. Computer criminals make about $40 an hour, compared to a little more [Keep reading]

Cybercrime / Privacy

Can behavioral economics make people more honest? (and help cut your insurance rates)

March 3, 2016 Bob Sullivan 0

The Internet, and the sharing economy, have changed the way we buy everything — from books to mattresses to “hotel rooms” to taxi rides. Now, it’s the insurance industry’s turn. A series of startups promise disruption of this product consumers love to hate. (Sorry, Flo.) Even well-known author Dan Ariely [Keep reading]

Gotchas / Consumer

They’re baaaaack…..home equity loan activity surges; will houses become ATMs again?

March 2, 2016 Bob Sullivan 0

American mortgage holders are optimistic that equity in their homes is rising, and that’s helping fuel— for better or worse — a huge increase in home equity lending, this has homeowners who are over 50 exploring their options and beginning to think about equity release and whether or not it [Keep reading]

Features

‘Monopoly money’ is going away, but that’s not the real scandal, says the woman who wrote the book on Monopoly

March 1, 2016 Bob Sullivan 0

There was much hand-wringing recently when Hasbro announced that it would make the popular board game Monopoly cashless.   Now, players will use something more like credit cards. “My kids won’t learn math,” yelled parents everywhere, in perhaps the biggest indictment ever of the way Americans learn math.   In [Keep reading]

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About me

BOB SULLIVAN is a veteran journalist and the author of four books, including the 2008 New York Times Best-Seller, Gotcha Capitalism, and the 2010 New York Times Best Seller, Stop Getting Ripped Off! His latest, The Plateau Effect, was published in 2013, and as a paperback, called Getting Unstuck in 2014. He has won the Society of Professional Journalists prestigious Public Service award, a Peabody award, and The Consumer Federation of America Betty Furness award, and been given Consumer Action’s Consumer Excellence Award.

Bob Sullivan