This should come as a surprise to no one: Equifax is making hacked consumers wrestle with additional red tape. The firm is asking for more paperwork from consumers who were victimized by the credit bureau’s giant data breach in 2017. The additional red tape seems designed to shrink the ranks [Keep reading]
An excerpt from the introduction to Barstool MBA: Why Running a Bar Beats Running to Business School. BOB: Before we go any further, let’s introduce ourselves. I’m Bob Sullivan. I’m a business journalist, and I’ve written several books on economics and technology. I also spent 20 years working at [Keep reading]
Zelle hackers recently stole nearly $23,000 from an 86-year-old New Hampshire woman, draining her Bank of America checking and savings accounts, and the bank denied her dispute of the fraudulent charges for months. Criminals were able to complete eight separate $2,499 withdrawals from the victim’s account — $1 below the [Keep reading]
Maybe you’re bored of reading about ransomware attacks, but plenty of local government agencies wish they were so bored. Organized bands of cybercriminals keep pounding away at smaller government IT systems with great success. In the latest attack (that we know about), more than 20 agencies across Texas were hit [Keep reading]
I’ve written a lot about Zelle fraud in recent months, as banks keep erroneously rejecting victims’ requests for “refunds” after their money is stolen. NBC recently reported on the story and asked me to help. Their piece does a good job of illustrating the scope of the crime – based [Keep reading]
One of my favorite subjects is the problem of shortened attention spans and the fallacy of multitasking in the digital age. Tech competes for our eyes and ears perhaps thousands of times each day. The average worker only gets a few moments to focus on something without being interrupted. Even [Keep reading]
When Facebook announced its grand cryptocurrency idea on Tuesday, the rebellious nature of crypto-coins — decentralized, anonymous, not backed by a government — was decidedly missing. It is not yet known how Facebook’s cryptocurrency will affect trading. Visit cryptoevent.io if you are hoping to get into cryptocurrency trading. Facebook has [Keep reading]
The side hustle? It’s a trap! And if we’re not careful, we’re going to end up with a new economic category: The Four-Income Household. In fact, we might already be there. A new Bankrate survey found that 45% of American workers say they have a side hustle. At the moment, [Keep reading]
“Working too hard can give you a heart attack-ack-ack-ack-ack-ack. You oughta know by now.” It’s the official start of summer, and if you haven’t planned your vacation yet, you aren’t alone. Americans are terrible at taking vacations, terrible at relaxing — terrible at shutting down and rebooting. I think I [Keep reading]
Does your power company know when you get home at night? Does it know how often you use your microwave oven? In this week’s week’s episode of So, Bob, we examine the sometimes controversial topic of smart meters. They have great potential to help cities manage the increasing power demands [Keep reading]
Bob Sullivan