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Fake ‘movie money’ from Amazon, eBay making bank in NYC

“The Secret Service last month issued a new warning about fake cash used in movies flooding into the real world” reports nypost.com. Chuck Schumer said Friday, announcing the fun money was becoming a “major problem” for Big Apple retailers.New York’s streets are awash with counterfeit cash this holiday season — and lawmakers say it’s very real-looking Hollywood movie prop money that’s been bought on Amazon and eBay.As part of their blitz on fake bills, the Secret Service announced “Operation Quick Glance,” which urges businesses and shoppers to take a quick…

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More than 60% of Americans say they’ve been a victim of an online scam

“And the survey of 2,000 Americans found the most common digital threat people have fallen victim to is a scam” reports nypost.com. When it comes to precautionary measures people can take, 59 percent keep their passwords private to secure their digital information.Just one in 10 Americans have NOT been a victim of a fraud, scam, data breach, identity theft or social media hacking, according to new research.Unfortunately, it’s the way Americans choose to engage with some of the bigger digital red flags that leaves them worried about their digital information…

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News Platforms 

Report: Social media networks fail to root out fake accounts

“Given the low number of accounts removed, it is clear that social media companies are still struggling to remove accounts used for social media manipulation, even when the accounts are reported to them,” the report concluded” reports politico.com. In total, they were able to identify almost 19,000 false online accounts that had been used to manipulate social media platforms in some form.But after a month of purchasing the social media manipulation tools, the NATO-affiliated researchers said that 80 percent of their fake online engagements were still online. Source: politico.com

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The Technology 202: Lawmakers are ready to crack down on robocalls. You’re welcome.

“White House trade officials told at least one group urging to remove the language that it had no intentions to do so on Tuesday, John and Brody report” writes Cat Zakrzewski for washingtonpost.com. House lawmakers yesterday passed a bipartisan bill aimed to crack down on the fraudulent auto-dial callers by a nearly unanimous 417-to-3 vote.Some advocacy groups and lawmakers have pushed to update existing U.S. children’s privacy law, which protects only users ages 13 and under. Source: washingtonpost.com

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News Stocks 

Expedia stock soars after CEO and CFO are ousted in disagreement with board

“IAC, -0.36%, has been chairman of Expedia since 2002, the year IAC took a controlling stake in the company” writes Ciara Linnane for marketwatch.com. The stock has tumbled 17% over the past three months, while the S&P 500 SPX, +0.63% has gained 6%.Shares of Expedia Group Inc. soared more than 7% Wednesday, after the online travel services company surprised the market with the news that its CEO and CFO are out after about two years in their roles, following a disagreement with the board of directors on strategy.Also: As Expedia…

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Man downloaded over 60K lab reports from an N.J. healthcare company, authorities say

“A Louisiana man illegally downloaded more than 60,000 lab reports by sending in fraudulent requests to a New Jersey healthcare company, authorities said Wednesday” writes Nj Advance Media for nj.com. David Manno, 34, was charged with one count of wire fraud for downloading the lab reports belonging to more than 30,000 customers by submitting altered requests through the unidentified publicly-traded healthcare company’s online portal, the U.S. Attorney’s Office said in a statement.By tweaking the online portal’s URL in November 2016, Manno was able to send more than 150,000 modified requests…

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Are Amazon Holiday Deals Worth It? We Test The Most Popular Products In

“And during the holidays, the one-stop-shop for online purchases seems to have a gift for just about anyone” reports parade.com. Even with Black Friday weekend and Cyber Monday behind us, we have Amazon Prime to thank for an abundance of holiday deals.In this week’s Try the Trend, we purchased a few Black Friday hot deals from the online retailer—interesting and useful products that have substantial holiday discounts, like a hair-straightening brush and a drill-brush power scrubber. Source: parade.com

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