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Financial Safety

Scams, fraud prevention, AI in financial planning and retirement

Showing articles 37–48 of 220

  1. Financial Safety

    Special agents' blood and urine test results stolen in FBI hack

    Criminals have stolen medical test results belonging to FBI agents, which could expose sensitive health information that bad actors might use to manipulate or threaten them. For anyone concerned about cybersecurity, this is a stark reminder that even highly secured organizations aren't immune to data breaches, and personal information can be vulnerable regardless of who protects it. Worth knowing: if you work for any government or large organization, check whether your employer offers identity theft protection services, and consider placing a fraud alert with the three major credit bureaus as an extra safeguard.

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  2. Financial Safety

    DraftKings Is Using AI to Supercharge the Harms of Online Behavioral Advertising

    DraftKings is using artificial intelligence to identify customers who are losing money on bets and then deliberately targets them with advertisements designed to bring them back to the site—essentially profiting from people's gambling problems. For anyone who gambles online or has a family member who does, this matters because companies are now using sophisticated technology to deliberately lure back the customers most likely to lose money rather than helping them step away. Worth knowing: if you notice you're receiving increased promotional emails or ads from betting sites after a losing streak, that's likely AI targeting at work—and it's a sign to pause and reassess your gambling habits.

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  3. Financial Safety

    How to get your cut of Apple's $250 million Siri settlement

    Apple has agreed to pay $250 million to people who bought iPhones because Siri (the voice assistant) didn't work as well as promised in ads. If you've owned an iPhone recently, you may qualify for a payment without having to prove anything went wrong with your device. You can check if you're eligible and file a claim through the official settlement website, which should have simple instructions and a deadline you'll want to mark on your calendar.

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  4. Financial Safety

    Revolut is piloting facial recognition at store checkouts in the UK

    Revolut, a digital banking app, is testing a way to let you pay for groceries by simply looking at a camera instead of using your card or phone. For those of us who worry about forgetting wallets or fumbling with devices at the till, this could be genuinely handy—though it does mean stores would be collecting and storing your facial data. Worth knowing: before using any facial recognition payment at your local shop, ask the cashier what happens to your face scan and how long they keep it, since privacy rules are still catching up with this technology.

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  5. Financial Safety

    What you need to know about the OpenAI Australian government hack

    # OpenAI Australian Government Hack Summary Hackers broke into OpenAI's systems and stole sensitive Australian government and Medicare information, likely by exploiting weak security practices rather than through advanced technical wizardry. If you're an Australian who's ever dealt with Medicare or government services, your personal health and administrative records could potentially be at risk, which is why this matters beyond just tech headlines. Worth knowing: If you're Australian, keep an eye on your Medicare account for any suspicious activity, and consider checking your credit reports regularly over the coming months—the organisations affected should notify you if your information was compromised.

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  6. Financial Safety

    Microsoft disrupts AI-assisted platform that compromised 12,000 accounts

    A criminal platform called EvilTokens used artificial intelligence to break into 12,000 Microsoft email accounts by analyzing what was in people's inboxes and helping scammers impersonate trusted contacts to steal money. Microsoft worked with other companies to shut it down, but the platform had charged criminals $1,500 to start and $500 monthly for this automated hacking service. Worth knowing: if someone suddenly asks you to transfer money or verify payment information by email, contact them directly by phone first—scammers are getting better at imitating people you trust, so that extra step can catch a fake message before you act on it.

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  7. Financial Safety

    Inside a 'modern slavery situation' where cyber scammers are victims themselves

    Cybercrimers in Southeast Asia have trapped talented computer engineers into working for them against their will, forcing these skilled workers to help steal billions of dollars from innocent people worldwide. This reveals that the criminals running these operations sometimes exploit their own workers just as ruthlessly as they victimize ordinary people online. Worth knowing: if you receive an unexpected call or message claiming to be from a bank, company, or loved one asking for money or personal details, hang up and contact that organization directly using a number you find yourself—this is how many of these scams operate.

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  8. Financial Safety

    iPhone owners can now submit claims in Apple’s $250 million Siri AI settlement

    Apple is paying out $250 million because it promised advanced AI features for Siri that didn't arrive as planned, and if you bought certain newer iPhones between mid-2024 and early 2025, you may be eligible for a refund of $25 to $95. For iPhone owners in this group, this is a straightforward way to recover some money without needing to prove anything—just submit your device information online. Worth knowing: the payout amount depends on how many people file claims, so it's worth checking the settlement website soon if you think you qualify, as earlier filers may have slightly better odds.

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  9. Financial Safety

    ‘Brutal’: thousands of T-shirt designs stolen and listed on Temu, Sydney label claims

    A Sydney T-shirt designer discovered thousands of his original designs copied and sold cheaply on the Chinese shopping app Temu, likely using artificial intelligence to steal them from his website. For small business owners like him who've spent years building their brand, this kind of mass copying can be devastating to their livelihood and hard to stop. You can protect yourself by regularly checking whether your designs or photos appear on major reselling platforms, and consider adding watermarks or copyright notices to your work online.

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  10. Financial Safety

    The sexy AI-powered dating app scams are here

    Scammers are now using AI to create fake dating profiles with deepfake video calls that look convincing enough to trick people into sending money or personal information. For anyone using dating apps, this is a real concern because these fake profiles can be almost indistinguishable from real people and are designed specifically to build trust before asking for money. Worth knowing: if someone you match with wants to move quickly to video calls, asks for financial help, or seems oddly perfect for you, take it slow and verify their identity through reverse image searches before sharing anything personal.

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  11. Financial Safety

    India ends free ride for larger transactions on its ubiquitous digital payments network

    India is charging merchants a small fee (0.4%) for the first time on its popular UPI digital payment system, which handles millions of transactions daily through apps like Google Pay and PhonePe. Since many Indians rely on digital payments for everyday purchases, this fee could gradually lead to slightly higher prices in shops, restaurants, and services—though the impact may be modest at first. Worth knowing: if you're traveling to India or have family there, watch for small price increases on goods and services as merchants adjust to these new costs.

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  12. Financial Safety

    AI is supercharging money scams – here’s what you can do to protect yourself

    Criminals are now using artificial intelligence to impersonate people you know—cloning voices from online videos or creating fake video calls—to trick you into sending money, and losses among people over 60 have already reached hundreds of millions of dollars. These scams work because AI makes it cheap and fast for scammers to sound convincing, and you might not realize you're talking to a computer rather than a real person. Worth knowing: if someone you know calls asking urgently for money, hang up and call them back directly using a phone number you know is theirs, and be especially cautious if they ask you not to tell anyone about the request.

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