Category: News

Be Wary of Free or Cheap Credit Monitoring and Identity Theft Services

Apr 4, 2017 / News

Identity theft is a rampant concern for nearly all consumers. Unfortunately, certain enterprising companies have decided to capitalize on consumers’ fears by offering credit and identity theft monitoring services “free” of charge. Relying on the companies’ advertisements and bold claims, many consumers are proactively enrolling. Consumers seem to be unaware that some of these identity theft/credit monitoring services have faced federal fines for unfair and deceptive trade practices stemming from […]

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Congress Guts Consumer Privacy Protections

Mar 31, 2017 / News

Do you believe that broadband internet access service (BIAS) providers, such as Comcast, AT&T, Cox, and Verizon, should be allowed to sell or use your browser history, e-mail addresses, and application usage data without asking for your permission? When Congress’s Joint Resolution (S.J. Res. 34) is likely signed into law in a few days, BIAS providers will have the power to use your personal information to generate revenue for the […]

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Recent FINRA Sanctions Against Merrill Lynch May be Just the Beginning

Feb 15, 2017 / FINRA

The Financial Industry Regulatory Authority (FINRA) recently announced a small fine against Merrill Lynch, Pierce, Fenner & Smith Inc. (Merrill Lynch) relating to the recommendation of leverage to clients. In reality, FINRA has only scratched the surface of a monumental problem in the retail securities industry that will likely lead to devastating results for clients of Wall Street firms when interest rates rise, and the markets turn bearish as part […]

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11TH CIRCUIT BROADLY INTERPRETS “LOSS” UNDER COMPUTER FRAUD & ABUSE ACT

Feb 3, 2017 / News

On January 25, a panel of the U.S. Court of Appeals for the 11th Circuit broadly construed the meaning of “loss” under the Computer Fraud and Abuse Act (“CFAA”). In the case before the Court, the Defendant, an executive at the company, was accused of exploiting a generic password to secretly access numerous employees’ email accounts and read the employees’ emails without official authorization “solely on suspicion of dishonesty concerning […]

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