Hackers claimed $158 million in fake unemployment checks by stealing taxpayers’ identities

Yahoo Life is committed to finding you the best products at the best prices. The product written about here is offered in affiliation with Yahoo Life’s parent company, Verizon Media.

About 58,000 fraudulent unemployment claims were discovered in Massachusetts, and actual unemployed people are the one who pay the biggest price.
About 58,000 fraudulent unemployment claims were discovered in Massachusetts, and actual unemployed people are the one who pay the biggest price.

When it comes to online scams, nothing is sacred. Malicious actors will take advantage of the elderly, target people trying to make positive change in the world, and even capitalize on others’ misfortune. It seems like a new scheme is hatched every day. The latest on our radar is the massive unemployment check fraud committed in Massachusetts following an uptick in pandemic-related job loss.

The criminal activity was first detected by the Massachusetts unemployment systems as part of a nationwide scam back in May, according to Massachusetts Live. As of July, the count is 58,000 fraudulent claims and a

Read More

Fake reviews should stay online, researchers say. I’m not so sure

Perhaps it was inevitable that in this strange era of “alternative facts” and fake claims of “fake news,” someone would make the case for why bogus online reviews are a good thing.

Still, that anyone would make such an argument is jarring, especially when it comes from scholars writing in an academic journal.

The study is titled, “A Tangled Web: Should Online Review Portals Display Fraudulent Reviews?” It was published recently in the journal Information Systems Research.

The key finding, says Beibei Li, an associate professor of information technology and management at Carnegie Mellon University, is that consumers place greater trust in websites “that display fraudulent reviews alongside nonfraudulent reviews.”

Which is to say, the presence of fake reviews enhances the value of honest reviews.

To which I and perhaps many others respond, “Huh?”

“At first, we also thought it was crazy that people would want to see the dark

Read More

Google Curbs Fake Info by Removing Misleading Voting Ads

Alphabet’s GOOGL division Google recently eliminated ads, which were misleading users searching for voting related information.

Reportedly, users searching with terms like register to vote, vote by mail and other related terms were getting directed to ads that charged them huge fees especially the ones providing registration information.

According to a report from Tech Transparency Project watchdog, users browsing for register to vote on Google search engine came across an ad at first, which directed them to a site charging $129 for same day registration.

Further, some of the misleading ads were also tracking personal data of users, which was a cause of concern.

Given this confusing, misleading and exploitative scenario, Google’s latest decision remains a major step ahead of the U.S. 2020 presidential election.

Moreover, this bodes well for the company’s continued efforts toward enhancing its search results by curtailing fake information and misleading ads.

Alphabet Inc. Price

Read More