The holiday retail season is also a busy time of year for cybercriminals. With increased transactions in physical malls and online, hackers are taking advantage, and using any opportunity to hack into personal systems and personal information.
Dan McNemar, Director of Threat Intelligence at Binary Defense, joins Cheddar to explain how hackers use the dark web to recruit and sell their stolen goods. Dark web visitors can go to "hidden wiki" and find stolen SS numbers, credit card numbers, PayPal accounts, and more.
McNemar has a few tips to help you avoid being hacked. He says to be sure to shop on secure sites, watch out for ATM skimmers, and monitor your credit score.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.