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.
In Wednesday's business headlines, Microsoft CEO Satya Nadella is due in court to defend the company's takeover of Activision Blizzard and United Airlines is under fire over its recent cancellations with CEO Scott Kirby blaming the FAA for the disruptions. Meanwhile, a judge approved Overstock's purchase of Bed Bath & Beyond assets.
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.