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.
Cheddar News checks in on what to look out for on The Day Ahead as earnings season continues with TJX Cos., Target and Take Two Interactive among those reporting on Wednesday. April housing starts data is also set to be released while Netflix will hold its upfront presentation virtually amid a continued writers' strike.
Billy McFarland, who served four years in prison for the failed Fyre Festival in the Bahamas that saw investors lose millions, is back. McFarland joined Cheddar News to explain a new Fyre Festival he is planning along with a Broadway musical, both in the works.
Retail sales saw a modest uptick in April as inflation eased somewhat as consumers look toward the summer season to spend some more. Mario Payne, financial planner for Toams Financial, joined Cheddar News to provide some guidance on how to work up a responsible summer budget plan.
Dryden Pence, chief investment officer with Pence Capital, joined Cheddar News to discuss Tuesday's market session and touched on what the Federal Reserve may decide on at its next meeting as inflation continues to play a role and consumer spending remains firm.
Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off.