Remember the “data analysis firm” that wrongfully collected personal information of 87 million Facebook users? Well, they are shutting down. Cambridge Analytica announced on Wednesday, May 2, that it would terminate operations and declare bankruptcy in the United States and the United Kingdom. This, of course, comes in light of the scandal that occurred back in March in which the firm was put under scrutiny and legal investigation. In their statement, Cambridge Analytica claimed victim; arguing that their closure is due to damage caused by “unfair media coverage”.
Data security breaches are typical nowadays, unfortunately. There have been over 20 cyber attacks in 2017 so far. Just when we think we can make our way to 2018 without another one, one of the three largest credit reporting agencies, Equifax, reveals that a data breach discovered on July 29 may have impacted as many as 143 million U.S. consumers. You heard that right. That means YOUR information was leaked to hackers and other criminal users.
Today’s online romance scams are run by organized rings that account for the highest financial losses of all internet crimes in the U.S. All of these scams follow a similar pattern of building trust with the victim and slowly bleeding money out of them. Scammers often work in teams, with one person acting as the fake lover, and other members assisting with the storyline of why the fake lover needs money.
Europe’s General Data Protection Regulation, or GDPR, went into effect on Friday, May 25. These new laws were written in favor of European citizens by giving them more control over the data that is collected by online services. Although this is being practiced in Europe and not the U.S.A., these new rules will have widespread ramifications as U.S-based companies that handle the data of E.U. citizens have to comply as well.
We’ve all received messages we didn’t ask for, especially if you’ve been on sites such as Tinder, Match.com, OkCupid, etc. You would think that getting flooded with messages on online dating sites would be a good thing, right? Not in this case. When Emmie Tsumura, a Toronto-based illustrator, received dozens of unwanted offensive advances from various men while on online dating sites, she turned to her artistic ways to deal with it.
Things are not always what they seem to be so it is important to keep an eye open toward possible threats. Unfortunately, social media platforms and other places that ask for personal information can’t always be trusted. We’re living in a time when personal data is apparently worth more than gold. Unscrupulous data miners have no problem getting as much data as they can about you and making money with your information.