BBB: Here come the coronavirus scams
Randy Hutchinson
Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.
In its first coronavirus-related fraud case, the Department of Justice shut down the website “coronavirusmedicalkit.com” that offered consumers a World Health Organization vaccine kit. There are currently no legitimate vaccines.
Related stories
Cryptocurrency scams are on the rise
Consumers who were exposed to a cryptocurrency scam were far more likely to fall for it and lost far more money than the average for all scams. The median loss in a cryptocurrency scam was $3,000 compared to $160 for all scams.
Data breaches in 2020: up or down?
Some of the biggest breaches include one at Marriott that affected over 5 million customers and one at Nintendo that compromised 300,000 user accounts. At least five state unemployment databases have been hacked.
Want to comment on our stories? Or read the comments of others? Join the conversation by subscribing now. Only subscribers can view or add comments. Our commenting policy can be viewed here.