November 2021

FTC analysis shows COVID fraud thriving on social media platforms

With more than a century of consumer protection experience under our belt, we at the FTC know that hard times for American families can be boom times for scammers. Today’s COVID-19 pandemic is the latest crisis creating fertile ground for fraud – and scammers today have a new and powerful weapon: social media platforms. These platforms generally earn their revenue by targeting users with advertising. The more time we spend on platforms consuming content and revealing valuable personal information, the more that platforms profit by having information to target ads.

From the battlefield to business

November 11th is Veterans Day, a time to honor the nation’s former military personnel. Every year more than 180,000 servicemembers leave the military to join the ranks of the nation’s 18 million veterans. When the troops transition back to civilian life, launching their next career whether that means starting their own business or finding a job is one of the first tasks at hand.

Ransomware risk: 2 preventive steps for your small business

If recent headlines about ransomware attacks on companies have you worried, your concerns are well-founded. Earlier this year, the Department of Homeland Security’s Cybersecurity & Infrastructure Security Agency – you may know them as CISA – issued a Fact Sheet on Rising Ransomware Threat to Operational Technology Assets. The computer criminals who traffic in ransomware try to exploit vulnerabilities in technology and soft spots in human nature.

FTC’s Amazon settlement sends a $60 million message to businesses: Honor your promises to gig workers

The FTC just sent almost $60 million in checks and PayPal payments to eligible drivers who had their tips illegally taken by Amazon. Our advice to Amazon Flex drivers: Watch your mailbox for a check. Our advice to companies that hire gig workers: Watch what you say to workers and customers – and live up to your claims.