USDA Radio Newsline
Monday, July 29th Stories:
In the aftermath of Capital One’s announcement on Monday that roughly 100 million credit card applications had been compromised in a data breach, exposing an estimated 77,000 bank account numbers and 140,000 Social Security numbers, many consumers likely have questions and concerns for their own wallets. With that in mind, the free-credit-score website WalletHub has some tips for how potential victims can keep their financial info safe.
You can check them out below, followed by additional commentary from WalletHub CEO Odysseas Papadimitriou, formerly a senior director at Capital One.
For more advice, check out WalletHub’s identity theft guide as well as the steps you should take if your identity is stolen.
Q&A with WalletHub CEO Odysseas Papadimitriou
Does this mean it's not safe to apply for a Capital One credit card?
“I don’t believe that people should avoid applying for Capital One credit cards because of this breach. Pretty much any other big company could easily be in Capital One’s shoes right now, as they’re all under digital fire from hackers. You actually have to give Capital One some credit for how they’ve handled the issue thus far. They assisted in the swift apprehension of the perpetrator and were transparent in their announcement,” said WalletHub CEO Odysseas Papadimitriou. “Capital One has been among the most technologically sophisticated credit card companies for years, and you can bet they will double down on making this type of breach as unlikely as possible in the future. Given that, and the fact that Capital One credit cards are some of the best on the market, there’s no need for consumers to stay away.”
How worried should recent Capital One credit card applicants be?
“Recent Capital One credit card applicants should certainly be more worried than usual, and especially vigilant, following the company’s data breach,” said WalletHub CEO Odysseas Papadimitriou. “But the bottom line is that most people’s personal information has probably already been stolen at least once, considering the many big data breaches that have occurred in recent years. So we should all be worried, and we should all sign up for free 24/7 credit monitoring, set up two-factor authentication, and review our credit card and bank statements closely.”
What explains Social Security numbers being stolen from business credit card applications?
“Some people may find it curious that the roughly 144,000 Social Security numbers stolen in Capital One’s data breach were from applications for business credit cards. But that’s actually standard. Nearly all small business credit cards require applicants to list their Social Security number,” said WalletHub CEO Odysseas Papadimitriou. “The reason is that most small businesses are an extension of their owner’s personal finances, and applicants generally have more personal credit history to evaluate. Business owners are also held personally liable for business credit card balances. ”
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NEW YORK (PRWEB) JULY 29, 2019
Great interactive storytelling is a powerful way to explain complex situations. The virtual extraterrestrial character NUSHU created by spanish news company MINUSHU has been tasked with the mission of understanding humanity and coming up with solutions to problems faced by planet earth. Media literacy and critical reasoning on global issues are the focus of the programming. ”It teaches empathy for other nations’ problems and imparts understanding and respect towards other cultures, which will increase children’s understanding of foreign places,” says the founder and director of MINUSHU, Eva Dominguez.
Technology and social media continue to advance children’s access to the world around them. The stories learners can explore on missions to understand the world with NUSHU include Fake News and Digital Privacy. “We have found that through the conversational nature of NUSHU, students are given the opportunity to reflect on what they are taking in and then apply it to their curriculum.”
Read the full article here
Eva Dominguez is the Founder and Director of MINUSHU, a news company that uses augmented reality and virtual reality to create interactive storytelling experiences. Dominguez developed the NUSHU programming and is implementing it in schools all over the world.
CMRubinWorld’s award-winning series, The Global Search for Education, brings together distinguished thought leaders in education and innovation from around the world to explore the key learning issues faced by most nations. The series has become a highly visible platform for global discourse on 21st century learning, offering a diverse range of innovative ideas which are presented by the series founder, C. M. Rubin, together with the world’s leading thinkers.
For more information on CMRubinWorld
Follow @CMRubinWorld on Twitter
Contact Information:
David Wine
David(at)cmrubinworld(dot)com
