John Lister's picture

Rogue Loan App with 12M Downloads Blackmailed Users

Google has removed more than a dozen Android apps which offered loans to desperate users, but were actually a scam involving fraud and blackmail. As usual with such removals, it only affects the Play Store and the apps are not automatically deleted ... from phones. The 18 apps in question have been collectively dubbed SpyLoan, and have more than 12 million combined downloads from Google Play this year. They were listed in a variety of language with English variants including Cashwow, 4S Cash and EasyCash. The main target audience appears to be people in countries with a large population and a ... (view more)

Dennis Faas's picture

Massive ID Theft affects 3.3M Student Loan Borrowers

The names, addresses, and Social Security numbers of 3.3 million people were stolen in what is believed to be the largest-ever breach of personal information amongst university students. The issue could affect as many as 5% of all federal ... student-loan borrowers. According to Educational Credit Management Corp. (ECMC), a non-profit guarantor of federal student loans, during the weekend of March 20-21 the personal details of 3.3 millions borrowers were stolen from their St. Paul, Minn. headquarters. The theft did not involve hackers. ECMC spokesman Paul Kelash told the Wall Street Journal that ... (view more)

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