Would you give up Google for $17,000 a year? The Federal Reserve wants to know

Would you give up Google for $17,000 a year? The Federal Reserve wants to know

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S., on Tuesday, Oct. 8, 2019.WASHINGTON — The Federal Reserve wants to know what the internet is worth to you.To stop using search engines, consumers would need a median $17,530, making it the most valuable digital service.

Synthetic identity theft is the fastest-growing financial crime in the U.S.

Synthetic identity theft is the fastest-growing financial crime in the U.S.

A new kind of identity theft that combines stolen personal data with fabricated information is on the rise, and it’s helping more digital thieves ruin Americans’ credit without fear of detection, according to a new white paper from the U.S. Federal Reserve.

Wyden pitches jail time, billions in fines for online privacy violators with ‘Do Not Track’ bill

Wyden pitches jail time, billions in fines for online privacy violators with ‘Do Not Track’ bill

“Providing more authority and resources to the US Federal Trade Commission is a critical foundation for robust privacy protection.” The bill’s eye-popping penalties are reserved for large companies and wouldn’t apply to privacy violations themselves.