Money and Computing
“That’s Not the Government Calling: Protecting Seniors from the Social Security Impersonation Scam”; Isolating Their Victims by Instructing Them Not to Tell Anybody What is Going On
"To keep their victims under the spell, the scammers will demand they corporate with their fake investigation by the government or face severe fines or even jail time. They also attempt to isolate the victim by keeping him or her on the phone uninterrupted for hours or even days at a time by instructing them not to tell anybody what is going on. They will cite the confidentially of the investigation. In a recent case reported by the Wall Street Journal, an oncology nurse in New York was instructed to leave work without notice, check into a hotel, and stay on the phone for nearly 50 hours. Coached by the fraudsters through a series of transactions at her bank and credit union, she lost almost $340,000 to scammers over three days." more »
The Effort That It Takes to Give Someone a Good Death at Home; Hospice Care Can Badly Strain Families
The for-profit hospice industry has grown, allowing more Americans to die at home. But few family members realize that "hospice care" still means they'll do most of the physical and emotional work. When it comes to where we die, the US has reached a tipping point. Home is now the most common place of death, according to new research, and a majority of Medicare patients are turning to hospice services to help make that possible. Fewer Americans these days are dying in a hospital, under the close supervision of doctors and nurses. more »
England's Information Commissioner's Office, Publishes Code to Protect Children’s Privacy Online: "We need our laws to protect children in the digital world too”
The code will require digital services to automatically provide children with a built-in baseline of data protection whenever they download a new app, game or visit a website. That means privacy settings should be set to high by default and nudge techniques should not be used to encourage children to weaken their settings. Location settings that allow the world to see where a child is, should also be switched off by default. Data collection and sharing should be minimised and profiling that can allow children to be served up targeted content should be switched off by default too. more »
The Outlook for Housing: Federal Reserve Governor Michelle W. Bowman at the 2020 Economic Forecast Breakfast
"Before I conclude, I'd like to address two challenges currently facing the housing sector. The first relates to the difficulties that some employers face, including homebuilders, in finding and retaining qualified and skilled workers. To provide some context, the national data show that the unemployment rate in the private construction industry is now well below the rate we observed in the early 2000s, a time when the housing market was booming. In addition, the ratio of job vacancies to unemployment in the construction industry — a measure of labor market strength — shot up to historic highs at the end of 2018, and it has remained near those levels." more »