The Dodd-Frank financial regulation bill was supposed to protect consumers. Not surprisingly, this "protection" means consumers are going to be nickel-and-dimed to death with brand-new banking fees.
As news about the iPhone's location tracking remind us, data privacy is important. Certainly, with virtually our entire lives digitized today, knowledge regarding the use of data is critical. But Sony has provided us with a sobering reminder: Giving data to a large company and having it stolen are two different things.
Sony Corp. said Tuesday that the credit card data of PlayStation users around the world may have been stolen in a hack that forced it to shut down its PlayStation Network for the past week, disconnecting 77 million user accounts.