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The Clark Howard Podcast

09.05.23 Car Theft Tech Wars & Your Defense / A Venmo Privacy Warning

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 5 September 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Car thieves are going high-tech to get around anti-theft technology. Clark explains 2 simple ways to protect your vehicle, including inexpensive, widely available car key RFID signal blockers. Also today, an important privacy warning for Venmo users and a key NEVER NEVER NOT EVER rule for using pay apps. Car Theft Protection: Segment 1 Ask Clark: Segment 2 Venmo Privacy Warning: Segment 3 Ask Clark: Segment 4 Mentioned on the show To steal today's computerized cars, thieves go high-tech — The Conversation Clark.com – Best High-Yield Online Savings Accounts NYTimes: This Is a Reminder That You’re Probably Oversharing on Venmo Do you use payment apps like Venmo, CashApp, or Zelle? Read this U.S. Senators Urge Regulators to Hold Zelle Accountable for Inadequate Protections to Stop Fraudulently Induced Payments How To Make Your Venmo Transactions Private T-Mobile: Credit Card Payments No Longer Include AutoPay Discounts Overdraft Protection: What Is It? Do You Really Need It? 9 Things on Deep Discount in September / Clark Deals Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275  Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by London Business School.

0:03.8

Looking to accelerate your business, or understand the opportunities in AI or ESG,

0:08.8

are you thinking about taking the plunge into entrepreneurship?

0:11.8

Or about what leadership skills will take you to the next level?

0:15.0

To listen to the latest insights and discussion from LBS faculty, subject experts and industry

0:20.4

insiders, look for podcasts from London Business School.

0:23.8

Navigate the now and be prepared for what's next with London Business School.

0:30.0

It's my pleasure to welcome you here to the Clark Howard Show.

0:38.8

I hope you had an absolutely fantastic Labor Day holiday weekend.

0:45.0

Remember this, our mission is to serve you so you are empowered with knowledge so you

0:50.1

can make better financial decisions in your life.

0:54.2

In today's episode, you know who never takes a holiday, thieves, con artists, crooks,

1:01.5

I'm going to talk to you about how to protect yourself from thieves using modern technology

1:08.2

to steal cars supposedly protected by modern technology.

1:13.8

And also have an important privacy warning for you if you use Venmo to send payments.

1:21.2

So there's a huge rise in the theft of vehicles with key fobs.

1:29.8

Criminals are able to work in parking lots and payers and they use a simple device that

1:38.0

I saw one of recently that you can, I don't want to help people be car thieves, but these

1:44.6

devices are readily available online from eBay, from Amazon.

1:51.6

You can buy these devices that sniff out the signal that keys are transmitting, but key

1:59.5

fob.

2:00.7

So when you have that key fob, the criminals are able to steal the signal and working

...

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