hi, everyone, welcome to on the money. leaky apps. as if we needed something to worry about. what you download on your phone or tablet could be stealing your personal information. the spring travel season is a busy one, but you can still find bargains. budget travel tips and off the radar destinations. having the talk. no, not that one. when should you have conversations with your kids about money and how much should you tell them. the playbook for football career after football. "on the money" starts now.

this is "on the money", your life, your future. now becky quick. >> we begin with apps. you probably use them on your smartphone or your tablet every day, but beware. that app could be leaking your personal information and even a novice hacker could steal your data. andrea day explains what you should watch out for. >> download danger. that is our cover story. >> from game to news to navigation. the global app business tops $140 billion a year with, get this, more than 10 million downloads every hour. but with each down load, according to experts, comes the risk of your private information leaking out. >> maybe it's leaking your user name, your password and your credit card information just by you hitting a single button. anything that they may have put into that is vulnerable. >> michael covington is a vp at the mobile security firm wandera. the recent study uncovered 200 mobile apps and websites leaking

personal data. >> an information security expert was not aware that this many brands were not protecting that information. >> major brands we won't name here, but covington said his group alerted the app developers. >> i've seen some of the parties usually react by having new app or new website out within 24 hours and in other cases they don't even pick up the phone. there is so much demand for each service provider to have an app available for their customers that there's a push to accelerate their time to market. >> some of the findings, close to 60% of all leaks coming from news, sports, and shopping apps. and 80% of the top 50 adult sites were found leaking personal data. >> what was really surprising was that about 85% of the data leaks that we saw actually included a password. if you think about the combination of a user name and a password, that's all that you need as an attacker to get access to everything else that might be in an account. >> and he says fake wi-fi hot

spots where hackers pretend to be a trusted network are on the rise making the unsecured info easy to grab. >> there is no attack required on a mobile device when it is freely giving away information in an unprotected way. >> his advice, think twice about the type of info you enter. >> a company that's providing a free news feed shouldn't be asking for credit card information, dates of birth and social security numbers. >> and his other advice is to read the reviews before you blindly trust any app, especially one that's just landed in the app store. don't be patient zero. give the app some time to sort the kinks out before you try it. for "on the money", i'm andrea day. >> that is a lot to think about. so how can you keep your personal information safe when you are using your smartphone? joining us right now is brian vecci, he is with cyber security company veronis. thank you for coming in today. >> thanks for having me. >> that is really daunting when you think of all the things that are happening. what can i do? >> you want to be very careful

what you put on your phone. when you down load an app, make sure you know what it is. update your phone and mobile apps. we don't want to update apps because we can lose features or it can slow things down. often times it will fix it. >> i always think that, look, if i'm using trusted brands like amazon, disney, things out there i am safe. am i right to think about that? it sounds like there are apps, that major companies, not those two necessarily, but major brands are vulnerable. >> they're going to do everything that they can. >> i've always wondered about apps that are free to download. they don't charge me anything. i always think, wait, what's the catch? is that potentially a trojan horse trying to get in? >> absolutely. you should be careful about what

kinds of information you give to an app. when i download an app it's going to ask me do you want to give this app access to your photos, location. >> a lot of times it asks for those things. >> be very careful which apps you grant access to. just be careful when and how you grant that information. some apps are going to ask for more than they need. you might download a new app, something that you've never heard of. it will ask you for everything under the sun. >> that's a warning flag? >> it might be, absolutely. >> we talked about the whole idea of wi-fi. are you safe to think you can use wi-fi anywhere? maybe if you're selective? should you ever be using wi-fi? >> in general i think you should avoid public wi-fi information. we trade security for convenience. if you want to keep your information secure, be very careful about which networks uconn tact to. >> what about laws and what they

can and can't do? is there anything that protects me? >> there are many data security laws especially in europe right now with gdpr. gdpr is the general data protection regulation. being mandated by the eu. it covers things like the right to be forgotten. making sure the companies protect your personal data with privacy by design. that's probably the model for what the rest of the world is going to see. we can only be so protected by the rules in place. if they're not enforceable or a company wants to break the laws, there's nothing you can do. >> are there any rules here in the united states? >> hipaa, pca for personal data. i think gdpr is probably a model that we'll see here in the future but who knows. >> what do you think of things like amazon's echo or any of these other potential google home things that are listening at any point in time? >> i think we have to be very careful about the kind of

information that we send up to companies. if amazon's echo or google's home or apple's siri is listening to what you're saying, you need to be careful to the kinds of information you're providing. they're using that data for marketing purposes. >> sleeping with the enemy and we don't realize it. >> thank you. >> brian, thank you for coming in today. >> thank you so much for having me. now here's a look at what's making news as we head into a new week "on the money." stocks had their worst day of the year. the dow falling 200 points on tuesday. first 1% drop since october. nasdaq following suit. the market moved largely over concerns about the repeal of obamacare. the market cares about that because it may well be a precursor over whether president trump and the republicans can get tax reforms done as well. stocks were mingsed later in the week. americans bought homes at the fastest pace since july. new home sales rose. builders have increased the

number of homes being built as the supply of existing homes has dwindled. the company that was once one of america's largest issued a stunning notice. sears lost more than $2 billion last year and recently sold off its iconic craftsman brand. and if you bank with wells fargo you may not need your atm card soon. they introduced cardless cash machines that allow you to use your phone instead. other big banks are likely to follow suit. up next, we are "on the money." planning a trip this spring? why you may have company no matter where you go. and if you're still looking for a vacation destination, some new places at great prices. right now though, a look at how the stock market ended the week.

if you are planning on flying anywhere this spring, you will not be alone. a new report shows that a record number of people will be taking to the skies. in fact, airlines for america estimates 145 million people are expected to fly somewhere in march or april. phil lebeau has more on why so many people are taking off and what they should expect when they board their flight. phil, that's almost half the country. >> reporter: an amazing number, becky, when you consider how many people are up in the air. we're seeing a lot of spring travelers here at o'hare. and for a lot of these people, they're going up realizing they got a decent deal on fares though those ticket prices are rising. if you're traveling this spring, pack a little extra patience. there will be more people than ever flying. nearly 90,000 more every day. that means crowded planes and

airports. this continues a trend that has pushed the number of people flying on u.s. air lines to an all time high topping 800 million last year. why are so many taking to the skies? well, consumer confidence is close to a record high so people are more comfortable taking a trip, especially with the economy gaining strength while unemployment remains low. and right now airfares remain relatively cheap, but the web spite hopper.com which tracks air fares says domestic tickets will rise between now and june when the average domestic ticket will go for $263. that's a slight increase compared to last year. airlines have been adding planes and flights to prepare for the growing number of people flying this spring. and, in fact, we're still seeing the number of seats out there in terms of larger planes being used. that continues to grow, becky. so while you may get to the airport and you may say, wow, it seems like there are more flights than ever before, it's

actually the fact that we're seeing larger planes. at the end of the day you're still looking at fairly congested planes when you're traveling somewhere this spring. >> looking forward to those middle seats. phil, thank you. >> reporter: you bet. if you are up to tackling those crowds you can indulge your spring fever and get away. join us is robert from budget travel and budget travel.com. thanks for joining us. >> great to be here. >> it sounds like it is going to be more expensive. there's a sure fire way to make sure you get the lowest number for the room. >> hotels want your business back. call the hotel's front desk directly, ask them to match or beat the expedia rate. >> so is it better if you're trying to book a cruise, is it better to book in advance and think way in advance before things get tight or is it better to wait until the last minute? >> the answer is yes. booking way in advance can mean

you're getting an introductory rate. they want to fill that ship as early in the season as possible. but waiting until the very last minute can be really smart. i'm seeing some incredible deals now. less than $100 a day for caribbean cruises, florida cruises. it's because the trips are coming up in a couple of weeks. it's like selling a carton of milk with an expiration date in a couple of days. >> what about if you are planning a romantic get away as a couple? what are some romantic deals. >> we love quebec city. >> i love quebec city. >> the exchange rate with canada is very good right now. you're talking about cobble stone sweets, sipping good wine, eating good food. it's paris without the price tag. >> what about if you have kids. let's say you can't get away for a romantic weekend, you have the whole family. other places? >> kind of a surprise

destination, santa fe, new mexico. they're welcoming families. come stay, potentially a free night. kids with eat free at a bunch of restaurants. free activities. this goes through mid april. visit santafe.org. >> have you spent any time looking at national parks? >> national parks week is coming up in april. free weekend april 15th and april 22nd. admission is free. once you're in the park admission is good for seven days. if you're a family traveling in the national parks smt spring, the ones that are warm already, grand canyon, great smokey mountains, some of the northern parts are still covered in snow. >> robert, thank you so much for your time today. >> great to be here. up next, we are "on the money." what money lessons should your kids learn now and what should you save for later. plus, later, these players are on a road trip but it is not for a game. they are learning a business

plan for life after football. careful joe, they've got you outnumbered.

the dinosaurs' extinction... don't listen to them. not appropriate. now i'm mashing these potatoes with my stick of butter... why don't you sit over here. something for everyone is awesome. find your awesome with the xfinity stream app. more to stream to every screen. kids are like sponges. they soak up what's around them. it seems to be no different when it comes to money matters. joining us is lynette, the money coach with some ideas for raising some saving savvy kids. lynette, thanks for being here. >> good to see you again. >> t. row price came out with a survey it conducted.

it found out your good behavior, your bad behavior all tends to flow down. when should you really start talking to your kids about money issues? >> i think you should talk to your kids about money as early as possible. some people think i'm kind of nuts with this. you and me know because we're moms with younger kids, too, i say as soon as they can talk to you about money, as soon as they can ask for something in the store like mommy, can i have that. >> you're talking 2 years old. >> 2 or 3. as soon as they start asking about money itself, the physical currency, what is this, a dime, a quarter, a coin, start introducing those conversations as early as possible. >> it is weird because when you start having these conversations with kids at their level, well, we need money for that. what's money? i have to explain from the very basics. >> exactly. >> i guess it's a lot to try and take in. >> well, but kids need to have those conversations with us because otherwise they're going to get the idea that money is just meant to do one thing, spend, because that's all they see us doing, transactions. >> sure. >> so we have to counter act some of that with conversations

about the purpose of money, the value of money, how we use money and the choices that you have with money. >> in other words, it's a limited supply so don't think this is growing on trees, kids. >> right. >> i'm sounding like my grandparents. in the survey 69% of people we talked to said they're reluctant to talk to their kids about money y. is it so difficult? >> it's tough. they focused on kids 8 to 14-year-old category. for a lot of parents they think, this is not appropriate for kids. this is perhaps kind of tacky or gauche or just inappropriate. we don't want to burden the kids with money ma ters. let them be kids. i think sometimes parents are frankly embarrassed, too, because they don't have their whole finances together and they don't want to talk about it. >> you say kids need to make choices. >> absolutely. >> they need to be taught these things nkts yes. >> that is where it's tough. how do you go about doing that. >> here's what i tell my kids. money is not meant to be spent. after you earn money and you get

it you can do four things with it at the end of the day, save it, spend it, invest it or donate it. and if you show kids that they have those choices, they really will make good choices. and that t. row price survey said that 44% of parents allow their kids to make decisions, but you have to introduce the concept of you have choices because otherwise kids are going to think, oh, i can go buy a new barbie doll, new xbox, gadget, whatever. if you talk to them about philanthropy, giving, others. if you talk to them about delayed gratification. >> i'm working on that now with one of mine. >> let's wait for the future, save up some money and let's build it. >> it's all very good life lessons. lynn netd, it's been great seeing you. thank you so much. >> thank you. my pleasure. up next "on the money", the news a for the week ahead. and also off the field. helping players plan for a second career. >> it's great for the team.

it brings them closer together.

here are the stories that are coming up that may impact your money this week. on tuesday we'll be getting a read on home prices across the country when the case schiller report is released. the consumer confidence report will say how optimistic people are on the state of the economy. on wednesday pending home sales for february. we're also expecting to see a

historic relaunch and reuse of the spacex falcon 9 from the kennedy space center in florida. happy birthday to the eiffel tower. the doors opened at the iconic landmark 128 years ago friday. bon anniversare or something like that. we've all heard stories of athletes going broke. morgan brennan has the story. >> life after football. miami dolphins are getting schooled in winning after the field. recently 16 players traveled to new york for a business combine dolphins owner steven ross arranged for his nfl team. >> i think as an owner i have a responsibility to make sure they develop as great football players, prolong their career, but also the fact is i think it's a responsibility to make sure that when their career is over -- >> this tour of hudson yards in mid town, manhattan, is one of a dozen events players will

partake in over a week. >> they won't be playing football as long as they can. when they're done they want to think about their future. for them to come in here and speak to our executives and learn what we're doing. one was asking me what's the difference between a steel building and concrete building and why we would build steel versus concrete. >> reporter: from new york's hudson yard $25 billion project to a lunchtime q&a with the ceo of equinox. they've been meeting entrepreneurs in more than a dozen scheduled events to learn more about business and investing. >> kind of shadow, you know, the business millionaire, billionaire, it's an amazing opportunity. >> football is a strong career so that being said you have to always plan for the next step. >> players chose to participate paying thousands of dollars out of pocket for the trip. the goal, make connections that will last long beyond their playing years. >> i do think it's a way we're

giving back but i think as a brand fitness in his core, we speak a common language. i think a lot of these athletes will be great employees for equinox. >> reporter: with so many pro athletes going broke after their nfl careers, ross is doing everything he can to make sure his players don't become just another statistic. since we shot that story will he lan any jenkins signed with the oakland raiders. they suffer a higher rate of bankruptcy than the broader population. this speaks to the need for an event like this and better financial literacy. >> i know the nfl has taken some of its own initiatives. how is this different? is this above and beyond kind of what they're already getting at the nfl level? >> this very much is. this represents the first time that a stand alone team has done a stand alone event that hasn't been affiliated with the nfl or with a university. that's important. it means that the players pay out of pocket to do the event.

the thinking goes there that because they're paying for themselves, it's an investment in their future that they're likely to take it more seriously. >> they want to be a part of it. >> exactly. it was amazing how many had done their homework, had really smart questions. they were walking around with knapsacks when we followed them around and were taking notes of everything. >> student athletes? >> yes. >> morgan, thank you very much. that does it for us today. i'm becky quick. thank you so much for joining us. next week with the april deadline approaching, we're going to have some common tax mistakes that you can avoid. each week, keep it right here. we're "on the money." have a great one and we will see you next week end.

welcome back to our continuing coverage out of washington. with the health care bill on the sidelines the president is expected to go full force with tax reform. let's get to ylan mui in washington with the very latest. >> hi, melissa. the disappointment today in washington over the health care. president trump is going to move forward on tax reform. >> we're probably going to be going right now for tax reform which we could have done earlier but this really would have worked out better. if we could have had democratic support. now we're going for tax reform which i've always liked.