As in previous years, the Internal Revenue Service (IRS) has identified a list of tax scams that are impacting thousands of people. Taxpayers need to be especially vigilant throughout tax season to ensure that their information is not compromised.
Incidents of computer repair or tech support scams continue to be reported to the Credit Union. Computer repair and tech support scams can be found in pop-up messages on laptops or personal computers. It is also possible to receive a phone call from someone purporting to be from a computer or tech support company as a part of the scam.
Imagine going to the settlement process for your home, only to find out that the money sent for the purchase was wired to scammers instead of the title company/closing agent. Next, imagine finding out that you were the one who sent the money to them.
At BFSFCU, data security is a high priority.
ATMs are a fast and easy way to withdraw cash, check account balances, transfer funds and more. If you plan to use ATMs as a convenient way to conduct financial transactions, you must make electronic banking security a priority. Here are some important steps you can take to make ATM security your business.
Please be sure to always use the most current version of your web browser in an effort to protect your personal and financial information when online.
Add online access and mobile device security to your “To Do” list.
Passwords tend to be a pain point for many people. Virtually everything you access has password security tied to it. Want to buy a sweater with an online retailer? Enter your password. Ordering groceries to be delivered? Enter your password. Going to watch a movie online? Enter your password.
Overpayment Scams come in a variety of forms. In these scams, criminals play the part of a buyer and require victims to send excess funds from a payment back to the buyer via a cash transfer though money transfer services. Overpayment Scams are most often executed with the use of counterfeit checks.
Much as it sounds, Advance Fee Scams are scams that require victims to make a small advance or upfront payment for goods, services or financial gain that promises a significant reward that never materializes. There are many Advance Fee Scams that you may have already heard of; Work from Home Scams, Lottery Scams and Romance Scams. Do you know to identify the specific characteristics of a scam?
You may have heard in the news, online hacks and scams are on the rise, especially those involving phishing. Phishing happens when a thief sends a message that looks or sounds legitimate to try and gain information that can be later used to commit fraud against you.
The Internet is changing the way we save, borrow and invest. The vast amount of financial information on the Internet can be troublesome. Finding the right information, making sure it is accurate and from a trustworthy source are critical.
Identity theft has become the most common financial crime faced by individuals. Con artists have become more brazen and more creative in their efforts to use someone else’s identity to steal.