How to Avoid Different Types of Financial Fraud

November 22, 2017

Cyber attacks on consumers are an ongoing concern that a great deal of time and sophisticated technology is being directed towards preventing. However, there are many more—and much more personal—ways that you can be the victim of fraud. Frauds and scams are more and more common, and it is prudent to stay informed of some of strategies criminals use when trying to deceive you. Information is often the best deterrent to preventing yourself from being a victim of financial fraud.

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How to Protect Your Electronic Assets: Cybersecurity and Banking

November 22, 2017

Many of your financial transactions, from debit to credit, are done electronically in one form or another. Even if you don’t purchase things online, simply looking up your bank account can potentially expose you to being hacked or having your identity stolen. While this can sound alarming, it is unfortunately true. Cybersecurity and data protection are major issues for banks and credit unions and criminals aren’t above targeting the average person through vulnerabilities or outright fraud. This risk grows in tandem with the popularity of tablets, smartphones, and other personal conveniences.

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The Equifax Data Breach: What to Do

November 22, 2017

If you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies.

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Consumers Should be on Alert for Fraudulent NCUA Text Messages

November 22, 2017

ALEXANDRIA, Va. (Sept. 6, 2016) – The National Credit Union Administration has received additional consumer calls about suspicious text messages claiming to come from the agency. The messages read: “National Credit Union Administration Alert for (recipient’s phone number). Contact 844-234-5445.” Other fraudulent phone numbers to be alert for are 855-340-1398 and 844-906-0773.

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