Fraud Tips

Protect Yourself from Fraud

Unfortunately, we live in a world where not everyone is honest and upfront. There are people out there looking to take advantage of others and scam them out of their money. The internet, although having many advantages, also poses many possibilities for scammers to deceive others and take hold of their financial information. Social Media is quickly becoming the number one spot to be on the look out for fraud. Over the past two years, 1 in 4 people who lost money to fraud, say the scam began on social media. It is important to stay educated about the latest fraud methods so that you can spot the red flags of a scam when you see them!

Read up on These Common Types of Fraud

• Phishing
• Check Washing and Fake Check Scams
• Card Cracking
• Money Mule Scams
• Ransomware
• Imposter Scams
• Online and Social Media Scams

Banks Will Never Ask You That!

Common Signs of a Scam
	Banks will never send you an email or text asking you to click a suspicious link.
	Scam emails, texts, and calls may pressure you, or even threaten you, to respond. Just ignore it, and call your bank directly.
	Fraudulent texts and emails often have typos. Real banks use spell check.
	Some fraudsters may try to reach out to you by phone. They can fake the Caller ID to make it look like the call is coming from your bank, and may even know your name. So how can you tell if a caller is the real deal? It's simple. Your bank will never call you and ask you for your account information. If you didn't initiate the call, just hang up and call the number on the back of your card.
	Your bank will never ask you to provide confidential information (your account number, SSN, name, address, password, etc.) in emails or text messages. Your bank will only ask for confidential information to verify your identity when you call them on their Customer Service line.

To take a quiz and test your scam spotting skills, visit Banks Never Ask That.com from the American Bankers Association.

Tips to Stay Safe Online

In addition to being aware of common types of fraud, you can also follow the following guidelines to keep yourself safe online:

• Keep your computers and mobile devices up to date! Having the latest security software, web browser, and operating system are the best defense against viruses, malware, and other online threats. Turn on automatic updates so you receive the newest fixes as they become available.
• Establish strong passwords. A good password is at least eight characters long and should include a mix of upper and lowercase letters, numbers, and special characters.
• Keep personal information personal! Hackers can use social media profiles to figure out your passwords and answer those security questions in the password reset tools. Lock down your privacy settings and avoid posting things like birthdays, addresses, mother's maiden name, and so on.
• Secure your internet connection. Always protect your home wireless network with a password. Consider using a Virtual Private Network (VPN) app to secure and encrypt your communications when connecting to a public Wi-Fi network.
• Shop safely Before shopping online, make sure the website uses secure technology. When you are at the checkout screen, verify that the web address begins with https and a tiny padlock symbol.

If you think you have fallen victim to fraud, please visit our Suspected Fraud page for guidelines on what to do next.