The holidays are just around the corner, and that means many of us will be making purchases online to avoid large crowds and busy mall traffic. While online shopping has made our lives easier, it also exposes new weaknesses with the information we use to make those very purchases. The holiday season is a productive… Read More
The Anatomy of a Debit Card Breach
Chances are that you or someone you know have been the victim of debit/credit card fraud. Even though your personal card is covered for any fraud and you have zero liability for any charges, having to go through the process of identifying and returning fraud charges and then being without a card while you wait… Read More
Chelsea State Bank Offers 7 Tips to Avoid Online Fraud
Every year, millions of consumers fall victim to cybercrime. According to the FBI’s Internet Crime Complaint Center, in 2014, consumers lost more than $800 million from scams initiated through the web. In recognition of Internet Safety Month in June, CSB is highlighting seven tips to help consumers protect themselves from online fraud.
“Tech Support” Scams
A recent trend we have noticed is many people reporting they have been alerted to needing immediate support for their computer. This is typically done either through software which “detects” malicious items such as viruses on the computer (when the detection software itself is in fact a virus), or receiving a telephone call from someone… Read More
IRS Consumer Alert
Consumer Alert: Scammers Change Tactics, Once Again WASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain a major threat to taxpayers, but now the IRS is receiving new reports of scammers calling under the guise of verifying tax return information over the phone. The latest variation being seen in the last… Read More
ABA Offers Consumer Tips for Mobile Security
Via the ABA Banking Journal – In advance of National Consumer Protection Week, March 6-12, ABA today published a press release highlighting 12 ways that consumers can better secure their mobile devices. “Banks use sophisticated safeguards to protect customer information, and it’s important for consumers to take certain safety measures too,” said SVP Doug Johnson…. Read More
5 Steps to Protect Your Financial Data From Fraud
5 Steps to Protect Your Financial Data From Fraud Identity theft is an ever-present threat to your financial security. According to a new NerdWallet study on credit fraud, identity theft may increase in the coming year. Read on for a few easy steps you can take to greatly reduce the chance of becoming a victim… Read More