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ABA Foundation, FTC Release Consumer Education Infographic On Payment App Scams
The American Bankers Association Foundation and the Federal Trade Commission today released an infographic with information to help consumers protect themselves when using mobile payment apps and services. The infographic, developed jointly by the ABA Foundation and the FTC, is part of an ongoing series educating consumers about scams.
From “ABA Banking Journal” (4/21/2022)
Malicious Android Apps Found Masquerading As Legitimate Antivirus Tools
Mobile users who download an antivirus app naturally expect the program to protect their device. But several Android apps analyzed by Check Point Research did the exact opposite. In a report released Thursday, the cyber threat intelligence provider detailed its discovery of six apps in Google Play that appeared to be antivirus software but actually tried to install malware capable of stealing credentials and financial data.
From “Tech Republic” Lance Whitney (4/07/2022)
Reject A Job Or Money-Making Scam Offer
Are you searching for a new job, investment, or business opportunity to boost your financial well-being? Learn how to avoid scammers’ sham offers that will cost — not earn — you money.
From “Federal Trade Commission” Bridget Small (4/18/2022)
Did You Get A Text From Your Own Number? That’s A Scam
Scammers are always thinking up ways to put a new spin on their criminal tricks. This time, they’re sending spam texts to you — from your own phone number. They’ve changed (spoofed) the caller ID to look like they’re messaging you from your number, but the shock of getting a text from yourself is bound to get your attention — which is what they’re after. If you get a text from your own number, it’s a scam.
From “Federal Trade Commission” Andrew Rayo (4/11/2022)
While social media is a fantastic way to communicate, share, and have fun with others, it is also a low-cost way for cyber criminals to trick and take advantage of millions of people. Don’t fall victim to the three most common scams on social media.
From “SANS Organization” Christopher Elgee (4/06/2022)
Is it paying bills on time, robust savings, retirement fund, affording a new car? Whatever financial health means to you, it starts with getting your finances in order. It’s easy to think that keeping track of your account balances is all you need to do to stay on top of your finances. But that is […]
Learn More About What Does Financial Health Mean to You?Homeownership is the American Dream. It’s a significant step towards building wealth, but people across the country are struggling to purchase a home because of limited homes for sale, prices are high, and the Fed is raising interest rates. However, homeownership is not a lost dream – it’s a long-term investment. Here’s how you can […]
Learn More About 5 Tips for Home BuyersDo You Practice Safe Checks? It should come as easily as airline safety, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial […]
Learn More About Practice Safe ChecksProtect Yourself from Scammers According to a recent alert to banks from the Financial Crimes Enforcement Network, part of the Treasury Department, criminals have been increasingly targeting the U.S. Mail and United States Postal Service mail carriers since the COVID-19 pandemic to commit check fraud. Criminals typically steal personal checks, business checks, tax refund checks, […]
Learn More About Check Theft & FraudEach year older Americans lose approximately $2.9 billion to fraud, but it is suspected that number is drastically underestimated because only one in 44 seniors report financial abuse. The following tips are helpful for seniors and their financial caregivers to proactively protect themselves and their loved ones from fraud. For more financial caregiver resources, visit […]
Learn More About Safe Banking for SeniorsWatch Out for Election-Themed Scams In this week’s scam, cybercriminals are taking advantage of the upcoming United States elections to try and steal your personal information and money. The scams vary slightly and involve fake text messages, social media posts, phone calls, and more. Cybercriminals use AI to make these phishing attempts even more convincing. […]
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