Timely Topics:
QR Code Scams Are Out Of Control – How To Protect Yourself
Imagine losing $15,000 in just a few seconds. It happened to a woman who scanned a QR code to take a survey and instead downloaded malware that drained her bank account. QR codes are those black-and-white dot-based images you scan to open websites, menus and apps. You name it. But they’re also a sneaky way in for scammers, so much so that the FBI is warning you to think twice, too.
From “Kim Komando” Allie Seligman
Credit Card Debt Relief That Isn’t
The FTC recently announced settlements with the operators of a deceptive debt relief scam. The FTC sued the three operators and their related companies (which went by multiple names including ACRO Services) for taking tens of millions of dollars from people by falsely promising to eliminate or reduce their credit card debt. The scam charged people fees in the thousands of dollars and even told them to stop making payments to their credit card companies — leaving people in a far worse position — with damaged credit and owing their original debts plus thousands in fees and interest.
From “Federal Trade Commission” Jim Kreidler
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 BuyersProtect 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 & FraudTimely Topics: Beware of new Consumer Financial Protection imposter scams We can’t say it enough – the CFPB will NEVER contact you and ask you for sensitive information or to pay money. This includes never asking you to pay an upfront fee or taxes, or telling you that you’ve won a lottery, sweepstakes, or class-action lawsuit. […]
Learn More About IT Regulatory Compliance SecurityTimely Topics: ATM Security | American Bankers Association ATMs remain a prime target for criminals. Whether the criminals attempt to breach the machine through physical means or through malware infections, banks must remain knowledgeable about the evolving threats in their region. From “aba.com” This Remote-Created Check Fraud Cover-Up Was A Scam Check fraud losses are […]
Learn More About IT Regulatory Compliance SecurityWe're here to help you. Visit our Help Center to find important information and frequently asked questions.
Visit Help CenterReady to make the switch? Open a new account with South Atlantic Bank.
Next Steps for Signing Up