Timely Topics:
When cybersecurity is inadequate, it can lead to stolen identity and financial loss. Most scams and scammers have two main goals–to steal your money and your identity. You should know what to look for, how they work, and what to do, so you can protect yourself and your finances.
From “FDIC Consumer News” (10/21/2021)
Targeting Generational Profiles For Effective Bank Fraud Prevention
Among the most concerning factors shaping banking fraud patterns today is not just digital transformation and the pandemic. It is also how fraudsters have adapted their tactics according to unique generational differences of consumers. The techniques bad guys use to target the upper age brackets are not the same tactics they use to lure younger Generation X and millennial customers. Even more frustrating is that the fraudsters are sometimes aping many financial institutions’ very own generation-targeted marketing schemes and product offerings to snag each of these widely different groups of consumers.
From “ABA Risk and Compliance” Glen Fratangelo (10/14/2021)
Internet Safety Guide For College Students
Corporations invest billions into protecting private data. Globally, the cybersecurity services market brought in $173 billion in 2020. However, cybersecurity isn’t only a concern for government agencies and major corporations. Hackers and scammers also target individuals, including college students. Fortunately, college students can protect their private data and improve their internet safety without a corporate-sized budget.
From “ZD Net” Genevieve Carlton (10/01/2021)
Beware Poisoned Apple AirTags That Exploit Unpatched “Lost Mode” Flaw
If you’re unlucky enough to mislay your Apple AirTag tracking device, or the item it is attached to, then never fear. Apple AirTags have a feature that allows anyone who finds one to scan it with their smartphone, and be taken to information which lists the owner’s phone number so your property can be returned to you. That’s very cool. But what isn’t cool is that the feature can be abused to deliver malware or steal credentials from the unwitting Good Samaritan who is trying to locate an AirTag’s genuine owner.
From “Bit Defender” Graham Cluley (9/30/2021)
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: FCC Fines Major U.S. Wireless Carriers for Selling Customer Location Data The U.S. Federal Communications Commission (FCC) today levied fines totaling nearly $200 million against the four major carriers — including AT&T, Sprint, T-Mobile, and Verizon — for illegally sharing access to customers’ location information without consent. From “krebsonsecurity.com” (4/29/24) Addressing the Deep […]
Learn More About IT Regulatory Compliance SecurityTimely 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. […]
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