Tuesday, December 10, 2024
The holiday season is a time of joy, celebration, and giving. Unfortunately, it’s also a peak time for fraudsters looking to take advantage of busy shoppers and the increased financial activity during this period. To help keep your finances secure and your holidays merry, here are some important reminders to prevent fraud this season.
- Shop Safely Online
- Shop with trusted retailers: Shop websites you trust and avoid clicking links from unsolicited emails or pop-up ads.
- Monitor your transactions: Regularly review your bank and credit card statements for unfamiliar charges. Utilize account alerts to receive real-time activity notifications.
- Use secure payment methods: Opt for secure payment platforms for added protection against fraudulent charges.
- Be Wary of Scams
- Verify before clicking: Fraudulent emails or texts may look like they’re from legitimate companies, urging you to update your payment information or track a package. Always go directly to the company’s official website instead of clicking links in these messages.
- Think before you share: Never provide personal or financial information through email, text, or over the phone unless you’ve initiated the contact.
- Keep Your Devices Secure
- Update software regularly: Install updates for your devices and apps to patch security vulnerabilities that scammers could exploit.
- Use strong passwords: Create complex passwords for online accounts, and avoid using the same password across multiple platforms. Consider a password manager for added security.
- Watch for Gift Card Scams
- Avoid unsolicited requests: Fraudsters may pose as trusted individuals or organizations asking for gift card payments. Legitimate entities will never request gift cards as payment.
- Inspect gift cards before purchase: If buying a gift card in-store, check that the scratch-off panel hasn’t been tampered with and ensure the card hasn’t been activated fraudulently.
- Guard Your Mail and Packages
- Secure Your Deliveries: Use package tracking and consider having deliveries sent to a secure location, like a workplace or pickup locker, to avoid theft.
- Monitor Your Mail: Be cautious about mailing checks or gift cards. Use secure mail drop boxes or hand them directly to postal workers.
- Stay Vigilant in Crowded Areas
- Protect Your Wallet: Keep your wallet or purse close to your body, especially in busy stores. Avoid carrying large amounts of cash.
- Shield Your PIN: When using ATMs or card readers, shield your PIN entry to deter prying eyes or hidden cameras.
- Check Your Credit Report
- Stay Proactive: Check your credit report regularly for unauthorized accounts or inquiries. You’re entitled to one free credit report per year from each of the three major bureaus at AnnualCreditReport.com.
- Keep Your Bank Informed
- Report Suspicious Activity Immediately: If you notice unusual activity in your accounts, contact your bank right away. Quick action can minimize potential losses.
- Update Contact Information: Ensure your bank has your current phone number and email so they can reach you in case of suspected fraud.
At River City Bank, we prioritize your financial security. If you have concerns or questions about protecting yourself from fraud this holiday season, don’t hesitate to contact one of our team members. Together, we can help you enjoy a safe and joyful holiday season.