Staying safe and secure from fraud and online crime has become a vital aspect of life today. There are many ways for criminals to steal your personal information, banking information, and even your identity. Vision Bank wants to prevent this from happening, so we have some helpful tips and information about what and what not to do to protect yourself.
One of the first steps in protecting your personal and banking information is to keep your usernames and passwords private and to also have a strong password. Some tips for making a strong password include:
Identity theft involves the unlawful acquisition and use of someone's identifying information, such as:
According to the 2017 FTC Consumer Sentinel Report Data Book, younger people (ages 20-29) reported losing money to fraud more often than those over the age of 70. Another recent survey revealed that millennials were three times more likely to experience a financial loss as the result of a phone scam than baby boomers, and six times more likely to give up personal information over the phone if the caller knew the last four digits of their Social Security number!
And yet, scammers/fraudsters continue to target seniors because they assume older adults may be lonely and more trusting than others. Or, perhaps, they are targeted because they are more "profitable," as the FTC report also noted that when those over age 70 do fall victim to fraud or a scam, their losses are significantly greater.
Scammers sometimes encourage people to transfer/send money. Do not transfer/send money to anyone who asks you to send them money, especially if you have never met them in person. Examples include:
Apply online today!
Open your account today!
Helping you get into your dream home.