IMPERSONATION SCAMS
Impersonation scams are on the rise, with fraudsters using debit cards, phone calls, text messages, emails and fake websites to pose as trusted institutions.
These attacks are designed to steal personal information, steal your financial assets and gain access to your computer.
These cybercriminals are employing double ransomware extortion tactics – demanding payment not only to decrypt data but also to prevent the public release of your stolen information.
Being vigilant is essential to keeping your information safe!
- Do not trust the caller id, because numbers can be spoofed, they can also make it look like the bank is calling you!
- Avoid suspicious links, just go directly to the website.
- Protect your information, never share your passwords, PINs or codes.
- Pause before you act, a scammer will create urgency.
- Use two-factor authentication for extra security on your account.
If something feels off, trust your instincts.
PENNY SHORTAGE
The Department of the Treasury has recently announced they will cease production of the U.S. Penny.
Obviously this will affect many financial transactions.
All financial institutions will be making adjustments as a result of this change in our current money supply.