Protecting Yourself from Fraud: What You Need to Know

In the day and age of digital, protecting yourself from fraud is becoming more and more important. It can occur from an innocent looking email to a strange phone call, to an ad or popup online.

How do you avoid becoming a victim of fraud? There are several strategies you can take that will provide protection, keep your information safe, and stop scammers. Let’s dive in now!

Protecting Yourself From Fraud

What are the easiest ways to protect yourself from fraud? There are a variety of things you can do to make the chance of getting scammed a little less.

Know the Latest

One of the best things you can do is to know what the current scams are. If you don’t know, it will be easy to respond to that email or pick up that phone call. Then, all of the sudden, money is disappearing from your bank account or someone grabbed your social security number.

Sites like Scambusters keep a running list of all the current scams out there. Knowing what to look for and how to avoid the common tactics scammers are using is important for protecting yourself.

Don’t Share Personal Information

Everyone asks for a little bit of your personal information. If someone you don’t know calls you over the phone asking for your information like credit cards, social security numbers, or bank accounts, be wary. Experts advise to not give out any information over the phone or email.

Unless you’re on a secured and private website, your information can easily be stolen and become a tool in a hacker’s arsenal. New updates to Google show a red x to the left of the URL in the address bar when a site appears unsafe. Keep an eye out for this and be sure to only visit sites that have a green security check.

Changing Passwords

Another great tactic to keep yourself from fraud is to change your password on a consistent basis. If it’s been 12 years since you’ve changed your password, you use that password for every login, and it’s the name of your dog, it’s time to get something more secure.

The best way to set a password is to do a combination of letters, numbers, and symbols. Preferably whatever you set your password to has nothing to do with significant details of your life. These are obvious to hackers and make it easier for them to get your information.

Avoid dates or other obvious password choices. Keep consistent in changing your password at least every few months. There are programs out there to manage your passwords, but it could be just as simple as setting a reminder on your phone.

Protect Yourself Today

Now that you know a few steps to protecting yourself from fraud, go ahead and take action. Make sure you know the latest scams on the market, remove any personal information you’ve given out, and ensure your passwords are strong and new.

If you’re interested in receiving a loan while keeping your information safe, contact us today.