6 WAYS TO AVOID HOLIDAY SHOPPING SCAMS!
In the wake of recent data breaches, shoppers should be on high alert while
purchasing their presents this holiday season.
“Though millions of credit and debit card purchases are made safely each day,
it’s important that consumers remain vigilant in protecting their personal
information,” said Frank Keating, president and CEO of the American Bankers
1. Monitor your account. Use online and mobile banking to keep
an eye on your transactions, especially during the holidays.Notify the bank
right away if there’s any fraudulent activity.
2. Beware of phishing scams. During the holidays, criminals
will create a fake email for a deal that’s too good to be true. If you click on
any links within the email, you may be downloading malware onto your computer or
you may be asked for payment information that could lead to fraud.
3. Limit large sums of cash. Even though we’ve seen financial
crime migrate from physical to cyber, customers should be careful not to carry
around large sums of cash when shopping. A bank will make you whole if there’s
fraud against your account. If cash is stolen, your money is gone.