Children of every age are susceptible to identity theft — they make highly desirable targets with untapped credit histories and no debt, especially kids under eight years old. But as children grow older, begin to establish their own credit, and head off to college, they increasingly fall for scams that can lead to loss of money and their identity. This is a crash-course in adulting that no parent wants to see their child experience. Continue reading
There’s more than money at stake when it comes to a financial scam; consumers’ identities are also under attack. Opportunities that offer a large amount of money for minimal participation or investment are typically red flags, and there’s likely a criminal working to steal your money or personal information. Fraudsters pulling off imposter scams — attempting to earn your trust so you will send them money or personal information — can commit synthetic identity theft with just two pieces of your Personally Identifiable Information (PII), the kind of details often required to participate in “fast cash” or easy “work from home” jobs. Continue reading
Summer vacation season is here, and you may see in increase in travel ads and discounted trip while browsing social media or scrolling through your inbox. However, not all these offers are legitimate. Hotel scams alone cost American travelers more than $4 billion a year, according to the American Hotel and Booking Association.
Scammers are ramping up their activity to take advantage of people booking vacations and those hunting for last-minute travel deals. They are targeting your booking deposits and attempting to gain access to your personal information and financial accounts to commit further fraud. Continue reading
Nearly half of small businesses experienced at least one cyberattack last year, losing an average of over $30,000 per security incident. From phishing scams to delinquent utilities and office supply scams, fraudsters are trying to infiltrate your business for financial gain. Summer is a prime season for vulnerability, as your employees’ vacation time results in fewer resources to thwart these attacks. Plan ahead to defend your company against fraud. Continue reading