Avoiding Scams and Identity Theft, Part II

It seems like there is a new scam or con game that pops up every week, and a big reason for that is the lack of digital security in the online world. The key is to keep your information close, notice anything that is out of place with your finances and double check before you click send.

Last month, for example, there was a phishing scam that revolved around criminals taking the National Credit Union Administration’s (NCUA) logo, name and brand to create a website. Users would either find that website by mistake or be lead there.

Then they were asked to pay a fee or send money for different things. Remember, there is no reason for Educators or anyone else to call you directly and ask for financial data.

“Educators Credit Union and the National Credit Union Administration will not contact members to request personal or financial information. Please be cautious when giving out any personal information in this manner,” Educators wrote in a news release concerning the incident.

Another thing to keep in mind is the need to get to the source. If you receive something in the mail about local taxes going up, some new fee associated with your mortgage, if you won money but have to pay a processing fee first or something else along those lines—dig a little deeper.

Don’t call the number they provide—if it is tax related, call your local official and get the truth. Don’t believe a fancy letterhead and a logo. Doing a little bit of investigating can save you a lot of trouble down the road.