FRAUD SECURITY TIPS
Knowledge is the first line of defense
In today’s digital age, protecting yourself from fraud is more important than ever. At CFSB, we prioritize your financial security and want to provide you with the tools and knowledge to safeguard your accounts. Below are some essential fraud security tips and best practices.
Recognizing Common Scams
Phishing scams often come via email or text, where scammers impersonate reputable organizations. They typically ask for personal information, such as passwords or account numbers.
Example: You receive an email that looks like it’s from your bank, asking you to verify your account details. Always check the sender’s email address and look for signs of phishing, such as poor grammar or generic greetings.
Best Practices for Online Banking
Use Strong Passwords
Create complex passwords that are difficult to guess. Incorporate letters, numbers, and special characters.
Example: Instead of “password123,” use “G$rden2024!” for added security.
Enable Two-Factor Authentication
Whenever possible, enable two-factor authentication (2FA) for an extra layer of security.
Monitor Your Accounts Regularly
Check your bank statements and account transactions frequently. Report any suspicious activity immediately.
Safeguard Personal Information
Secure Your Devices
Ensure that your computer and mobile devices have up-to-date security software. Regularly update your operating system and applications.
Be Cautious with Public Wi-Fi
Avoid accessing sensitive accounts over public Wi-Fi networks. If necessary, use a VPN for added security.
What to do if you suspect fraud?
Contact the Bank Immediately
If you notice any suspicious activity, contact CFSB right away. Our fraud protection team is here to help.
Report the Incident
File a report with local authorities and the Federal Trade Commission (FTC) if necessary.
