Millennials Are More Likely to be Fraud Victims Than Their Parents Millennials are widely — and correctly — regarded as tech-savvy, digital enthusiasts. But when it comes to e-commerce, the surprising truth is that millennials are 25% more likely to report losing money to fraud than people over the age of 40, according to the FTC. Analysts have suggested that traits unique to the millennial generation… Read More
Alerta de estafa más reciente: Fraude con tarjeta y qué hacer si es víctima de este fraude La estafa Una de las estafas más comunes en la actualidad es el fraude con tarjeta, el uso no autorizado de una tarjeta de crédito o débito para obtener dinero o bienes de manera fraudulenta. Los estafadores utilizan múltiples tácticas para recopilar esta información, incluyendo replicar la banda magnética de su tarjeta (táctica conocida como skimming), la… Read More
Latest Scam Alert: Card Fraud and What to Do If You are a Victim The Scam One of the most common scams today is card fraud, the unauthorized use of a credit or debit card to fraudulently obtain money or property. Fraudsters use multiple tactics to collect this information, including copying your card’s magnetic strip (known as skimming), intercepting your card in the mail, or using a strategy called “formjacking,” where… Read More
Five Ways to Spot and Prevent Financial Theft Against Seniors Financial elder abuse, where senior citizens are manipulated for financial gain, is a growing problem. According to the National Adult Protective Services Association (NAPSA), one in 20 seniors indicated some form of financial abuse or theft. Fraud and financial elder abuse costs older Americans more than $36.5 billion annually. What’s worse, 90 percent of the “abusers”… Read More
Six Warning Signs All Daters Should Look for This Summer Longer days, warmer nights, relaxed vibes, rooftop patios, pool gatherings, weddings and BBQs. It’s no wonder why the summer months show one of the larger spikes in online dating activity as singles look to share their summertime fun and seasonal events with someone special. As easy as it may be to find someone on Match, Tinder… Read More
How To Spot A Scam & What To Do: Technical Support Scams FirstBank is excited to announce a four-part series on scams: “How To Spot A Scam & What To Do.” So follow along as we highlight common scams, how to identify them, and what to do. First up: technical support scams. The Situation: While logging into online banking you receive a pop-up message that something is wrong… Read More