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
The Scoop on Skimming: How to Protect Your Card Information You take precautions to avoid card fraud. You’re careful where you shop online, you filter out robocalls and you use cash when you can. But did you know that something as simple as getting gas may leave you vulnerable to skimming? What is skimming? Skimming is a kind of fraud where fraudsters use a device… Read More
What You Need to Know About Online Scams The unfortunate reality is that fraud can happen to anyone. How you, and your financial institution, respond is crucial. Take a look at this testimonial from a FirstBank customer who received a fraudulent phishing email from an individual posing as a customer service representative. The scammer began by notifying them of an attempted fraudulent purchase on… Read More
Online Shopping Has Changed Fraud, Here’s How to Protect Yourself Shopping is increasingly done online, and unfortunately fraud has followed suit. According to national credit reporting agency, TransUnion, suspected eCommerce fraud increased by 12 percent during the first month of the COVID pandemic. Luckily, we’re here to offer some helpful advice that can help protect you from becoming a victim. More online transactions can make… Read More
Alerta de Estafa más Reciente: Fraude de Seguro por Desempleo La estafa La pandemia ha hecho que las solicitudes de beneficios por desempleo alcancen niveles récord, lo que también ha generado un aumento del fraude de seguro por desempleo. Los estafadores se hacen pasar por sus víctimas y utilizan identidades robadas para presentar reclamos fraudulentos de seguro por desempleo en línea. Según el FBI (página… Read More
Latest Scam Alert: Unemployment Insurance Fraud The Scam The pandemic has caused unemployment claims to sustain record levels, which has also led to an increase in unemployment insurance fraud. Scammers are posing as their victims and using stolen identities to submit fraudulent unemployment insurance claims online. According to the FBI, fraudsters are obtaining personal information from phishing schemes, cold calling victims,… Read More
Can You Spot a Phishing Scam? Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only growing worse. In fact, the Federal Trade Commission’s 2019 report on fraud estimates that American consumers reported losing a staggering $1.9… Read More
Latest Scam Alert: Beware of Text Messages or Calls Appearing From Your Bank The Scam Over the years, there have been a growing number of “spoofing” attempts being made in the financial industry, including on FirstBank customers. Fraudsters are using falsified caller ID numbers — or what appears to be legitimate text messages — to trick FirstBank customers into providing sensitive information. These scammers are either acting as… Read More
Alerta de estafa más reciente: Tenga cuidado con las llamadas que parecen provenir de su banco La estafa A lo largo de los años , ha habido un incremento en el número de intentos de suplantación de identidad “spoofing” realizados en la industria financiera, lo cual incluye a los clientes de FirstBank. Los estafadores utilizan números falsificados que aparecen en el identificador de llamadas para engañar a los clientes de FirstBank… Read More
Cómo prevenir estafadores en línea La pandemia actual ha llevado a que los compradores en línea lleguen a números récord. Pero este auge en línea también puede conducir a más fraude. Según algunos expertos, puede suceder. Una encuesta reciente de TransUnion informó que el 22 por ciento de los estadounidenses fueron víctimas de algún tipo de fraude en línea en… Read More