Every day technology becomes more prevalent in people’s lives. From working and traveling to shopping and socializing, it seems people are always connected today. But this non-stop reliance on your devices also creates a haven for fraudsters – and the pandemic only accelerated this digital dependence.
Every day, our cash society seems to move more into the digital realm. A prominent cause of this shift is convenience, and mobile wallets make the transition seamless. Despite the rise in popularity, many members are still unsure about this newer technology. Is it safe? What happens if you lose your phone? It makes sense to be hesitant since a mobile wallet can hold so much of your financial information.
Due to the events unfolding in Ukraine, people worldwide are standing up to help in any way they can. Unfortunately, these types of emergencies, whether they involve worldwide or local relief funds, are prime opportunities for scammers.
Filing your taxes can be a bit of a headache each year. While many people may have good intentions of filing as soon as they get their W-2s, the reality is people often procrastinate. Then, before they know it, the deadline sneaks up and forces them to reorganize their schedule to make time to file, causing a great deal of unnecessary stress.
Keeping your financial accounts safe in today’s digital world is a growing challenge. Hackers are constantly coming up with new ways to gain access to your accounts through your computer and even your mobile devices. It’s important to remain proactive when it comes to protecting your finances.
No matter how much advance planning you do for a trip abroad, there are always some details that require last-minute handling. Some of them become routine, but they are important, nonetheless.
Each year the IRS releases a list of tax scams that are currently affecting many individuals. The number of different scams seems to steadily increase each year, with fraudsters becoming more proficient in their targeting methods. This year, there is more for taxpayers to be mindful of with COVID-19 and economic impact payments setting the stage for tax scams.
Unfortunately, identity theft impacts many people each day. Because of the potential resulting damage, if you become a fraud victim, it’s essential to take swift action to get the situation under control. While this may take a few steps, you must do what is necessary to minimize fraud’s harmful effects.
With so many people using smart devices in their homes these days, it’s more important than ever to make sure they are secured. Since these devices connect directly to the Internet, you may not realize they collect and share your data. Therefore, it's essential to understand how they work — and, more importantly, how you can secure them.
Fraud prevention can take some effort, but it's definitely worth it. Protecting your "worth" is the best way to ensure a healthy future in financial terms. Common sense goes a long way towards keeping your accounts secure, but constant awareness of the risk is not considered paranoid today. It's all too easy to become a victim.
