Scammers and thieves work overtime to cheat people out of money and personal information. Here’s what you can do to increase fraud prevention.

1. DO be observant when withdrawing cash from ATMs

Look for broken parts and screens. That may indicate the presence of a card skimmer. Contact your card issuer immediately if you accidentally insert a card into a suspicious ATM.

2. DO know your daily balance for checking and savings accounts

Even better, sign up for mobile card controls and alerts that notify you of every transaction. We offer SecurLock EQUIP for your Money FCU debit card – download it for Apple or Android and take control of your card.

3. DO check your own credit

Identity thieves are hard at work opening accounts in the names of innocent consumers – don’t let this be you. Every consumer in the U.S. is entitled to receive a copy of his or her credit report once a year. Visit www.annualcreditreport.com to get your official credit reports for free.

4. DO read the fine print

Before submitting payment information or clicking links, double check all URLs and email addresses. Make sure there are no extra commas or unusual characters. Fraudsters are masters at impersonating brands and individuals. So, run frequent virus scans on all home computers and mobile devices as well.

5. DO remember if it seems too good to be true, then it’s probably a scam

Secret shopper scams are still circulating. If you get an offer to deposit a check, shop at a certain store, and then return some of the funds back to the sender, you’re getting scammed.

6. DON’T download apps from just anywhere

There are many unlicensed banking apps out there. Also, many popular smartphone apps today that appear harmless actually contain malicious code. If you need to access mobile banking for your Money FCU account, ask us how to find it in your phone and what the icon looks like.

7.  DON’T believe everything you hear or read

Fraudsters love to attach a sense of urgency to their requests. If someone calls or texts you “with a very important message from your card issuer”, don’t pick it up and don’t respond. Call your card issuer directly and ask if there is an issue with your card.

8. DON’T talk to unknown callers

If you don’t recognize the phone number calling you, don’t answer. Fraudsters are aggressive, and there are many tools out there they can use to fake a human voice. Don’t give away a sample of yours.

9. DON’T swipe cards

EMV chips cards are far more secure than old magnetic stripe cards. If a merchant is still asking you to swipe your card, shop somewhere else, or use cash.

10. DON’T store card numbers on websites you don’t frequently use.

A breach on any site can send your card data to the dark web. Always look for the little lock in your browser window to ensure that a webpage is secure.

BOTTOM LINE

Follow the SEA approach for smooth sailing.

S is for Slow Down

If you don’t know the person calling or texting you and they are urgently requesting your card or personal information, hang up or ignore the text until you can evaluate the situation.

E is for Evaluate

Do your own fact finding regarding calls and emails to determine why anyone needs your social security number, date of birth, or PIN. Chances are, no one needs this information except a criminal.

A is for Act

Notify your credit union immediately if you think you have encountered a fraudster and any of your information has been compromised.

These are some specific situations that still happen today. Ideally, you should be cautious all the time if you want to be successful in fraud prevention.