Seven Tips to Avoid Spoofing Fraud and Financial Scams

Online and mobile banking make taking care of your finances convenient. While online, you want to take meaningful steps to keep your financial accounts safe so you can confidently embrace the benefits of digital banking and help avoid cyberattacks. Here are some tips:

1. Use a Strong Password – And Keep It Secret! Create a unique, secure password for each account you use to access your finances. Each password should:

• Use at least 8 characters (12 or more is best)
• Include a combination of numbers, symbols, and uppercase and lowercase letters
• Be free of identifiable or searchable information about you
  

2. Always Use a Secure Internet Connection. Websites using SSL (Secure Socket Layer encryption) always show a web address that starts with https://, which indicates that you are on a secure site. Make sure the website is secure whenever you enter financial information, like a credit card or account number. If using public Wi-Fi, never enter personal or financial information, as public networks are less secure.

3. Verify Who You are Communicating With. If someone unexpectedly contacts you and claims to work for your financial institution, do not interact with them. Instead, contact your financial institution directly using their verified number, web address, or email address and report the communication.

4.Download From a Trusted Source. Download mobile banking apps from reputable sources, such as your financial institution’s website or a valid app marketplace like the App Store from Apple or Play Stores from Google.

5. Use an Extra Layer of Security. Your financial institution may have additional tools to stay secure. Some mobile banking apps have features like multifactor authentication (MFA), which requires you to present at least two types of authentications, such as entering a code sent via text, email, or a secure app before you can log in to your account. Remember, never share codes with anyone, these give access to your account and could compromise your finances and identity.

6. Regularly Monitor Your Accounts and Transactions. Review your account statements and transaction history at least once a month to identify suspicious or unfamiliar activity. If there are unauthorized transactions, contact your financial institution to minimize your financial loss and take the necessary steps to secure your account. 

7. Keep Anti-Malware and Antivirus Software Up to Date. Anti-malware and antivirus software on your devices can help protect against certain malicious attacks, like viruses and ransomware. Each device you use for mobile and online banking should have trusted anti-malware and antivirus software installed on it. 

Stay Safe and Secure with Clark County Credit Union

In this digital age, your financial security is paramount. Remember: Stay vigilant, stay updated, and stay secure with your mobile and online banking. The power to protect your financial future is in your hands – let us help you take care of the rest. If you suspect any fraudulent transactions, please contact us at 702-228-2228 or click Report Fraud. 

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