You have probably heard people talk about the mysterious “Dark Web” where criminals gather to commit fraudulent acts that result in financial fraud, identity theft and more. But most people don’t really understand what the Dark Web is or how it works. Let’s start with a few facts about the Internet itself.
Did you know there were 14.4 million victims of identity theft in 2019? According to Javelin Strategy, each case cost the victim an average of $1,050 – and that’s only the cost in dollars. When an individual’s identity is stolen, the thief wreaks major havoc on the victim’s financial health, which can take months, or even years, to recover from.
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Giving to a charity is a wonderful thing any time of the year, especially during the holidays. But as the holiday season approaches, and people increase their giving, scammers find more ways to take advantage of others’ goodwill.
Phishing—not to be confused with fishing—is an attempt, via fake emails, to fraudulently obtain sensitive information from a victim. Usually the message is disguised as a legitimate request for usernames, passwords, or banking information in order to deceive the recipient.
In today’s world, we’re connected to the internet all day long—at work, at home, and on-the-go via our mobile devices. And while this is convenient, it also provides hackers and other cyber-criminals with multiple channels to attempt to access our personal information. So in honor of National Cyber Security Month I’ll be sharing one tip per week to help ensure you have the knowledge and resources needed to stay safe online.
You’ve got your W-2, or will soon, and you’re hard at work pulling together all your statements and receipts for tax season. But while you’re preparing to file your taxes, scammers are working on ways to cheat you out of your return. In fact, the Federal Trade Commission (FTC) has already started receiving complaints. To kick-off tax identity theft awareness week, and help you defend against fraud, we’ve got some insight into the most common scams, as well as how to protect your personal information, and what to do if you become a victim.