late payments, and the hassle of closing your account and opening a new one. In some cases, it can take months or even years to fully recover from the fallout. The good news is that knowing how to protect your bank account can help...
As you workto protect your bank account from fraud, two layers of defense are better than one. That’s where two-factor authentication comes in. With this method, you’ll need your password and another proof of identity like a one-time code sent to your phone in order to log in to an...
How to protect your business bank account The FDIC is primarily concerned with protecting your deposit for instances of economic calamity — specifically, bank failure. Other potential threats to your business bank account, such as fraud or hacking, won’t be covered by FDIC insurance. These are ...
Oh, don’t forget the danger in opening and responding to e-mails — to avoid cyber criminals from phishing — a tactic to get you to reveal sensitive information. From the Coach’s Corner,if you’re a cyber victim, contact a noted security expert and then inform authorities (How to Rep...
Your bank would not ask you to confirm your account number, PIN, password or any other personal information via email, text or voice call. Avoid clicking suspicious links. If someone calls and asks for your banking information, hang up immediately and call your bank directly at the number...
You can also help protect your account by keeping your contact information updated so your bank can reach you if there's any unusual account activity. Some banks have systems that will recognize anunusual purchaseand may send you a text message to confirm that you're the one making the purch...
So, try to avoid this kind of information as your password. A secure and strong password will be a unique combination of words, special characters, and numbers.(最基本的保护是在线密码。应用私人信息,比如你的生日或宠物的名字,可能很容易记住,但更常见。因此,尽量避免将此类信息作为您的密码。一个...
Fraudsters pose as bank employees to manipulate you into sharing sensitive personally identifiable information (PII) — such as your 2FA codes, PINs, or bank account numbers. Some scammers claim the only way to protect your money is to transfer it to a “safe” account via Zelle, Cash App,...
Learn the signs of bank fraud to prevent it from happening to you. Find information on what to look for in your account statements and and what to do if you suspect you are a victim of fraud.
Bank fraud prevention starts with your small business. Explore common types of bank fraud and scams to understand how thieves gain access. Then learn how to reduce risks and protect your bank account by strengthening cybersecurity measures and working with your financial institution. ...