Tuesday, April 18, 2017
Scam alert: Protect your information
A message from the Mountain States Compliance Department
Occurrences of scamming are continuing to increase. Scamming often occurs via telephone and email. A scam is defined as “a fraudulent scheme performed by a dishonest individual, group, or company in an attempt obtain money or something else of value. Scams traditionally resided in confidence tricks, where an individual would misrepresent themselves as someone with skill or authority, i.e. a doctor, lawyer, investor. After the internet became widely used, new forms of scams emerged such as lottery scams, scam baiting, email spoofing, phishing, or request for help." (BusinessDictionary.com)
Caller-ID is a function that people have grown to trust. DON'T! Just as we have seen with fraudulent emails, Caller-ID spoofing is when a caller has forged caller-ID information and presents false names and numbers.
So, while your caller-ID may display that the caller is from the bank you have an account with and the telephone number may also appear to be accurate, it may not really be your bank calling you.
Here are a few simple steps can we all take to better protect our information.
Never provide this information to unknown individuals:
- Social Security Number
- Date of birth
- Credit card information
- Bank account information
- Mother’s maiden name
- Computer or account passwords
Make sure to use secure internet connections when accessing the internet.
Here's an article from Health and Human Service (HHS) regarding thousands of individuals affected by phone scam.