Fraud Prevention
Fraud Prevention Awareness: Watch Out for Elder Abuse Scams.
Did you know that older adults lost more money to fraud in 2024 than any other age group? The Federal Trade Commission (FTC) reported that victims in their 60s lost more than $1.18 billion to fraud! Most of that was through imposter scams, investment scams, and romance scams. June is Elder Abuse Awareness Month and …
Beware: Scammers are impersonating your boss!
Have you ever received an urgent text message or email from your boss that required immediate attention? Most people have, which is why fraudsters are posing as your boss to steal money or sensitive information about you or your company. What is a boss impersonation scam? The scam begins with a simple text message, claiming …
What’s the Difference Between Phishing, Smishing and Vishing?
Cybercrime is on the rise and with it are evolving methods that fraudsters use to steal from you. Phishing, smishing, and vishing are common scams that try to steal your money, personal info, or identity. Phishing is when fraudsters pose as a company you do business with or trust, like your bank, credit card company, …
Zelle® Safety 101
April is financial literacy month and the perfect time to learn how to better manage your money and stay safe from scammers, especially when using convenient payment tools like Zelle®! Zelle® is a convenient way to send and receive money with friends, family, and others you trust. However, scammers often use Zelle® because money is …
How to Protect Your Business from Wire Transfer Scams
The FTC reported that between 2000 and 2024, reports of fraud involving businesses nearly tripled and losses grew from $90 million to $501 million. Last year’s AFP® Payments Fraud and Control Survey Report showed that 80% of organizations were victims of payment fraud attacks or attempts in 2023. And, wire transfers were the most vulnerable …
Tax scams- the refund you don’t want to claim
Tax season is nearing its halfway point! As you gather what you need file, be on guard against tax scammers who could try to steal your refund or your personal information! At North Shore Bank and Abington Bank, we want to help protect you. Here’s some info on the latest tax scams and how to …
Fraud Prevention Awareness: Watch Out for Imposter Scams!
What is an imposter scam? When someone pretends to be a representative of a company or organization you trust to get you to send money or provide sensitive personal information, it’s called an imposter scam. Unfortunately, imposter scams come in all shapes and sizes. The more information fraudsters have on you, the more creative they …
Identity Theft Awareness Week: Types and methods of identity theft.
Identity Theft Awareness Week is January 27-31. This week, we’re covering all things Identity Theft and offering up ways to protect yourself. What are the different types of identity theft? Unfortunately, identity theft comes in many forms, and fraudsters’ methods are always evolving. Below are some types of identity theft to look out for: Financial …
Identity Theft Awareness Week: What should you do if you’re a victim?
Identity Theft Awareness Week is January 27-31. This week, we’re covering all things Identity Theft and offering up ways to protect yourself. According to the FTC, people in their 30s are most likely to become victims of identity theft. However, the elderly are more likely to suffer large monetary losses. That said, Identity theft can …
Identity Theft Awareness Week: How to protect yourself.
Identity Theft Awareness Week is January 27-31. This week, we’re covering all things Identity Theft and offering up ways to protect yourself. The most prevalent type of identity theft is credit card fraud, with nearly 400,000 incidents reported to the FTC in 2023 alone. Identity Theft can happen to anyone, but there are simple steps …
