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INDIANAPOLIS (WISH) — Here are Monday’s Business headlines from Jane King.
A new Citi survey conducted by YouGov found that while most adults believe they can avoid financial fraud, more than 27% report having been a victim of financial fraud at some point.
It doesn’t have to be a holiday for scammers and scammers.
Be aware of common scam techniques. Scammers often base their scams on major world events such as the news or seasonal holidays, and bank impersonation scams and package delivery scams are also common.
One commonality is that we get busy and think we will never be a victim.
Although many Americans believe they can spot a scam, more than 25% actually become victims.
However, scams constantly evolve, so you don’t need to think of all scams as one specific scenario.
Here are some tips to avoid becoming a victim:
- For added security, add biometric logins such as facial recognition, fingerprint recognition, or two-factor authentication.
- Create a long, unique password or passphrase and opt-in for robust account alerts.
- Protect important numbers like PINs, social security numbers, driver’s license numbers, and more.
- Don’t reveal personal or financial information to people you don’t know.
- Don’t be fooled by a false sense of urgency or an opportunity that seems too good to be true.
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