Imagine opening your bank statement and seeing debit card transactions you never made on your checking account. While the realization that your debit card has been compromised begins to sink in, you also notice that these unauthorized transactions have caused your account to become overdrawn. You had no idea about any of this. As your mind races, you quickly realize you need to call the bank, dispute the charges, and figure out what other information of yours was compromised. Your stomach drops as you think about how inconvenient getting everything straightened out will be and you wonder how this could have been prevented.
Keep Your Money Safe
Corporate account takeover is a type of fraud where thieves gain access to a business’ finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable. Ephrata National Bank recommends following these tips to keep your small business safe.
Every year, millions of consumers fall victim to cybercrime. According to the FBI’s Internet Crime Complaint Center, in 2014, consumers lost more than $800 million from scams initiated through the web. In recognition of Internet Safety Month in June, Ephrata National Bank is highlighting seven tips to help consumers protect themselves from online fraud.
With the 2018 tax season underway, all customers should take extra precaution when filing their return to prevent their exposure to tax fraud.
As banking online continues to grow in popularity, so do the methods in which criminals attempt to commit fraud and scams to obtain information that will allow them to gain access to your accounts.
Since debit card usage has surpassed credit card usage, don’t you think it would be a good idea to know how to use it to your to your advantage? Debit cards are super convenient making it easy to use them for various purchases such as groceries, gas, etc., or to withdrawal money from your bank…
W2’s and year-end tax information forms have arrived and the 2015 tax season is now well underway. As you begin to gather your information to file your taxes, it’s important to remain cautious and vigilant in order to protect yourself from the countless scams and tricks criminals are employing to acquire your identity or assets…