Don’t Get Scammed By Santa!

Security and Scams

One of the oldest holiday scams, which is even more prevalent in the age of the internet, is the letter from Santa scam. Here’s all you need to know about this Christmas-themed scheme. How it plays out In this ruse, scammers set up bogus websites where parents can order legitimate-looking letters from Santa for their children. The cost is less …

4 Scams To Watch For This Halloween

Personal Finances

Four Scams to Watch for this Halloween

Don’t let a Halloween scam spook you! Stay a step ahead of those crooks by looking out for these four scams this season. 1. The shipping scam The internet is brimming with Halloween-themed stores in the months leading up to Oct. 31. Lots of these retailers offer an impressive selection of costumes, accessories, and decorations at great prices. Unfortunately, though, …

DCU Fraud Policy Overview: Debit/Credit Card Data Breaches

DCU Member News & Info, Security and Scams

It can be overwhelming with endless reports of data breaches, cyber-attacks, and fraud. Here at Directions, we want to help you understand these data breaches as much as possible! First and foremost, data breaches happen at the merchant/business level – not at your financial institution. Directions Credit Union has never experienced a data breach. How data breaches occur Businesses that …

Don’t Fall “Fur” Pet Scams

Security and Scams

Proceed with caution when purchasing a pet over the internet. If you’ve verified that everything checks out, and you’re careful throughout the process, you can have your new furry friend and your money, too. What are Pet Scams? Pet scams include nonexistent animals for sale by private “sellers” or bogus pet adoption websites promising adorable new pets at bargain prices. …

Beware Tech Support Scams!

Security and Scams

Tech Support Scams

Tech support scams are some of the evilest forms of hacks. In these scams, fraudsters contact victims and trick them into granting the scammer access to their computers. The crooks may reach out to people through a phone call. They’ll insist that the victims have a virus or another problem they’ve somehow detected from the company’s headquarters. Or, they’ll send …

Debit Card Safety

Security and Scams

Let’s explore when and how to use your debit card.  How do you pay for your purchases? It may be instinct for you to pull out any piece of plastic without thinking, but your random card of choice might not be the safest way to pay. Credit and debit: How are they different? Appearances aside, your credit and debit cards …

7 Ways To Spot A Loan Scam

Security and Scams

A loan scam will target people who are in dire straits and who will do anything to get their hands on some cash. Once a loan scam has snagged a victim, they will have the borrower fill out an “application” with sensitive and personal information. The scammer will use the victim’s information to hack their accounts. Arm yourself with knowledge …

DCU Fraud Q&A: Debit/Credit Card Data Breaches

DCU Member News & Info, Security and Scams

Data breaches are becoming more common. Because of this, we put together a quick Q&A to help answer your questions and provide you with instructions on what to do next.   Q: What is a data breach? A: A data breach is when someone infiltrates a merchant’s network and steals customer information. This information includes name, address, social security number, …

All About EMV Chip Cards

Security and Scams

Are you a swiper or a dipper? Chances are, you have at least one EMV (Europay, Mastercard, and Visa) chip-enabled card in your wallet. Here’s what you need to know about the new generation of cards. 1.) Increased protection against fraud The main reason behind the switch is to curb rampant credit card fraud. Experts pin the high rate of …

ATM Fraud On The Rise: Staying Safe While Getting Cash

Security and Scams

Scammers are everywhere in web-based commerce. You might think you’re safe using cash, but scammers wait in one location you can’t avoid: the ATM. ATM fraud is an old concern, but technological advances mean consumers need to be even more aware. Be cautious of the following: 1.) ATMs in weird locations Cash is convenient. While it’s tempting to use whatever …