FRAUD

Protect yourself from Fraud

Scammers are getting increasingly sophisticated in their attempts to get your money or personal details. Be alert and protect yourself from Online fraud by familiarising yourself with the various types of fraud –

 

Phishing – scams that request your account information

"Phishing" is a form of Internet fraud that aims to steal valuable information such as card numbers, user IDs and passwords. A fake web site is created to look similar to that of a legitimate organisation, typically a financial institution such as a bank or insurance company. An email or SMS is sent requesting that the recipient access the fake web site and enter their personal details, including security access codes. The page looks genuine but users entering information are inadvertently sending their information to the fraudster.

Identity theft

Identity theft is on the increase in Australia. It can take many forms, from fraudulent credit card use, to your entire identity being used to open accounts, obtain loans, and conduct other illegal activities.

Be suspicious if anyone asks you for your personal information. Scammers use convincing stories to explain why you need to give them money or personal details.

Here are 7 simple strategies to help protect your financial identity:

Viruses and Trojans

Viruses and Trojans are harmful programs that are loaded onto your computer without your knowledge. The goal of these programs may be to obtain or damage information, hinder the performance of your computer, or flood you with advertising.

Viruses spread by infecting computers and then replicating. Trojans appear as genuine applications and then embed themselves into a computer to monitor activity and collect information.

Using a firewall and maintaining current virus protection software can help minimise your chances of getting viruses and inadvertently downloading Trojans.

Spyware and Adware

When clicking on pop-up advertisements – ones that “pop up” in a separate browser window – it’s possible you are also downloading “spyware” or “adware”. These programs often come bundled with free programs, applications or services you may download from the Internet.

Spyware or Adware software covertly gathers your user information and monitors your Internet activity, usually for advertising purposes.

Be cautious about clicking on Internet banners and pop-ups or downloading free programs. Maintain current security software to detect and remove spyware.

https://www.banksa.com.au/libs/cq/ui/resources/0.gif

https://www.banksa.com.au/libs/cq/ui/resources/0.gifPhishing over the phone

Fraudsters don't only strike online. Phishing, where traditionally emails seek to represent a known or trusted entity and trick people into disclosing their account or personal details, is now increasingly happening over the phone.

Be particularly vigilant if you’re asked to disclose any Internet Banking sign-in details or Secure Code sent to your mobile.

If you have reason to doubt the validity of a caller, ask their name and phone number to call them back, and check the number against the organisation’s number in the phone directory.  Also, be on the lookout for voice recorded messages that can dial automatically and ask you to call a number or provide account information.

https://www.banksa.com.au/libs/cq/ui/resources/0.gifPhishing by SMS

Your mobile can be a target for fraudsters too. If you receive any SMS message that you have not requested or are expecting, and you're suspicious, please contact us to confirm the authenticity of the message.

https://www.banksa.com.au/libs/cq/ui/resources/0.gifOther mobile scams

You might be offered free or cheap ring tones, or the chance to win fantastic prizes via text messages, or even automated voicemail messages. You should avoid responding to or downloading supposedly free software due to the risk of a virus or trojan software being installed.

 

For More Information, Visit     Scamwatch

 

If you need more information, or feel that you may have been the victim of fraud, please contact us.

Yarrawonga – 03 5744 3713

Cobram – 03 5871 2188

Email - info@cmcu.com.au