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Posted in KTFCU News, Newsletter on Jul 01, 2024
Posted in Board Brief on Jun 19, 2024
Myths about Who is Affected by Identity Theft & Scams (Fraud)
It is a common belief that Identity Theft and Fraud mostly happens to the aged. Here are two graphs for you to consider.
What do the graphs tell us?
In the case of the graph on the left (Identity Theft), those in the age group between ages 30 and 39 were significantly more susceptible. They were about double the other groups and nearly 3.5 times more than seniors!
In the second graph (Fraud or Scams), they combined the 20-29 & 30-39 age groups and the 40-49 & 50- 59 age groups. This is probably because we are living longer and the ...
Posted in Board Brief on May 15, 2024
We Are Responsible for Our Exposure to Identity Theft & Scams (Fraud).
Financial scams continue to be in the news. AND, unfortunately, they’re not going away!
Scams have become so rampant. As a result, we want to focus the next few Board Briefs on the things all of us can and need to do to protect ourselves, in as much as it is within our control.
Why?
The reality is our Personally Identifiable Information (PII) is digitally everywhere, for sale from both reputable and disreputable companies. The horse has left the barn, never to return. That’s why we must be diligent and take the initiative a...