During this unique situation with the Coronavirus (COVID-19) pandemic, there are people who try to take advantage of an already chaotic situation. At Logix Federal Credit Union, we’re here to help you, providing resources to keep you informed.
We’ve previously shared about employment scams, where fraudsters prey on victims looking for jobs. In a typical employment scam, the fraudster poses as an employer and sends the victim a check with instructions to deposit it into the victim's account, keeping a small portion of the check for themselves and wiring the remaining balance to another account. A few days later, the deposited check returns on the victim’s account (as a counterfeit, account closed, or other non-payment reason), leaving the victim responsible for the lost funds.
Credential Stuffing Key Reason To Have Unique Passwords For Every Account
Thursday, August 29, 2019
Did you hear it was Amazon Prime Day not long ago? If you didn’t, it really caused some people to be frustrated. In fact, many comments were posted on Amazon’s Facebook page about hurried consumers who couldn’t purchase their coveted prizes during this time because the website was slow, crashed, or just did something to prevent them. Well, according to a report from the security firm Shape Security, hackers may have helped cause the problems.
‘Tis the season for gift card purchases. They’re great for friends, family, and co-workers; pretty much anyone likes receiving one as a present, but there are two groups who don’t want gift cards: the Internal Revenue Service (IRS) and the Social Security Administration (SSA).
Your Computer Is Infested with Viruses? Not So Fast.
Thursday, October 11, 2018
Have you ever had a mechanic knock on your door to tell you that he was driving by, saw that your car wasn’t running correctly, and decided to come by and fix it? He helpfully takes apart your engine at your request, but then stops working and demands money to finish. You pay what he requested, he works a little more, but tells you more is broken than he thought and that he needs more money. This cycle continues until you stop giving him money, at which point you’re left with a disassembled car in your driveway and a lot less cash in your wallet than you started the day with.
What mechanic could know your car's repair needs simply from driving by? Moreover, why would the "repairs" happen in your driveway? If this situation sounds nonsensical, that's because it is. But, that’s basically the same idea as a common fraud technique: The PC cleaning scam.
