Fraud is a word you don’t commonly associate with your daily life until it happens to you. Whether you’re purchasing something online with your credit card, putting away important documents in a drawer, have lost your license, or are simply living day to day, you can be vulnerable to scams and having your personal information become public. With so many different parts of your life at risk, you want to take precautions.
– One of the most common pieces of advice that is repeatedly shared is to keep your personal information confidential. This includes not giving information over the phone, the Internet or email. You really don’t know the receiver on the other side of the screen, so it’s important to be sure you’re on a secure site. Check the URL; if it starts with https or has the green secure lock in the left-hand corner, the website is secure.
– Stay updated on the most common scams going on in the world. Beware of strange tactics and be aware of red flags.
– Do you check your financial statements consistently? Great! Your credit report not so much? This is an important checkup you probably didn’t realize since it’s not part of your financial statements. Be sure to check your credit report consistently.
– You may like “sk8Rboi47” as your password, but it’s time to update your middle school password to something more secure. We recommend changing your passwords at least twice a year, avoiding names, words, dates, etc. that anyone could guess.
– Missed spring cleaning? Time to get rid of those old bank statements, tax returns, receipts, and junk mail. These contain sensitive information, so be sure they are unreadable. Before you get shredder-happy, check how long you need to keep them.
If you get caught up in a fraud, immediately report it. Whether or not it helps you, it can help police be aware of those scammers and send out alerts to others. Here at Larson Company, we want to help protect you and your information, so we approach it as the three aspects of the fraud triangle: (1) perceived pressure, (2) perceived opportunity, and (3) rationalization. If you want to learn more, don’t hesitate to give us a call at 801-313-1900 to speak to a member of our staff today. We’ll be happy to help!