If you enable push notifications on your Venmo account, you will be notified whenever there is a transaction. If this is in place, you will be alerted immediately when there is fraudulent activity on your account — even if Venmo doesn’t recognize it as fraud — and you can resolve it right away. To enable […]
Recent events have seen a big rise in the use of online shopping, mobile payments and online banking, it’s more important than ever to keep an eye on your financial accounts for possible fraud. Check your bank and credit card statements regularly to make sure there’s nothing wrong.
If you notice fraudulent activity on your bank account, notify the Federal Trade Commission immediately, then use the report to notify the police. A more comprehensive report will better equip the police to find the person responsible. To begin this process: Navigate to the Federal Trade Commission website. Click on “Get Started” on the home […]
One possible way to decrease the potential damage of an attacker gaining access to your credit card information, is to consider opening a credit card account for online use only. Maintain a minimum credit line on the account to limit the amount of charges a potential attacker can accumulate.
If you’re sending cash to a new contact on Venmo, it’s a good idea to do more than just search for their name and assume the first result is accurate and authentic. If possible, scan the recipient’s QR code to find their profile.
When you enter a card number online, it could be intercepted by a man-in-the-middle attack or exposed in a data breach. Digital wallets are more secure, but if you must enter a card number to complete an online transaction, virtual card numbers can help protect your main account. These temporary numbers can be set to […]
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