Financial Fundamentals Blog

October is National Cybersecurity Awareness Month

  • 7 17 Staff
October is National Cybersecurity Awareness Month, emphasizing the need to stay ahead of cyberthreats in an increasingly connected world. With the cost of data breaches rising, protecting your personal information is more critical than ever.

Your Top Tips for Holiday Scam Prevention (Do This to Stay Safe!)

  • 7 17 Staff
As the holiday season approaches, we’re getting ready for a surge in delicious treats, time spent with family and friends and occasions where we may have to loosen our belts to enjoy a cup of hot chocolate. While the holidays bring about so much joy, it also brings an increase in holiday scams.

How to Protect Yourself from Identity Theft

  • 7 17 Staff
In September of 2017, it was reported that Equifax, one of the nation’s three largest credit bureaus, had experienced a severe security breach. The personal data of nearly 150 million Americans was made vulnerable, exposed to hackers and scammers to use as they please.

While the initial sting of the breach has passed, its danger has not. We must all continue to protect our valuable personal information. Here’s how you can secure your personal data.

 

How to Avoid These 3 Trending Financial Scams

  • 7 17 Staff
Fraud is on the rise, and there are so many different ways the scammers try to take advantage of people. Learn about the most popular scams and how to recognize the warning signs. Staying vigilant is the best way to protect yourself.

Quick Tips to Enhance Your Password Security

  • 7 17 Staff
7 17 Credit Union is committed to providing our members with the safest online and mobile banking experience that we can by implementing the most sophisticated security technology. But we can’t do it alone. We want you, our members, to be aware of the measures you can take to safeguard your information. While we’ve compiled a...

What is elder financial abuse and how to prevent it

  • 7 17 Staff
Knowing the signs of elder financial abuse can help protect yourself or your loved ones. Seniors are increasingly becoming targets for financial abuse. People over the age of 50 control over 70 percent of the nation’s wealth, and fraudsters are using new tactics to take advantage of the growing number of older Americans. Senior abuse is estimated to have cost victims at least $2.9 billion in the last year alone.

Protect your finances: understanding phishing, vishing, and smishing

  • 7 17 Staff
They might sound cute and clever, but phishing, vishing and smishing are anything but that. Let’s take a look at these common attempts to steal your personal information and how you can protect yourself.

Simplify the holiday season with mobile banking

  • 7 17 Staff
Feeling the pressure of the Holidays already? Don’t worry, we have some tips on how online and mobile banking can truly make the Holidays the most wonderful time of the year.

Six Tips for Avoiding Summer Travel Scams

  • Beth Ann Tabak
Ready to get away this summer? We hear you! Just don’t fall prey to a fraudster. Here are four tips to steering clear of travel scams this summer.

How Protect Yourself from Financial Aid Scams

  • Beth Ann Tabak

Navigating the world of college and financial aid is no easy task. Tuition can be expensive, which puts added stress on families because they’re on the hunt for scholarships, grants and other financial aid.

How To Tell If Your A Victim Of Unemployment Fraud

  • Francesca Sacco
Fraudulent unemployment claims have reached dramatic levels during the pandemic. Claims continue to rise across the United States, and Ohio is no exception. According to the Ohio Department of Job and Family Services, over 128,000 claims were filed in March of 2021. Of those 128,000 claims, at least 19,000 have been flagged as...

What is Account Takeover Fraud and How Can You Protect Yourself?

  • Francesca Sacco
Fraudsters will stop at nothing to gain personal information, and when they succeed, the end result can be disastrous. One type of fraud that is gaining traction is account takeover fraud, or ATO. Account takeover fraud, also known as account compromise, occurs when a cyber-attacker gains control of a legitimate account.