Fraud Tips for the Holidays

Where has this year gone? It’s hard to believe that the holiday season is right around the corner, but it seems to sneak up on us every year. At Two Rivers Bank & Trust, we love the holidays! We also know it can be a time when our customers need us the most.

According to ACI Worldwide, fraud increases by 31% during the holiday season and we want you to be prepared for the scammers and skimmers that are getting more sophisticated every year.

Follow these fraud tips from Alicia Whalen, Mt. Pleasant Branch Manager, to protect yourself during the holidays when you’re shopping for loved ones.

“Even though it’s cold, check the card slot reader at gas stations before you fill your vehicle with gas,” Whalen said. “It’s common for skimmers to loosen the slot to try and steal your card’s information.”fraud

Another way to protect yourself is to use your Two Rivers Bank & Trust EMV chip card.

EMV stands for “Europay, MasterCard, and Visa”, the three companies that originally developed the specifications for the technology. “EMV chip credit and debit cards offer better protection than cards that do not have this technology,” she explained. “The embedded chips add security that can help keep your account safe.”

If you’re shopping online, be careful of fraudulent websites. Don’t enter your credit card information unless the address starts with ‘https:’. The ending ‘s’ means it’s a secure web address.

“As always, remember to keep your passwords varied and updated,” Whalen said. “It’s the first step to keeping your private information secure.”

“I love working at Two Rivers because my co-workers and I are just a big family that wants to help our customers,” she explained. “If our customers ever have a security issue with their accounts, we want them to know we are here to help.”

At Two Rivers Bank & Trust, we always have your protection in mind. Don’t forget about these helpful tips as we soon get swept up in the holidays and if you fall victim to a skimmer, call us!

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