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Don’t be Fooled by a Remote Deposit Capture/Check Scam
Scammers are always looking for ways to prey upon people, especially those consumers needing money quickly. One way is to use Remote Deposit Capture (RDC), a service which allows you to deposit a check remotely into your account.
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Cyber Safe SD: Helping SD Businesses with Cybersecurity
Cybersecurity is one of the biggest threats facing small businesses. The challenges small businesses face include how to identify the cyber threats, protect their business, and respond better to cyber-attacks. According to the Cybercrime Magazine, 60% of small businesses that experience a cyber-attack are out of business six months later.
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ALERT! – Business Email Compromise Scams
In late 2022, Dakotaland lending staff observed another outbreak of Business Email Compromise Scams that attempted to defraud our members of hundreds of thousands of dollars. Thankfully, no member or credit union funds were lost! Due to the ease with which the fraud can be executed, this blog post is to make our members aware of Business Email Compromise Scams and how they can be avoided.
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Tips for Creating a Strong Password
Passwords help guard your online accounts, but they are only as strong as you make them. To keep your sensitive accounts secure, it’s time to think about strength in numbers – that means the number of characters in your password and the number of passwords you use. Sure, passwords like ‘123456’ or a child’s name are easy to remember, but cybercriminals are banking on you using a password that is ...
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From Puppies to Tech Support: 10 Scams Targeting Your Older Members
June is Elder Abuse Awareness month, an excellent time for credit union staff to brush up on the latest scams targeting older members. Up to five million older Americans are abused every year, and the annual loss by victims of financial abuse is estimated to be at least $36.5 billion. People over 60 are often the targets of criminals because they are more financially secure, they may experience ...
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Beware of Romance Scams
In the past two decades, the global advancements in technology have truly changed the way the world works. With computers in our pockets, electric cars on the road, and virtual everything, the times are changing, and the scams tactics are too.
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IRS Imposter Scams
Be on the lookout in 2022. Learn how to spot scammers who pretend to be Internal Revenue Service officials. Email messages and phone calls which appear to be coming from the IRS should always be verified before giving out any personal information, account data or sending money.
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IRS Reporting Scrapped from Reconciliation Package
October 28, 2021 FOR IMMEDIATE RELEASE October 28, 2021 Washington, DC CUNA President/CEO calls the development a “major win” for credit union members Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after Congress introduced the budget reconciliation package without a harmful Internal Revenue Service (IRS) reporting proposal: “This is a major win ...
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