(716) 877-1630
Posted in Board Brief, KTFCU News on Apr 16, 2025
Part 2 of 2
We think financial lost as a result of scams, phishing and smishing schemes target other age groups, not ours.
The data shows different age groups are susceptible to different types of fraud. Here are some shocking statistics related to fraud targeted towards our cell phones via texts.
• In 2022, people between the age of 18-44 are most likely to lose money to phone scams.
• Of this group, over 55% are men and about 42% were women. The other 3% chose not to declare their sex.
WHY ARE TEXT MESSAGES INCREASING?
On Dec. 30, 2019, President Trump signed a bill called the TRACED ACT...
Posted in KTFCU News, Newsletter on Apr 01, 2025
Posted in KTFCU News on Mar 27, 2025
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Just give us a call at 716-877-1630 and we'll have your money earning dividends. Rates subject to change.
Posted in Board Brief, KTFCU News on Mar 19, 2025
Part 1 of 2
Almost all Americans own a cell phone (98%). In 2023, 76% of those were smartphones.
Our mobile phones are increasingly becoming instruments of phishing and spam attacks via our text apps. The industry calls these “smishing” schemes.
In 2022, 19.5% of texts were reported as spam (requests to block) and they are growing at a 15% rate per year.
What to Do?
Here is one example supposedly from the US Postal Service (USPS).
Upon inspection, here are some simple observations:
Posted in Board Brief, KTFCU News on Feb 19, 2025
The key to good document control is to know how long to keep them, how to securely store them and how to safely dispose of them.
In closing, we look at documents to consider saving less than 3 years: