Minimizing Exposure to Identity Theft Series (Part 4 of 4)

Posted in Board Brief on Jul 17, 2024

Ways WE can protect ourselves from Identity Theft and Scams

Everyone is susceptible to Identity Theft and Fraud, regardless of age. However, some age groups are more susceptible in certain ways than other groups. For example:

• Millennials have high instances of ID Theft, especially related to online accounts and are frequently targeted by apartment/rental scams.
• Gen-Xers have high rates of credit card fraud and ID Theft and are commonly impacted by employment/loan scams and phishing attempts.
• Baby Boomers have high rates of tax-related ID Theft and fraud and are often targeted by work-from-ho...

July 2024 Newsletter

Posted in KTFCU News, Newsletter on Jul 01, 2024

[July 2024 Newsletter.pdf]

Minimizing Exposure to Identity Theft Series (Part 3 of 4)

Posted in Board Brief on Jun 19, 2024

Myths about Who is Affected by Identity Theft & Scams (Fraud)

It is a common belief that Identity Theft and Fraud mostly happens to the aged. Here are two graphs for you to consider.

What do the graphs tell us?
In the case of the graph on the left (Identity Theft), those in the age group between ages 30 and 39 were significantly more susceptible. They were about double the other groups and nearly 3.5 times more than seniors!

In the second graph (Fraud or Scams), they combined the 20-29 & 30-39 age groups and the 40-49 & 50- 59 age groups. This is probably because we are living longer and the ...