Digital Fraud Series - (Part 1 of 2)

Posted in Board Brief on Feb 21, 2024

Text Fraud

Who Can You Trust? Fraud continues to be rampant. It now includes attacks on your phone!
This Board Brief demonstrates the difference between a text you can trust (KTFCU Falcon Alert) and one you can’t (a Fraudulent Text). Let’s look at the difference.

FALCON ALERT (TRUSTED COMMUNICATION)

• Sender Address – Most legitimate texts from a financial institution like Falcon Alerts (which are tied to your KTFCU credit or debit cards) have a five-digit code (86975 is the example).
• Information Offered – It suspects fraud and is asking you to respond (YES or NO) to a specific situation (the a...

There's an App for That! Not Necessarily.

Posted in Board Brief on Jan 17, 2024

Downloading Mobile Apps: Do's & Don'ts

In December’s Board Brief we shared with you a released from NSYTRS regarding a fraudulent mobile app claiming the "NYS Retirement" App was available on Google Play. That App was a fraud.

Why would Google or Apple allow fraudulent Apps on their App stores? The quick answer; they try not to. They make every effort to detect such Apps before they are made available. As much as they try, bad actors get through. Once an App is discovered, they get removed.

Here are some things to consider and be aware of regarding downloading Apps. When you go to either Goog...

January 2024 Newsletter

Posted in Newsletter on Jan 01, 2024

January 2024 Newsletter.pdf