In every aspect of life, the improvement in technology has both advantages and disadvantages. For instance, when it comes to banking and financial institutions, there have been many cases of their customers being scammed. Fraud and scams can happen to anybody at any time and it is upon each and every individual to take proper care of the financial documents. The banks advise that these documents should be strictly private and confidential and only released to the legal account holders.
Almost everybody has received an email or message related to their financial details. It is very important to take great care and if you are unsure of what to do about it, you should seek advice from your bank. Better still it is recommended that you should ignore such messages. As technology advances and changes the way the business is carried out, there is a rise in the number of new ways of frauds.
Fnbnorcal.com is one of the rising banks in California in terms of customer base and assets, they have achieved this tremendous growth due to the way they put their clients first and build a solid relationship with their clients. Below are some of the major ways they have advised in order to protect you from the online scams.
- Always keep the personal and financial information private and confidential.
As mentioned earlier, this information is intended for only the account holder. You, as the account holder should never disclose any information that may jeopardize your accounts. You should never disclose the credit and debit card information and neither should you talk about such and any other related information over the phone or internet even if it is from the bank. Instead, you ought to personally visit the bank branch in case of an alarming issue.
- Order regular credit and bank reports.
There have been a lot of cases of identity theft and it has been used to apply for loans and credit cards. For this reason it is advisable that you should order annual, half-yearly or quarterly reports to ensure that the information and the account activity is correct.
- Change your password and account pins once in a while.
According to the financial security experts, it is recommended that you should change your online banking passwords and credit/debit card pins twice a year. This is a safety measure even if there is no unusual activity in the account. When creating a password, it should be one that would be hard to guess. For instance, it can include a capital and small letter, a few numbers and symbols. These would make a very strong password.
Above are not the only safety measures. There are so many and it is recommended that you should as well seek advice from the financial security experts on ways to protect yourself from fraudsters.