We're watching out.
We want our members to be aware of what's out there.
ALERT: IRS Tax Scam (02.20.18)
- The IRS identified a new scam in which cybercriminals have stolen client data from tax professionals and filed fraudulent refunds using real taxpayer information, including bank account and routing information for direct deposit. The fraudster then contacts the taxpayer posing as an employee of a debt collection agency working on behalf of the IRS. They ask the taxpayer to take certain steps to return the refund, but actually the refund goes to the criminals.
- IRS guidance to taxpayers who are victims asks them to contact the Automated Clearing House (ACH) department of the bank/financial institution where the direct deposit was received and have them return the refund to the IRS. The IRS also asks the taxpayers to call the agency toll-free at (800) 829-1040 (individual) or (800) 829-4933 (business) to explain why the direct deposit is being returned.
- This newest scam also serves as a reminder to taxpayers that they should be alert to any unusual activity such as receiving a tax transcript or tax refund they did not request. Please review the Taxpayer Guide to Identity Theft.
ALERT: Equifax Data Breach (09.07.17)
- Equifax announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017. The information accessed primarily includes names, Social Security numbers, birth dates, addresses and driver’s license numbers. In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed.
- Equifax has a dedicated website that can help determine if you have been impacted as well as info about how to enroll in complimentary credit file monitoring and identity theft protection: www.equifaxsecurity2017.com
- PLEASE NOTE: Members should be prepared to answer additional security questions when contacting the credit union. The security of your account(s) is of the utmost importance to us.
- For more information about protecting your info and steps you can take, check out USACU's blog.
ALERT: IRS Tax Scams (01.10.2017)
- We have received reports of some members being targeted. Callers claim to be employees of the IRS, but are not. They may know a lot about their targets, and they usually alter the caller ID to make it look like the IRS is calling. Victims are told they owe money to the IRS and it must be paid promptly through a pre-loaded debit card or wire transfer. If the victim refuses to cooperate, they are then threatened with arrest, deportation or suspension of a business or driver’s license. In many cases, the caller becomes hostile and insulting. Or, victims may be told they have a refund due to try to trick them into sharing private information. If the phone isn't answered, the scammers often leave an “urgent” callback request.
- Be extremely critical of phone calls AND emails from someone claiming to be an employee of the IRS or state tax authority, especially those that demand immediate payment. Note that the IRS will never call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer.
ALERT: Yahoo Email Hack (12.20.2016)
- Yahoo recently announced that 1 billion of their accounts were breached - the largest hack ever. These accounts can now be sold by internet criminals to use hacked personal information in a variety of negative ways.
- It is recommended that you change your Yahoo password immediately to secure your personal information. If you used that same password on any other accounts (including your USACU Online Banking account) change your passwords and security questions there too.
Some commonly used fraud terms:
The theft of debit or credit card information usually done with fraudulent card readers.
When a fraudster pretends to be a legitimate business or person and uses email or fake websites to steal your information.
When a fraudster poses to be someone else over the phone to try to steal your information.
Receiving unauthorized text messages to try to steal personal information.
- Identity Theft
The stealing of personal data to commit fraud or deception.