Equifax Data Breach 2017
On September 7, 2017, Equifax announced a cybersecurity incident impacting more than 140 million U.S. consumers. To learn more about the Equifax data breach, visit equifaxsecurity2017.com.
Identity theft and financial fraud are on the rise. In fact, a record 15.4 million Americans were affected by financial fraud in 2016 (up 16% from 2015).°
At Heritage Credit Union, we put your financial security first, offering you free resources to help prevent fraud on your accounts, plus advice on what to do if you're a victim of financial fraud.
Tips to monitor and prevent identity theft and financial fraud
Turn your debit card off when not in use
Our online and mobile banking feature, Debit On/Off, allows you to switch your Visa® debit card on or off to help protect your account. To take extra precaution, we recommend leaving your card off while not in use. You can simply turn your card back on using your mobile device whenever needed. Debit On/Off is available on all qualifying checking accounts.
Set up online banking alerts
Online banking Alerts allow you to set up notifications for a variety of account activities including transfers, deposits, withdrawals and more. It's a great tool to monitor and detect any suspicious activity with your Heritage accounts.
Create strong online passwords
Creating a strong password is one of the most important things you can do to keep your online accounts safe and secure. Here are a few tips on how to create a strong password, according to Google.
- Use a unique password for each of your important accounts
- Use a mix of letters, numbers and symbols in your password
- Don't use personal information or common words as a password
What to do if you're a victim of financial fraud
Consider a credit freeze
Putting a security freeze on your credit report can prevent identity thieves from opening accounts in your name; however, it will also prevent lenders and others from accessing your credit report, which will prevent them from extending credit.
Report fraud to the authorities
Contact government agencies, like the Federal Trade Commission (FTC), as well as your lending partner and/or financial institutions to report any fraudulent activity you've come across.
Don't forget to follow up with the companies and agencies you contacted to review the results of their investigations.
Continue to review your credit report
For ongoing protection, periodically review your credit report.