Remove Authentication Remove Banking Remove Consumer Protection Remove Passwords
article thumbnail

The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

Scams 355
article thumbnail

Credit Card Fraud VS. Debit Card Fraud: Are you Protected?

Identity IQ

Credit Card Fraud VS. Debit Card Fraud: Are you Protected? Consumer protection laws differ in each case and knowing the differences can help to keep your accounts safe from identity theft. While there are protections for both, you can face more liability for fraudulent charges than if you’d used your credit card instead.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

We dig into the Game Players Code

Malwarebytes

Banks are noticing just how much time is spent dealing with gaming theft issues. LLoyds Bank, in response to the never-ending glut of financial gaming fraud, has come up with something called “ Shield against scams ”. A password manager is exactly the kind of solution to this headache. Step up to the plate, Game Players Code.

article thumbnail

Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 for that $1,000.

article thumbnail

Common Holiday Scams and How to Avoid Them

Identity IQ

While these products may look authentic, they are often ploys designed to trick you into revealing your payment information. Never share personal information or banking details with unsolicited callers or emails. Too-good-to-be-true offers: Unrealistically attractive deals are rarely authentic, if ever.

Scams 52