With the growing threat of cybercrime, the likelihood of a data breach leaking your personal information is constantly increasing. In a data breach, criminals hack into a company’s system to steal consumers’ personal data.
Unfortunately, there’s not much you can do to prevent this type of theft. However, the good news is that with these tips, you’ll be empowered to respond quickly.
- Act fast to prevent thieves from stealing more than just your personal information.
- Carefully read the breach notice from the company and take the action steps outlined in the letter.
- Immediately change your passwords. (Hint: use hard-to-guess combinations with symbols and capitalization.)
- Set up two-factor authentication (2FA) to add an extra layer of security. 2FA requires a one-time code sent to your phone to complete the login process.
- Monitor your bank accounts for any fraudulent transactions.
- Turn on transaction alerts: These alerts signal both routine activities (a new statement, automatic bills paid) and not-so-routine activities (potential fraud, low balances).
- Check your credit reports. Learn more about Annual Credit Reports and safely check yours here without a fee.
- Consider Identity Theft Protection. IDProtect®, Identity Theft Monitoring & Resolution Service, is available with Power Checking and Signature Checking for no charge.
- Report Suspicious Activity: If you ever suspect any fraudulent activity or come across a potential scam, please contact us immediately or visit your nearest F&M Bank office. We’re here to support you.
- Report fraud to the Federal Trade Commission.
Thank you for educating yourself on cybersecurity. F&M Bank is committed to your financial well-being. That’s why we invest in innovative technology and leading-edge security. Together, we can keep your finances safe.