Protect yourself from fraud: Online scams happen every day, and we are committed to alerting you to potential risks. Please call us at 1.888.637.3343 if you need assistance or have questions.
- Someone posing as a friend or romantic interest on social media (Facebook, Twitter, etc.) asks you to open an account in exchange for gifts or money — for example, promising to let you keep a portion of any funds they deposit in your account.
- Someone says he or she is a hiring manager who will give you a job in return for opening an account.
is the act of sending an email that fraudulently represents a
legitimate company and "lures" you into divulging personal
information that could be used for identity theft.
Review a phishing example.
- Spyware is remotely installed through pop-ups and
viruses and can track your online activity. Criminals can use this
information to gain specific information about your online
- Key-logging software is remotely installed
on any computer you're using and tracks which keys you type (e.g.,
typing a password into a password field). That information can be
used to access your financial accounts or personal emails.
- Your wallet is lost/stolen
- Someone steals your incoming and outgoing mail from
- Someone rummages through your garbage for credit card offers and personal documents
- Theft in the home, usually by someone who has access to your home when you're not there
- Someone lurking over you at the ATM to see your PIN code
- Someone calls and tries a tactic to lure personal information
out of you. Sometimes they pretend to represent a company you
legitimately do business with:
"There is a problem with your account. You must confirm your name, account number and password or we will be forced to close your account today."
- "Friendly" example:
"You have just won a $100 gift certificate. Please provide us with your name, address and Social Security number and we will overnight mail it to you."
- Thieves buy data from data brokers in an underground market
- Inside sources steal information from personnel files, payroll records
- Data recorders skim your credit card when
you swipe it (ATMs, retail counters) and records the number so it
can be duplicated even though you still hold the original
If you need to report identity theft or fraud, or if you have questions, please call us at 1.800.MERRILL (637.7455), or contact your financial advisor.