As you might already know, March is fraud prevention month. If your bank is like mine, then you would likely have received at least one email about fraud awareness. And if you’re like me, you’d be inclined to hit “delete” and move on.
But we shouldn’t do that. Online fraud is on an upward trend and we’re constantly being reminded to be careful with passwords, to not open suspicious emails, and to not give out critical information such as PINs or card numbers on the phone. It’s no coincidence that the banks are frequently emailing advice on fraud prevention; they’re concerned, and so should we be.
So, given that March is fraud prevention month, now would be a good time to discuss the topic with staff and to review your password security measures, online banking security, and every other aspect of your fraud prevention program.