Top 6 Tips Keep You from Identity Theft and Fraud This Holiday Season

The holiday season is a time of giving, joy, and celebration. Unfortunately, it’s also a prime opportunity for fraudsters and identity thieves. At Peoples Bank, your financial security is our top priority, so we’ve compiled some essential tips to help you protect yourself and your loved ones from identity theft and fraud this holiday season.

1. Be Cautious with Online Shopping

Online shopping is convenient, but it’s also a common target for cybercriminals. Follow these tips to stay safe:

• Shop on secure websites: Look for “https://” in the URL and a padlock icon in your browser’s address bar.
• Avoid public Wi-Fi: Public networks are often unsecured, making it easier for hackers to intercept your personal information.
• Use strong passwords: Create unique, complex passwords for your online accounts. Consider using a password manager for added security.
• Beware of phishing scams: Be cautious of emails or texts that claim to be from retailers or delivery services asking for personal information or payment details. Verify the sender before clicking any links.  Many fake emails look like they are coming from shipping companies.

2. Monitor Your Financial Accounts

Monitoring your bank and credit card accounts can help you spot suspicious activity early:

• Set up alerts: Many banks, including Peoples Bank, offer transaction alerts that notify you of purchases or changes to your account.
• Review your statements: Look for unfamiliar transactions and report them immediately.
• Check your credit report: You’re entitled to one free credit report annually from each of the three major credit bureaus. Reviewing your report can help you detect unauthorized accounts or inquiries.

3. Protect Your Personal Information

Your personal information is the key to your identity. Keep it safe with these steps:

• Shred sensitive documents: Properly dispose of old bills, credit card offers, and other documents containing personal information.
• Limit what you share: Avoid oversharing on social media, especially details like your full name, address, or date of birth.
• Secure your devices: Use antivirus software, enable firewalls, and keep your operating systems updated.

4. Stay Vigilant During In-Person Shopping

Fraud doesn’t just happen online. Protect yourself while shopping in stores by:

• Keeping your cards and wallet secure: Avoid leaving your wallet or purse unattended.
• Watching for skimming devices: Inspect card readers at ATMs or gas stations for signs of tampering.
• Avoiding oversharing at checkout: If asked for personal information like your phone number or email, consider whether it’s necessary to provide it.

5. Be Wary of Seasonal Scams

During the holidays, scammers often exploit the spirit of giving:

• Charity scams: Research charities before donating. Use trusted platforms to ensure your contributions go to legitimate causes.
• Fake delivery notifications: Verify any unexpected delivery notices directly with the shipping company.
• Too-good-to-be-true deals: Be cautious of unrealistically low prices or offers that require upfront payment via gift cards or wire transfers.

6. Enable Fraud Protection Services

Peoples Bank offers various fraud protection services to help safeguard your accounts:

• Card controls: Instantly lock or unlock your debit through our mobile app.
• Identity theft protection: Sign up for monitoring and recovery services for added peace of mind.
• 24/7 support: Our team is always here to assist you with any suspicious activity or concerns.

What to Do If You Suspect Fraud

If you believe you’ve fallen victim to identity theft or fraud, take immediate action:

1. Contact Peoples Bank: Report unauthorized transactions or compromised accounts to us right away.
2. File a report: Notify the Federal Trade Commission (FTC) at IdentityTheft.gov and your local law enforcement agency.
3. Place a fraud alert: Contact one of the major credit bureaus (Equifax, Experian, or TransUnion) to add a fraud alert to your credit report.

By staying vigilant and taking proactive steps, you can enjoy a secure and stress-free holiday season. For more information or assistance, visit Peoples Bank or contact our customer support team. Let’s work together to keep your finances safe this holiday season and beyond!