Identity Theft

Survey Says: People Trust Their Banks on Fraud. Here’s Why You Still Need to Be Proactive. Recent surveys from the banking industry paint an encouraging picture of consumer confidence. According to a National Survey released in April 2025 by the American Bankers Association (ABA), U.S. consumers report being happy with their banks and specifically “applaud banks’ fraud protection efforts.” This sentiment is echoed in the Fall 2025 Morning Consult Survey Results on consumer satisfaction, which indicate high marks for banking services, including security measures. ...

How to Spot and Stop the Latest Scams: A Guide from the FTC Every year, scammers refine their tactics, creating new schemes and repackaging old ones to catch people off guard. During this year’s National Consumer Protection Week, the Federal Trade Commission (FTC) hosted a webinar to spotlight the most current and pressing fraud trends targeting consumers today. This update isn’t just bureaucratic news; it’s a crucial heads-up on what traps to avoid right now. By understanding how these scams work, you can better protect your finances and personal information. ...

Beyond Satisfaction: What the 2025 Banking Survey Really Means for Your Security A recent survey commissioned by the American Bankers Association (ABA) found something noteworthy: a strong majority of U.S. consumers report being satisfied with their bank’s efforts to prevent fraud. This data, collected by Morning Consult in the fall of 2025, indicates a significant level of trust in the financial industry’s security measures. While this is encouraging news, it’s not a reason for complacency. The fight against fraud is a partnership. Understanding what banks are doing—and what you must do alongside them—is the key to truly protecting your money and identity. ...

Survey Shows We Trust Banks with Fraud. Here’s How to Make That Trust Pay Off A recent national survey offers some reassuring news for anyone who banks online. According to the Fall 2025 Morning Consult survey commissioned by the American Bankers Association, U.S. consumers are broadly happy with their banks and specifically applaud their fraud protection efforts. In an era of constant headlines about scams and data breaches, it’s a significant vote of confidence in the security measures financial institutions have put in place. ...

The Insider Threat: When Bank Employees Become Partners in Crime In the digital age, we’re often warned about shadowy hackers in far-off countries. But what happens when the threat comes from inside the very institutions we trust to guard our money? A recent police case in India has highlighted a disturbing trend: bank officials actively helping criminals launder stolen funds. For the average consumer, this isn’t just a news headline—it’s a wake-up call to understand how these schemes work and how to better protect yourself. ...

When Bankers Become the Problem: The Insider Threat Behind Mule Account Fraud A recent case in Hyderabad shows how trust in financial institutions can be exploited from within, and what you need to watch for. ...

What the FTC Wants You to Know About Today’s Top Scams Keeping up with the latest scams can feel like a full-time job. Scammers constantly refine their tactics, exploiting new technologies and current events to catch people off guard. That’s why the information shared during the Federal Trade Commission’s (FTC) recent National Consumer Protection Week webinar is so critical. The session provided a timely update on the frauds that are currently working, and more importantly, how you can stop them from working on you. ...

National Consumer Protection Week 2026: Your Guide to Fighting Fraud Every year, the Federal Trade Commission (FTC) leads National Consumer Protection Week (NCPW) to provide practical advice on how you can outsmart scammers and protect your money and personal information. While the exact details of the 2026 campaign will be outlined by the FTC in March, the core mission remains constant: empowering you with the knowledge to spot fraud and take action. The weeks leading up to NCPW are a perfect time to revisit your defenses. ...

The “Pig Butchering” Scam: How Fraudsters Fatten Victims Before the Slaughter In a recent official warning, New York Attorney General Letitia James alerted the public to a sophisticated and devastating financial fraud known as “pig butchering.” This isn’t a minor swindle; it’s a long-term con that blends emotional manipulation with complex financial deception, leaving victims emotionally devastated and financially ruined. Understanding how it works is your first and best defense. ...

Don’t Get Tricked: Key Takeaways from the FTC’s Latest Scam Report Staying ahead of scammers is a constant challenge, as their tactics shift and evolve with technology and current events. To help the public stay protected, the Federal Trade Commission (FTC) recently held a webinar during National Consumer Protection Week, shedding light on the most prevalent frauds circulating today. For anyone who banks, shops, or communicates online, understanding these trends is the first step toward building a strong defense. ...