What is Multi-factor Authentication (MFA) or Two-Factor Authentication (2FA)?

February 8, 2021

What is Mutli-factor Authentication (MFA)*? MFA is quite simple, and organizations are focusing more than ever on creating a smooth user experience. In fact, you probably already use it in some form. For example, you’ve used MFA if you’ve: swiped your bank card at the ATM and then entered your PIN (personal ID number). logged […]

Scam “US Trading Commission” website is not the FTC

January 25, 2021

It’s often said that imitation is the sincerest form of flattery, but we are not flattered at all by a scam website designed to look like a Federal Trade Commission site and steal your money*.   The imposter calls itself the US Trading Commission and uses the FTC’s seal and address. It claims it operates […]

Why you should NEVER share SAC Codes, PINs and Online Banking Credentials

January 5, 2021

NEVER SHARE BANKING CREDNTIALS One of the most frequent scenarios we hear in our Risk Management Department is account fraud when members share their personal banking information. Whether a friend, family member or stranger…this information should NEVER be shared! This includes: Online/mobile banking login information and passwords Online/mobile banking Secure Access Codes (SAC) FMFCU Debit/Credit […]

Watch out for fake shipping notices from UPS or FedEx

December 10, 2020

Fraudsters are sending emails and text messages that’s supposedly from UPS or FedEx, complete with one of their logos — and it seems legit*. It says your item is ready to ship but you need to update your shipping preferences. But here’s the lump of coal: the message is bogus and there is no package. […]

Card Cracking Defined

December 10, 2020

The scam is called card cracking* and it may start off innocently enough. You see a post on a social media site announcing a contest. Or maybe a webpage that claims to have a celebrity affiliation is offering a gift card giveaway. The variations are endless, but here’s the tip-off that fraud is afoot. At […]

Vaccines are coming. Here’s how to avoid the coming scams.

December 8, 2020

While we wait for a vaccine timeline and more information, there’s no doubt scammers will be scheming. Here’s what you need to know to avoid a vaccine-related scam*: You likely will not need to pay anything out of pocket to get the vaccine during this public health emergency. You can’t pay to put your name […]