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Practices for Preventing Identity Theft

Practices for Preventing Identity Theft

Identity theft is the fraudulent acquisition and use of a person's private identifying information, usually for financial gain. Identity theft can happen to anyone and can take many forms. Fraudsters could open a credit card or utility account in someone else's name or use that information to get a loan, a job, or medical care. They might even file taxes in someone else's name to get a refund.

Here are some leading practices to keep your identity safe:

  • Protect your Social Security number.Fight "phishing" - don't take the bait.
  • Use strong passwords and enable multi-factor authentication.
  • Exercise caution on social media sites.
  • Use security software on your PC and mobile devices.
  • Review your financial and other statements regularly.
  • Regularly inspect your credit report.
  • Stop pre-approved credit offers.

What to do if you are scammed:

  • If you feel an email contains a scam, don't respond. Block the sender.
  • If it's a phone call - hang up!
  • If you provide your personal information (account, date of birth, online banking user ID, password, etc.) contact your financial institution immediately.
  • Verify then trust the source.

Contact SFB Customer Service at 888.254.0615 if you believe your financial information may be compromised, and we will watch for any suspicious activity on your accounts.