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4 Smart Tips to Help Protect Yourself from Fraud

Whether you’re a college student just opening your first account or a retiree managing your savings, fraud can strike anyone. While scams and cyberattacks are becoming more sophisticated, the good news is that a few smart habits can go a long way in protecting your money and personal information. 

Here are four simple but powerful ways to stay ahead of fraudsters:

1. Strengthen Your Passwords
Your passwords are the first line of defense against cybercrime and weak ones make it easy for fraudsters to gain access.
 
How to protect yourself:
  • Use strong, unique passwords that include a mix of letters, numbers, and special characters.
  • Avoid using the same password across multiple accounts.
  • Enable two-factor authentication whenever possible for added security.
  • Consider using a password manager to securely store and organize your credentials.
 
2. Be Cautious of Unsolicited Calls, Text, or Emails
Fraudsters often impersonate trusted institutions to trick you into revealing sensitive information.
 
Red flags to watch out for:
  • Messages claiming your account is “locked” or “compromised.”
  • Emails or texts with urgent demands and suspicious links.
  • Calls from unknown numbers asking for personal or financial details.

3. Monitor Your Accounts Regularly 
When you keep a close eye on your accounts, fraud becomes much easier to catch and stop.
 
Best practices:
•    Set up real-time alerts through your online or mobile banking app.
•    Review your accounts often for unusual charges.
•    Check your credit report and credit score regularly for unexpected changes.
 
4. Keep Your Contact Information Up to Date
If suspicious activity is detected, you will need to be reached quickly. Outdated contact details could delay fraud alerts and resolution. 

Make sure we have your:
  • Current mobile number (for real-time alerts)
  • Active email address you check regularly
  • Updated mailing address for official notices and account documents

You can update your information easily through Sunmark Online Banking, by visiting your nearest Sunmark financial center, or by calling our Member Solutions team at 866-SUNMARK

While no one is immune to fraud, staying informed and proactive is your best defense. By following these tips and taking quick action when something seems suspicious, you can significantly reduce your risk.
 

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