We’ve written before about protecting yourself from financial fraud and encourage you to keep this threat in mind. As technological advances have improved our lives in many ways, an unfortunate side effect is technology’s role in helping cybercriminals construct more sophisticated financial scams.
Recently, some of our clients have experienced more advanced phishing attempts that use the names of their custodians. Phishing is a cybercrime that involves sending fake communications that appear to come from a trusted source to trick people into revealing sensitive information.
While Clifford Swan and third-party providers like Charles Schwab and Fidelity have mechanisms in place to help safeguard your data and accounts, there are practical steps you can take to protect your identity and assets:
- Do not click on links or attachments in emails and text messages if you doubt the authenticity of the sender. Instead, type the web address in your browser.
- Hover your mouse over links to reveal the site’s full URL.
- Check the sender’s domain name in the email address to see if it matches what you would expect to see.
- Call us immediately if you suspect a breach or fraud.
Please talk with us to learn about more prevention strategies. You can also read the article we published this past May on protecting against AI-driven financial fraud.
Download Article: Protect Your Assets from Phishers
The above information is for educational purposes and should not be considered a recommendation or investment advice. Investing in securities can result in loss of capital. Past performance is no guarantee of future performance.
