#92448-0124 RISING CYBERSECURITY THREATS FEBRUARY 2025 As cybersecurity threats evolve, it is crucial to stay vigilant and aware of the latest threats. Three rising scams are multi-factor authentication (MFA) fraud, tax/IRS schemes, and package delivery fraud. By understanding the tactics used by fraudsters, you can take proactive steps to safeguard your personal and financial information. Multi-factor Authentication Scams MFA is a security feature that provides an extra layer of protection for your online accounts. It requires both your password and a unique, time-sensitive code generated for each login attempt. This helps ensure only authorized users can access your account. In MFA scams, fraudsters may pose as representatives from a trusted organization in an attempt to trick victims into sharing these codes. Remember: Never share your MFA code with anyone, even if they claim to be from a company you trust. Once a scammer has the code, they can gain access to your accounts. Tax and IRS Scams With tax season here, scams involving fake IRS and tax refund claims are on the rise. Scammers may claim you owe back taxes or threaten legal action, demanding immediate payment or personal information. Be wary of aggressive language, threats, or demands for payment, and protect yourself by always verifying claims directly with the IRS or your tax professional. Package Delivery Fraud With the rise of online shopping, fraudsters are using fake package delivery notifications to steal your personal or financial information. These scams often appear as emails or texts claiming a delivery issue that requires immediate action. Avoid clicking on links or providing information through unsolicited messages. Validate the authenticity of such messages through the carrier’s official channels. If you suspect fraud, contact Teachers immediately at 1-800-341-4333. You can also reach us by logging in to Teachers Online Banking and selecting “Chat & Contact Us” in the upper right corner, or emailing us at [email protected]. Never Share Your MFA Code Legitimate organizations will never ask you for your code, and sharing them could compromise your security. Verify Communication If you receive a suspicious text, call, or email claiming to be from a business, avoid responding. Instead, confirm its authenticity by reaching out to the company using the official contact information provided on their website. Avoid Clicking Links Refrain from clicking on links in unsolicited email or text messages, especially those requesting login credentials or personal information. ***** TIPS TO PROTECT YOURSELF Learn More
