Online shopping has become the norm and cybercriminals are taking to the internet to capitalize on this increase in online shopping. Online consumer scams, ACH fraud, card-not-present fraud, new account and loan fraud, and payment app fraud (i.e. Venmo, Zelle, and PayPal Direct) are among the fraud attacks that will be on the rise during this year’s holiday season.
Credit Union of Texas is taking measures to ensure the safety of all member accounts including providing tips on how to make sure you do what you can to avoid fraud.