Aggressive phone calls by criminals pretending to be IRS agents are a common tax scam. They will often pretend to verify your tax information over the phone to glean more personal information about you, which they will then use against you.
Cyber criminals have a powerful arsenal of tools they can use to attack your identity and financial data. There are traditional email hacks and computer viruses, but increasingly, cybercriminals are targeting investors and attempting to exploit their relationship with their financial advisors.
Imagine your social security number is sitting somewhere in a government or retail database, and that database gets hacked. Your personal information is sold on the black market to a cyber criminal, who opens up a credit card in your name, racks up a significant amount of debt and ruins your credit.
Featured Posts from Glassman Wealth
A client recently approached us after being hacked. Her personal information was accessed through a corporate data breach, and someone logged into her bank account and requested $19,000 to be sent to a third party. This type of attack can happen to any of us. While it’s impossible to guard against every type of cyber…Read More
What Is Tax-Related Identity Theft? Tax-related identity theft occurs when someone uses your personal information such as your Social Security number to file early in the tax season in the hopes of receiving a fraudulent refund. Often times, you will be unaware this has occurred until you file your tax return. The IRS will alert…Read More
It seems like every time you watch the news, you hear of another online security breach that affects millions of people. Recent breaches including Target and a few other major stores, illustrate the importance of online security, something many people still overlook. It’s hard to get away from using the Internet for everything from shopping…Read More
Password managers are a great way to improve how you protect your personal information online. Since most of what we do is online nowadays, we essentially have an online account for everything – bank accounts, investment accounts, shopping accounts, email and the list goes on. Much of this information is private so it’s vital that…Read More
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You relationship with your financial advisor is based on transparency and trust. And that starts with how we store and protect your financial information. What is your advisor doing?