Money Matters Spring 2020

Visa ® Online Checkout Has Evolved Now you can click, pay and be on your way even faster with Visa Secure Remote Commerce (SRC) and your JHFCU Visa debit or credit card. • Easy – You no longer have to enter 16-digit primary account numbers, look up passwords, or fill out long forms to make a purchase. • Smart – You’ll enjoy the same time-saving digital checkout everywhere you see this icon. • Secure – You can feel confident knowing that Visa uses advanced technologies and multiple layers of payment security to help protect your card against unauthorized use. Where and how to use: • Directly through the online Visa enrollment page at secure. checkout.visa.com • During online checkout at merchants that accept Visa and display the payment icon. • By enabling Visa cards through participating issuer’s websites or applications Note: Existing Visa Checkout users will have access to the Visa cards already stored. The EMV SRC payment icon, consisting of a pentagon design oriented on its side with a stylized depiction of a fast forward symbol on the right, formed by a continuous line, is a trademark owned by and used with permission of EMVCo, LLC. EMV is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC. 5 MONEY MATTERS | Spring 2020 Online and Card Security Scammers, hackers and identity thieves are looking to steal your personal information—and your money. It is getting harder for you to keep your information protected and getting easier to fall for scams. Security is becoming a worldwide issue and we are aiming to protect our readers by sharing these valuable tips on how to protect yourself. Remember when you were little and your loved ones taught you not to talk to strangers and to always lock your doors? Those tips have stuck with you for a lifetime. Cyber security is just as important as locking your doors at night. We want to give you the necessary tools to outsmart today’s scammers—and they’re just as easy to remember. • Always use complex passwords. Creating a phrase you will remember is more secure for your accounts. • Don’t respond to emails that you believe may be a “phishing” attempt or open any suspicious attachments. • Don’t include any personal information in emails, unsecure electronic communication, or on social media. • Download anti-virus software. Many reputable companies offer this for free. • Consider using two-factor authentication when logging in to various sites. • Back up your files on an external hard drive or in the cloud. In case of malware, your files will already be secure. • Only enter payment information on sites that are encrypted. The “s” in “https://” means secure. • Don’t be influenced or manipulated. Social engineering is the most common way scammers and hackers access your information. Scammers and hackers love to play “dress-up” and pretend that they are someone you should trust. A common scam happening right now is where the fraudster pretends to be from your financial institution’s fraud department. They will attempt to gain secure account information, such as card verification value (CVV) number, date of birth, or card personal identification number (PIN), and steal your funds. Combat these scammers with these tips: • Check your accounts regularly to confirm all of your transactions and report suspicious activity and fraud immediately. • Don’t give out secure information. When in doubt, hang up and call the published business phone number. • Always use all protection methods offered to you: EMV chip card, two- factor authentication, immediate transaction alerts (Visa Purchase alerts), a mobile wallet, etc. • Don’t send gift cards as payment or to make donations. Scammers will ask for gift cards because they are easily untraceable and funds are available immediately. • Don’t cash checks for strangers or return funds for overpayment. Scammers will send fraudulent checks and request that you return a portion of the check to them. Many times, you have access to the funds immediately but then the check can still be returned unpaid. • Always be vigilant when using ATMs or any other card swiping devices and check for skimming devices. • Be cautious when using public Wi-Fi , especially if you are conducting financial transactions.