Some people choose to stay logged into their Venmo account because it eliminates a step when they want to exchange money with someone quickly and easily. However, this puts your security at risk. Staying logged in will make it easier for someone to hack your account and steal your information. Log out of Venmo whenever […]

Linking your credit card to your Venmo account is safer than linking your debit card because credit cards have more legal protections governing fraud than debit cards. Additionally, when someone steals from your debit account, they are taking money directly from your pocket. However, when someone steals from your credit card, they aren’t taking your […]

If you enable push notifications on your Venmo account, you will be notified whenever there is a transaction. If this is in place, you will be alerted immediately when there is fraudulent activity on your account — even if Venmo doesn’t recognize it as fraud — and you can resolve it right away. To enable […]

Recent events have seen a big rise in the use of online shopping, mobile payments and online banking, it’s more important than ever to keep an eye on your financial accounts for possible fraud. Check your bank and credit card statements regularly to make sure there’s nothing wrong.

If you notice fraudulent activity on your bank account, notify the Federal Trade Commission immediately, then use the report to notify the police. A more comprehensive report will better equip the police to find the person responsible. To begin this process: Navigate to the Federal Trade Commission website. Click on “Get Started” on the home […]

One possible way to decrease the potential damage of an attacker gaining access to your credit card information, is to consider opening a credit card account for online use only. Maintain a minimum credit line on the account to limit the amount of charges a potential attacker can accumulate.