Fraud. It’s the car in the blind spot that comes out of nowhere. We tend to not worry about it until it actually happens to us, but with a retroactive approach, the damage is already done. Instead, businesses and consumers should be on the offensive—taking extra precautions to keep accounts safe, particularly during the hectic holiday season where you spend more and probably check your account less.
Here are four tips to protect against fraud:
1. Review Account Activity Daily - Monitor your financial accounts regularly online for fraudulent transactions. Sign up for text or email alerts from Busey for certain types of transactions.
2. Keep Authorized Signer Information Current - If fraudulent activity is suspected, Busey will immediately freeze the account and notify you. When this happens, it’s important we have your current address and contact information. Commit to keep this up to date at all times.
3. Reset Online Banking Passwords - Odds are that your account passwords haven’t been updated recently. Change it up this season and create a login credential that’s lengthy, uses special characters and doesn’t contain any real words, names or significant dates.
4. Document Security Procedures - Busey takes protecting our customer information very seriously. We continually evaluate security procedures. Use our Information Security Center on busey.com as an additional resource to keep you informed of security issues, scams or alerts.
At Busey, we ensure our customers have the information needed to stay safe—without any unwanted surprises. If you have questions, please contact your nearest Busey location, or report suspicious activity immediately at 1.800.67 l Busey.