This isn’t the type of letter we like to write you. Our brief note today will not center around anything of stock market or economic interest. Mr. Market dupes people with his manic, unpredictable, and volatile ways but one thing that we can guard ourselves from is the ever growing threat of phishing.
What exactly is “phishing”?
Phishing is when fraudsters send fake emails and texts appearing to be from a trustworthy source, hoping that you will click on a link or download an attachment. Their goal is to trick you into inputting and capturing your sensitive information. You may already be up to snuff on the following tips but they are worth repeating since fraudsters are becoming more and more sophisticated:
We normally pen all of our articles (letters) to you but in this case the work was already done. This one has nothing to do with the stock market or economy but everything to do with your hard earned money being threatened by another scam.
Scams are nothing new but they sure seem to be getting more prevalent and slicker by the day. As you’ll note from the chart below the number of scams are predominantly centered around Social Security and that trend is on the rise.
Click here to read an article written by Michelle Singletary in the Washington Post. In the timely article she includes a helpful list and some links that serve as critical reminders of what to be aware of out there.