Serious as a Heart Attack

For those who have experienced a real heart attack or that of a loved one, please forgive the expression. Today’s message is nearly as sobering and meant to encourage action to take even a small amount of time considering the serious matter: for individuals and families, risks of a cyber hack and identity theft are real and present.

Admittedly, almost no one wants to talk about these topics. But even a brief discussion can be eye-opening and attempt to minimize (but not 100% eliminate) risks. The best warnings and presentations – truly the best and most accurate – unfortunately and appropriately leave attendees scared, stunned or both but at least better informed.

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Fraud is Trending

If you clicked on and are reading this edition of TGIF 2 Minutes, give yourself credit for being smart! Awareness of the following is of paramount importance.

Fraudsters are targeting high-net-worth people and non-profit organization accounts.

A “fraud trend” (yes, there is such a thing) currently taking place is with bad actors using social engineering tactics to collect personal information and then using that information to open new credit card, investment, and bank accounts in a person or organization’s name. The fraudster then attempts to use these new, false accounts to take over high net worth people’s existing accounts and withdraw those accounts’ funds.

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