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Cyber Security Awareness – Knowing the Risks Can Help Keep You Protected

| September 06, 2016
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At Tompkins Financial Advisors, we take our commitment to helping you preserve and grow your wealth very seriously. In an effort to help protect you as you access important personal information online, our information security team has identified two new Social Security scams we’d like to make you aware of.

In the first scam, you receive an official-looking email from the Social Security Administration, with an invitation to create an account so you can receive your benefits. You land on a webpage where the scammers hope you will fill out all your confidential information. Please don’t fall for it! Never click on links in any of these emails. If you want to sign up for a My Social Security Account, go directly to the official site at https://ssa.gov/myaccount/

The second scam is where hackers actually create an account for someone, and redirect the payments to a bank account controlled by them, not the victim. To prevent this from happening, create your own MySSA account with a strong username and password. This is similar to filing your tax return early, before the scammers have an opportunity to file a bogus return and potentially steal your refund. A further recommendation: when you create your MySSA account, go to the settings and choose the option that “any changes to the bank account into which your check is electronically deposited only be done physically at a Social Security branch office and not using your online account.”

 

 

 

DISCLOSURES:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. We suggest that you discuss your specific situation with a qualified tax or legal advisor. Please consult Tompkins Financial Advisors if you have any questions. 

Investment Services provided through Tompkins Wealth Advisors. Trust and Estate Services provided through Tompkins Trust Company.

Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. LPL Financial is a separate entity from Tompkins Financial
Advisors. The investment products sold through LPL Financial are not insured Tompkins Trust Company deposits and are not FDIC insured. These products are not obligations of Tompkins Trust Company and are not endorsed, recommended or guaranteed by
Tompkins Trust Company or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible. Tompkins Financial Corporation and Tompkins Wealth Advisors are not registered
broker/dealers and are not affiliated with LPL Financial.

For informational purposes only. Please consult your tax advisor for specific advice pertaining to your individual situation. Investments are not FDIC insured, not deposits or obligations of the bank or its affiliates, not guaranteed by the bank or its affiliates, and subject to investment risk, including possible loss of principal.

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