Smart Solutions issue 2 | Page 14

Phishing, Smishing, and Vishing – Is Your School at Risk? With smart phone and tablet use on the rise, so are fraud scams! Phishing occurs when perpetrators try to trick somebody into providing personal bank or creditcard information by sending a fraudulent e-mail purporting to be from a bank or Internet provider. The Internet Crime Complaint Center, a partnership between the National White Collar Crime Center and the FBI, is a repository used by law enforcement officials to manage fraud complaints. An article published on CreditCard.com in May states that from August 2014 to April 2015, the repository received 7,891 complaints tied to phishing, smishing, or vishing scams. Phishing occurs when perpetrators try to trick somebody into providing personal bank or credit-card information by sending a fraudulent e-mail purporting to be from a bank or Internet provider. New variations of phishing are Smishing and Vishing where fraudsters send SMS text messages (smishing) and voice messages (vishing) to consumer mobile phones. Messages are designed to elicit personal and financial information from victims to gain access to their identity, bank accounts and credit cards. 14 Protect yourself and your school community with these tips for staying safe: • Don’t automatically assume that a text or voice message is legitimate. • Ignore text messages or automated voice messages from people you don’t recognize. • You may be asked to enter a code to confirm that an attempted charge is not fraud, but you should never be asked to submit or verify personal information via text. • Report any smishing and vishing scams. Keep any fraudulent messages you receive so you can document the case to your local police, your financial institution, and to the FBI. Are You Ready? Change is coming to the payment card industry. A major change occurring in the realm of payment transactions in the United States is the transition from mag strip to EMV cards. Current cards have magnetic stripes on the back of the card. The new EMV cards are embedde