Vector Cyber Security Resource Center
Your online security is our top priority. The trust and confidence you place in Vector are of utmost importance to us. As a fiduciary, we are committed to always serving in your best interest which includes taking proactive measures to protect your sensitive data. All of this and more to keep your personal and financial information safe.
Video: Jason Ranallo presents practical tips to improve your cyber security.
Take Action
If you suspect you are a victim of fraud, please contact your advisor & custodian immediately.
Vector Wealth Management
Our Team | 612-378-7560
TD Ameritrade
https://www.tdameritrade.com/security.page
800-669-3900
Charles Schwab
https://www.schwab.com/schwabsafe
888-3-SCHWAB (724 922)
Vector, along with your custodian, strives to provide the highest level of security in safeguarding your personal information. Your custodian provides an additional layer of security through a number of sophisticated features that may include voice recognition, signature matching, verbal passwords, as well as, coordination of third party withdrawals with Vector. Employees who handle your sensitive information are trained in security protocols, including identity verification and maintenance of high privacy standards.
Additional Resources
StaySafeOnline.org
STOP. THINK. CONNECT.™ Cybersecurity educational campaign
Report unauthorized activity to credit bureaus and appropriate government agencies.
FTC identity theft site |
Experian 800-397-3742 | TransUnion 800-680-7289 | Equifax 800-525-6285
FBI Scams and Safety
https://www.fbi.gov/scams-and-safety
FDIC
Consumer Assistance & Information
Resource Website
OnGuardOnline.gov
Focused on online security for kids. It includes a blog on current cyber trends
Fraud, identity theft, and consumer protection Statistics
Based on 3 million reports, the top fraud and identity theft categories as reported by Consumer Sentinel Network Data Book 2018 are;
impostor scams,
debt collection,
and identity theft.
Wire transfers were the most frequently reported payment method for fraud, with a reported aggregate loss of $423 million. Unfortunately, people aged 70 and older reported much higher median losses than any other age group.
Impostor scams include, for example, romance scams, people falsely claiming to be with the government, a relative in distress, a well-known business, or a technical support expert, to get a consumer’s money.
While debt collection fraud reports were down from 2017, the “mortgage foreclosure relief and debt management” fraud category still received 501 reports which resulted in a median individual loss of $1,377.
Credit card fraud tops the list of identity theft reports in 2018 with the FTC receiving more than 167,000 reports from people who said their information was misused on an existing account or to open a new credit card account.
Cyber Security Blog Posts & Articles
Stats & Sources
The FTC takes in reports from consumers about problems they experience in the marketplace. The reports are stored in the Consumer Sentinel Network (Sentinel), a secure online database available only to law enforcement.
In addition to taking consumer reports directly from people who call the FTC’s call center or report online, Sentinel also includes reports filed with other federal, state, local, and international law enforcement agencies, as well as other organizations, like the Better Business Bureau and Publishers Clearing House.
The report “Consumer Sentinel Network Data Book 2018” is available online here:
https://www.ftc.gov/enforcement/consumer-sentinel-network/reports
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