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Scary Scams to Avoid

Posted On: October 24, 2023 by Home State Bank in: General

The rise in technological advances have unfortunately also brought on the rise of scams. While scams are not new by any means, the ways in which scammers can attempt to compromise your assets or identity have grown significantly with the use of technology.

Here are some common scams to look out for and ways to avoid them.

Social Media

From Marketplace to messenger and even new friend requests, social media allows scammers to learn enough about...

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Tags: fraud, fraud prevention, Fraud Protection, online scams, scams

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Identifying AI Scams

Posted On: June 13, 2023 by Home State Bank in: General

Hello, it's ME?

AI can and is being used to increase the efficiency of security measures; however, it is also being used to create harmful, targeted, and more sophisticated cyber threats. AI threats are not just behind screens; they are in your ear. Malicious actors are utilizing not only SPAM emails and other digital attacks but also spoofing customers' voices to gather personal information and approve the transfer of funds.[1]

Joana Stern of The Wall Street Journal...

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Tags: AI Scams, artificial intelligence, banking, personal banking, scams