Top 3 EPPICard Fraud and How to Protect Yourself
EPPICard is a prepaid debit cards, usually issued under the Visa or even MasterCard brand that is used by an amount of states to send child assistance, unemployment and other benefit money to recipients. The convenience of the is that the funds are automatically packed onto the card, making it easy for receivers to access their funds. All EPPICards are managed by Affiliated Computer Services (ACS), which is possessed by Xerox but each condition contracts with a bank to problem their own card. Recently, EPPICard slots have been targets of fraud, compelling several states to issue scams alerts to their card slots. However, the issue persists and the particular scams continue to grow within complexity. Here are the top 3:
1. Phishing Emails
Phishing emails include receiving an email requesting that they login their account and verify the particular account status. Usually, there is a hyperlink in the email that you are asked to click to verify your account details. Once you click on the link, it requires you to a phony web site where your account information is after that illegally captured while you attempt to log into your EPPICard account.
To avoid this scam, do not react to suspicious emails that ask for that you verify your account information. If the email appears to be genuine, call your EPPICard Customer Service to confirm before clicking on any kind of link to verify your account standing.
2. Fraudulent Charges on Card
This type of fraud happens when thieves get yourself a person’s EPPICard information and starts to spend the funds around the card. In most cases, the entire stability on the EPPICard is spent prior to the card holder becomes aware of the matter. A recent example is documented from the New Jersey Star-Ledger where a Newark, NJ card holder’s account information has been illegally obtained and used to purchase items at Staples within Washington DC totaling $600. The card holder found out about the unlawful transactions when her card has been denied when she attempted to make a purchase. That prompted her to check her card transactions, which usually led her to discover the deceptive purchases. These types of fraud are usually hard to fight, even if the cards holder can prove they did not utilize the card. It is therefore essential to secure your EPPICard details.
To prevent this type of fraud, usually do not log into your EPPICard account through public computer stations, such as your local library and internet cafes. Also, be cautious when using free public Wifi to access your account information. In add-on, keep an eye on your EPPICard transactions and practice sound financial records fingertips, including shredding your statements and other sensitive financial documents instead of throwing them away in the garbage.
3. Text Message Fraud
Text information fraud is the newest form of EPPICard fraud, where cardholders that have subscribed to balance alerts via their cell phones receive text messages believed to end up being from EPPICard luring them to giving up sensitive personal information, which is after that later used to either reduce the funds from their account or even in case of social security and time of birth information – utilized to perpetrate identity theft.
To avoid this type of fraud, always be cautious when you receive any communication, whether or not via text, email, or telephone requesting you to verify accounts status or provide sensitive details to confirm an account status. The best way to handle these kinds of demands is to call the official customer support number for the card issuer – in this instance, you will call your EPPICard Customer Service, and verify whether the ask for you received is legitimate. If it is a legitimate request, insist on carrying out the verification with them while you are around the phone. That way, you do not have to click on a link to verify your details, especially if you don’t trust the security of the computer or mobile device.