Protect financial accounts from "cyberthieves"

Submitted by Edward JonesPrint Story | Email Story
Cybercrime is booming. In 2021, the FBI reported that cybercriminals scammed nearly $7 billion from Americans — a figure slightly higher than the gross domestic product (GDP) of Switzerland for that year, according to research organization World Economics. How can you protect yourself from cyberthieves?
 
Here are some suggestions that can help:
 
  • Watch out for "phishing" attempts. You may receive emails that appear to be from a legitimate firm, requesting information your financial institution would never request online — confirmation of an account number, password, Social Security number, credit card number and so on. These notes can look official, often incorporating a firm's logo, so pay close attention to what's being asked of you.
  • Think twice before clicking or downloading. If you are suspicious about a communication, don't click on a link or download an attachment — instead, go to your financial firm's website or use their app to verify they sent the information or request.
  • Become adept with passwords. Use a different password for each of your accounts and change your passwords regularly. Of course, maintaining multiple passwords can be confusing, so you might want to consider using password management software, which generates passwords, stores them in an encrypted database and locks them behind a master password — which is the only one you'll need to remember.
  • Use your own devices. Try to avoid using public computers or devices that aren't yours to access your financial accounts. If you do use another computer, clear your browsing history after you log out of your account.
  • Be cautious about using Wi-Fi when traveling. When you're on the road, you may want to use public hotspots, such as wireless networks in airports and hotels. But many people don't realize that these hotspots reduce their security settings to make access easier, which, in turn, makes it easier for cyberthieves to intercept your information. In fact, some hackers even build their own public hotspots to draw in internet-seekers in an effort to commit theft. So, if at all possible, wait until you can access a trusted, encrypted network before engaging in any communications or activity involving your financial accounts.
  • Don't give up control of your computer. Under no circumstances should you provide remote access to your computer to a stranger who contacts you, possibly with an offer to help "disinfect" your computer. If you do think your device has an issue with malicious software, contact a legitimate technician for assistance.
  • Know whom you're calling for help. If you need assistance from, say, a customer service area of a financial institution, make sure you know the phone number is accurate and legitimate — possibly one from a billing or confirmation statement. Some people have been scammed by Googling "support" numbers that belonged to fraudsters who asked for sensitive information.
  • Review all correspondence with your financial services provider. Keep a close eye on your account activity and statements. If you see mistakes or unauthorized activity in your account, contact your financial institution immediately.
Advanced technology has brought many benefits, but also many more opportunities for financial crimes. By taking the above steps, and others that may be needed, you can go a long way toward defending yourself against persistent and clever cyberthieves.
 
This article was written by Edward Jones for use by your local Edward Jones financial advisor. Courtesy of Rob Adams, 71 Main Street, North Adams, MA 01247, 413-664-9253.. Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation. For more information, see This article was written by Edward Jones for use by your local Edward Jones financial advisor. Courtesy of Rob Adams, 71 Main Street, North Adams, MA 01247, 413-664-9253.. Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation. For more information go to www.edwardjones.com/rob-adams.
If you would like to contribute information on this article, contact us at info@iberkshires.com.

North Adams Airport Hires New Manager

By Jack GuerinoiBerkshires Staff

NORTH ADAMS, Mass. — The Airport Commission unanimously voted this week to hire Skyler Friedman as the new airport manager.

The vote came after a brief interview Tuesday. Although two candidates were scheduled to be interviewed, only Friedman was in attendance.

In total, there were four resumes that a subcommittee knocked down to two finalists.

"All were qualified," Commissioner William Hooper said. "One was less qualified, two were equally qualified, and one was a step above. The two you have this evening were the two determined to be the most qualified."

The commission planned on interviewing both candidates, but only interviewed Friedman. Although the second candidate indicated she would be present remotely for the interview, she never called in.

Friedman was the manager from June until September through the city's contract with Hewison Aviation, a New York-based flight school operating in North Adams. The company provided management services to the city but decided to end this arrangement in the fall.

The commission faced losing Friedman as manager and urged him to apply when they advertised the position.

Friedman spoke about communication, noting he suspected it would be easier as an employee of the city. He also spoke about larger projects at the airport he would like to follow through on, including the creation of a flying club. He said he wants more people at the airport and interested in aviation.

He was asked if he planned to leave the position in the near future for other opportunities.

"I would not be here now if that were my goal," he answered.

He added that the area does not have a Certified Flight Instructor (CFI), a position he hopes to fill. He said he hopes to "merge his interests" as the manager and a CFI, eventually relocating permanently to North Adams instead of commuting from Albany.

Otherwise, he said there will be no disruptions, as he has already done the job. Instead of learning a new position, he said he is ready to tackle projects he had to step away from when the contract ran out.

"The past five months have been that process, and I will pick up where I left off," he said. "I stumbled upon things in the interim, and there will be no transition."

In other business, the Airport Commission saw another response to the proposed restaurant RFP. Only one organization responded: East Fork Bread.

Although there was some back-and-forth between the RFP subcommittee and the bread makers, the subcommittee ultimately could not recommend their proposal as it did not fit their requirements.

View Full Story

More North Adams Stories