ID Theft and Social Security Numbers: Protect Your Bank Account

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In my opinion, I think banks do not do enough to protect our accounts. We are not sure whether, they just don't have the technology to prevent the activity or that they are not sure how to do it or they just do not care. Ultimately, the bottom line is,  it is the responsibility of the public to do all we can to protect ourselves and our bank accounts. I agree that we do get reimbursed if we are defrauded through no fault of ours, but, we all pay for it at the back end. Banks do not loose money.

They will recover the losses no matter what,  by all means necessary. Again, banks do not loose. I know because I was a banker for over 20 years.  It could be through exorbitant fees paid for bank services they offer us, or increases in interest rates for loans, credit cards, lines of credits etc. So, let's save our selves the frustration and stop helping the banks make huge profits on our backs. Unfortunately, having a bank account is a necessary evil because at times we do need it to conduct business. Let's protect it. No one can protect You but You.

ID Theft and Social Security Numbers: Protect Your Bank Account

FRAUD IS A VIOLENT CRIME - PREVENT IT