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Op ED: Fraud Prevention Starts with You, Not Just Your Bank

· Texas Border Business

Michael Scaief, Chairman and CEO of Texas Regional Bank, emphasizes the importance of fraud prevention for both households and businesses. He advises Texans to never share online banking credentials and to be aware of fraud tactics that criminals use to gain access to personal information. Scaief recommends reviewing fraud protection pledges with family or employees and utilizing the bank's fraud resource page. He highlights the need for vigilance, especially when receiving unsolicited communications from anyone claiming to represent the bank. Establishing verification procedures for businesses and ongoing employee training on fraud awareness are also crucial.

AI summary · Source: Texas Border Business

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