The Planner's Perspective: Staying Safe On The Phone

By Paul Morrone CFP®, CPA/PFS, MSA

With sophisticated anti-virus software, threat detection mechanisms, spam filters and electronic aids fighting against cyberthreats in real time, many criminals are turning to much older and trusted methods of communication to victimize unsuspecting individuals. On a monthly basis, there are over three billion, yes billion, robocalls dialed, each with the malicious intent of fraud and theft. These range from the falsified IRS scams to calls about lowering your credit card interest rate, many of which initially seem harmless.

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Special Alert! Anthem Blue Cross Blue Shield Data Breach

As you may be aware, the insurance company Anthem Blue Cross Blue Shield suffered a cyber-attack on January 26, 2015. As a result of the breach, personal information about policy holders, current and former employees was compromised. This data includes names, addresses, social security numbers, birth dates and emails among other identifiable information. To date, it has Anthem has confirmed that medical information has not been accessed.

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