Personal Finance Courses: Consumer Protection against Fraud

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1.
It is safe to use automatic log-in processes on your computer, because the sites that save your account information and passwords are secure.
Choose wisely. There is only one correct answer.
False. Another person can get onto your computer and take advantage of it. Also, not all sites are secure.
2.
Using the same password for multiple accounts is a secure practice as long as you change it regularly.
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False. Using the same password for multiple accounts is always insecure, even if you change it regularly.
3.
Telephone scammers demand immediate compliance from their victims because _______.
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Both of the above. Scammers don't want their actions to be exposed.
4.
There are many federal agencies that will help you if you are the victim of fraud, including _______.
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All of the above. All of the agencies listed -- as well as many others -- will help you if you are the victim of fraud.
5.
Who must you contact to have a fraud alert put on your credit card?
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The three major credit bureaus. Only the three major credit bureaus can put a fraud alert on your credit card.
6.
Your credit record can affect your ability to get a job.
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True. Some employers check your credit record as part of their background check on you.
7.
Trojans and spyware are examples of _______.
Choose wisely. There is only one correct answer.
Malware. Malware is software that damages or disables computers.