6 Tips for Safeguarding Your Personal Financial Information
Whether you bank with Wells Fargo or not, here’s what you should do now.
This article originally appeared on Money.
The Wells Fargo scandal that got more than 5,000 employees fired over unauthorized account openings has a lot of people concerned about whether or not someone else can get into their accounts, or create new accounts entirely with their personal information.
The Wells Fargo case is particularly alarming to people because it’s a reasonable assumption to think you can trust your bank’s employees. “The problem here is the dog that didn’t bark,” said Ed Mierzwinski, consumer program director for U.S. PIRG. “Consumers didn’t know that they had these accounts, and apparently weren’t getting statements or other clues,” he said.
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In most cases, though, there will be clues—provided you know where to look. Consumer advocates say there are some basic steps you should take to protect yourself.