When it comes to choosing an online savings account, most people start – and stop – with the interest rate. But if two online banks are offering similar rates, the real difference shows up in everything else.
Here are four things to look at beyond the yield when comparing online banks and savings accounts.
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Business Email Compromise (BEC) is an email-based social engineering attack. Companies who conduct frequent wire or ACH transfers are often targeted, however many different business types may fall victim to this scam. Corporate or publicly available email accounts of executives or high-level employees related to finance, or involved with wire transfer payments, are either spoofed or compromised through key loggers or phishing..
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The Internal Revenue Service (IRS) has launched its annual "Dirty Dozen" list with a caution for taxpayers to stay alert to evolving phishing and smishing (SMS phishing) scams aimed at obtaining sensitive taxpayer information. Given the increasing frequency of email and text scams targeting individuals and businesses, the IRS has emphasized the importance of remaining vigilant against these deceptive tactics. These fraudulent..
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