Today I received the below email from my Credit Union. While this is not new it is the first time I have received an email warning from my bank. This is just a example of the threats to come. With the rise of the mobile Internet this is only going to continue to grow.

 Credit Union has received several reports from members receiving suspicious text messages and phone calls which state that their debit or credit card needs to be reactivated. Please be advised that these messages were not originated by #####, and is a reminder that cyber-crime is not just for computers anymore.

“Smishing”, the combination of texting and automated phone dialing, is an increasing scam the Federal Bureau of Investigation is warning consumers about as we head into the holiday shopping season. Holiday weekends typically see an increase in identity theft activity nationwide, as many financial institutions have limited Saturday hours or are closed. For additional information on how this scam works or steps you can take to safeguard your confidential information, please visit the Fraud Education section of our website.

At ######, we utilize the most advanced security technologies to protect your confidential information, and work diligently to identify scams and alert our members when such attempts are made. Neither we, nor any reputable financial institution would contact you by phone, text message or e-mail and ask for your confidential information.

If you suspect you have been a victim of identity theft, contact us immediately to report your card lost or stolen at the toll-free telephone number printed on the back of your ######### debit or credit card.

Sincerely,
Credit Union