Because of COVID-19, we have seen an increase in cyber crimes. The holidays are here which is a perfect time for cyber criminals. It’s a perfect time because more people are working from home using their personal electronic devices and shopping online. Every day precautions should be made to help minimize cyber crimes.
A recent example I’ve seen myself is with an email from a well known bank I received. The email wanted me to log in, view documents, or visit their site. I was suspicious. A simple procedure I used is to check the email header and look for the Sender Policy Framework (SPF) or Domain Keys Identified Mail (DKIM) email verification. This validates the domain name identity that is associated with the message through cryptographic authentication. This is how a DKIM looks.
Typically you’re going to want to make sure the DKIM “d=XXX” matches whoever sent it to you especially if it’s coming from somebody important like a financial institution, medical health, or insurance. Things like food or events may have mismatched DKIM headers. Here’s a sample from Lucilles BBQ from the Gmail app. Gmail has a nice and simple “View Security Detail” feature for each email so that you can visually see the security details easily. FBMTA.com is Fishbowl which is a restaurant marketing software platform.
I also put a sample of TreveriCapital email header below.
If everything looks fine but you’re still suspicious, you can always call whoever sent it to you and ask if they have any records of sending you anything. Most companies will have a contact relationship manager (CRM) with client correspondence details of you.
These simple steps can help minimize future cyber criminal problems.
I was doing
my normal daily routine of looking at news and emails this morning when I came
across a Reddit
post about a teacher that resigned. The
teacher had asthma and a partner with heart issues. The school was unwilling to work with the
teachers need for telecommuting. So, the
teacher resigned. Where’s the union at
you may ask? Although the work environment
for educators has unforeseeable events, it creates the perfect opportunity to
review your 403B or TSA retirement account.
if you leave the school district or not will be a question you need to ask
yourself. The only time a 403B can be
rolled over to an IRA is if you leave your employer which is the school
district. Keep in mind you can get a job
in another school district and roll over the account.
step you need to determine is if you have a regular 403B or a Tax Sheltered
Annuity (TSA). Typically TSA’s will have
higher fees such as surrender charges and Mortality Expense (ME) fees. Surrender charge fees vary on each contract and
need to be looked at. Also, there’s a mortality
expense fee (ME) which is a fee paid to the insurance company for the risk they
take. Depending on any surrender charges
will be a factor if you will be penalized now vs. risk the opportunity cost of
reinvesting in the current environment. Each
individual is different.
determine that you want to rollover your 403B, you have a wealth of choices to
choose from. This is also a perfect time
to review your pension. Keep in mind you
will want to speak with a fiduciary like myself with transparency on business practice,
fees, and client interest.