Education Center

Reduce the risk of identity theft

Educate Your Family on Security Best Practices

With the holiday season in full swing, most consumers are aware that online holiday shopping may present a number of security risks. While you may consider yourself to be cyber-aware, what about the rest of your family? Here are a few things to be mindful of this holiday season, and how you can help educate your family on staying secure:

Be Cautious of Phishing Scams

During the holiday season, fraud and online scams are especially common as most consumers are less likely to look out for suspicious websites or offers. Never click on links in emails from unknown senders, and be wary of misspellings in communication or “too good to be true” deals from a retailer. When in doubt, go to the website directly by typing the URL into your browser or call the retailer directly to confirm the deal is legitimate. Remind your family to mark any suspicious emails as “spam” and delete them.

Monitor Transactions

With holiday shopping on the rise this time of year, it’s important to be proactive and take additional steps to monitor your financial transactions. Keep a close eye on your billing statements for fraudulent activity. If you do not recognize a charge, report the suspicious activity to your bank or credit card company immediately – even small ones. Cyber criminals often test accounts with small transactions to make sure they are active. Encourage your family to set up credit card alerts. Most credit card companies provide updates on account balances or even send alerts for transactions over a certain, pre-determined amount.

Know Your Merchant

While checking off your holiday gift list, make sure you’re transacting with reputable online sites. A good indicator that the retailer is legitimate is if your web browser’s address bar includes a closed padlock or the URL address begins with “https.” Talk to your relatives about the importance of keeping their personal and financial information safe. When transacting online, only fill out what is required to complete your purchase and understand your merchant’s privacy policy – know how your information will be stored and used for current and future purchases.

Keep these tips in mind this holiday season – and all year long – to help minimize you and your families’ risk. For more information on how to manage your personal information sensibly, visit our identity theft education center.

This article is provided for general guidance and information. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal issues or financial issues involved with credit decisions.

Man reviewing his credit report on his laptop

What Should – and Should Not – Be in My Credit Report?

A credit report should be an accurate record of a person’s history of debt. But sometimes reports can include simple errors or even signs of credit fraud and identity theft.

Man travelling on a plane checking his phone

How to Practice Cyber Safety During Summer Travel

Roughly half of Americans plan to go on vacation during the summer. More than 40 percent will connect to public Wi-Fi while traveling, or unknowingly engage in other activities that leave their devices and information vulnerable.

Graphic of the Safe Browser App

Is Your Web Browser Safe?

There are a lot of ways to access the internet. In the past, many web surfers signed on using internet browsers like Mozilla’s Firefox and Microsoft’s Edge.


Join the thousands of
other Costco Members

Join Now!
  • Categories

  • *$8.99 per person per month for Executive Members or $13.99 per person per month for Gold Star and Business Members, plus sales tax where applicable. Service provided by Experian®.