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Important Update: Changes in FDIC Deposit Insurance Coverage

The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.

Winter 2010/2011

Social Networking Sites Attract Online Criminals

Social networking sites are popular among consumers who keep in touch with friends and relatives by chatting online and sharing pictures, Web pages, video clips and other information. But computer hackers also visit social networking sites to install malicious software on network membersí computers, smartphones and other devices.

"By clicking on a link from a supposed friend who says 'check out this awesome video,' you may end up with spyware on your PC that can be used to access your online bank account," said David M. Nelson, an FDIC fraud specialist.

To avoid problems, be careful about information you disclose on social networking sites, learn how to limit access to your personal information with your privacy settings, and be careful when clicking on videos, pictures and links.

For more tips, see recommendations from the Internet Crime Complaint Center at www.ic3.gov/media/2009/091001.aspx.

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Last Updated 2/23/2011