Federal Trade Commission

Family finances: Seven steps to keep your data secure

Nearly half of consumers surveyed recently reported being a victim of fraud in the previous year -- a far higher tally than earlier surveys indicated.

And an estimated $50 billion is lost each year to financial scams. That's particularly devastating for older victims who have less time to recover from losses.

Here are seven tips to keep your finances safe from thieves.

Play it safe at the ATM. Cover the keyboard with your hand when you enter your PIN -- a camera may be recording your keystrokes, which thieves can later match with your payment-card data.

Check bank and credit card accounts. At least once a week, look for suspicious charges. Sign up to receive alerts...

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