CHARLOTTE, NC (WBTV) - Across the country banks and credit unions are targeted by internet fraudsters. Through a cloak of anonymity, they can take money at a much faster rate then most other types of fraud.
According to the security firm, RSA, internet fraudsters love the banks so much that 70% of all spear phishing campaigns are targeted at financial institutions, particularly in the US.
How they get into your bank account and whether we can try to stop them are the questions our Cyber Expert is answering for us. She details below how the fraudsters attack and shares easy ways to protect your bank account from cyber thieves.
Tools of the Trade:
Hot Spots for Cyber Crime:
œ Fake Ads, Email Links and Attachments
œ Poisoned Search Results
Go with a Trusted Source:
Your bank will never send you an email where they ask you to click on a link and provide your account login information. Go to your bank directly at the trusted source and never through ads or emails
Safe Search Results:
There are trojans lurking around almost every corner on the internet and one tactic is to use popular and current search terms to trick you into going to a site. Often, you may start at a legitimate site and then be enticed to hop around to the fraudsters site and then the Trojan is downloaded. There are settings in your web browser and search engines that can help you shed some light on the internet and avoid going down this dark alley.
Fight the Fraudsters With Safe Online & Offline Habits
œ Practice good internet safety:
› Keep your operating system, anti-virus and anti-spyware software up-to-date
› Report all spam emails and then delete them
› It may be tempting to shop online at any site but do your online shopping only on sites that you can validate and look for secure Web pages. (Look for "https" in the URL address bar.)
› Never send your user id & password, bank account login, credit or debit card information, social security numbers or personal information by e-mail.
œ Fighting the Fraudsters If They "Break In"
› Free Alerts: Sign up for text alerts on your bank and credit card accounts. For example, anytime a new bill payee is added, address changes, or transactions over a threshold.
› Free Credit Reports: Request regular credit reports from major credit bureaus, and check them carefully to help you spot fraudster transactions
McAfee offers a free safe search tool to help you avoid fraudsters, click here for more information.
Many banks have partnered with Trusteer to offer a free tool to help you defend your account login from fraudsters. You can find more information here.
If you believe you are a victim of Bank Account Fraud
¡ Seek the assistance of your bank.
¡ File a complaint with the Federal Trade Commission here or call the (FTC) or 1-877-382-4357.
If you See a Scam or believe you are a victim of a scam
¡ File a complaint regarding internet-related fraud with the FBI's Internet Crime Complaint Center here.
¡ Report scams to your state Attorney General here.