Fraud prevention tip:Do not provide access codes, personal and financial information via email, text or to unsolicited callers. Bank of America will never call you to ask you for this information. If you receive an email or text from Bank of America and you're unsure if it's real, don...
Bank fraud prevention starts with your small business. Explore common types of bank fraud and scams to understand how thieves gain access. Then learn how to reduce risks and protect your bank account by strengthening cybersecurity measures and working with your financial institution. Understand the ...
Fraud is now a "national security threat" according to Britain's main banking body, with £754m stolen from customers in the first half of 2021. That's an increase of 30% compared to the same period in 2020. The situation isn't much better in other parts of the world either. In ...
While enjoying thebenefits of online bankingand digital finance tools, it’s important to keep security and how to protect your bank account from fraud top-of-mind. That’s because cybercriminals are a growing threat, especially as they use more sophisticated methods in an attempt to steal pers...
How to avoid bank failure scams The good news is that it is possible to avoid these scams altogether. You don’t have to be incredibly savvy to avoid beingscammed by a bank failurehoax, but you do have to take a few precautionary steps. ...
Avoid clicking suspicious links. If someone calls and asks for your banking information, hang up immediately and call your bank directly at the number found on your debit card or their website. Protect Your Devices Whether on a desktop, laptop or mobile device, it is critical to ensure y...
Banks often refund scammed money, but it's not guaranteed. The likelihood of a refund depends on your bank's policies, the type of scam, the payment method used, and how quickly you report the fraud. To increase your chances of recovering your money, take these steps. ...
We're here to help you avoid common credit card scams. Fraudsters may contact you pretending to be calling from the bank. Don’t make it easy by revealing your details to a fraudster. Watch our video with information on what to do if you receive a call. ...
Until ATM fraud really is a thing of the past, though, there are several things you can do to prevent ATM scams: Choose your ATM with care. Some ATMs are better than others. It’s unlikely a thief will have installed a counterfeit ATM at your bank, and it’s unlikely that someone wi...
It’s important to stay aware about fraud and scams. That’s why we’ve rounded up some helpful links and resources about what fraud looks like and how you can avoid it.