Every day, thousands of people fall victim to fraudulent emails, texts, and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $3.3 billion to these phishing schemes and other fraud in 2020—that’s nearly double what was lost in 2019.
To celebrate Cybersecurity Awareness month, we’ve partnered with the American Bankers Association to raise awareness, as part of the #BanksNeverAskThat anti-phishing campaign. Our goal is to help our bank consumers beat scammers at their own game.
Online scams aren’t so scary when you know what to look for. And at Movement Bank, we’re committed to helping you spot them as an extra layer of protection for your account. We’ve joined with the American Bankers Association and banks across the country in a nationwide effort to fight phishing—one scam at a time.
We want every bank customer to become a pro at spotting a phishing scam—and stop bank impostors in their tracks. It starts with these four words: Banks Never Ask That. Because when you know what sounds suspicious, you’ll be less likely to be fooled. These top 3 phishing scams are full of red flags:
You’ve probably seen some of these scams before. But that doesn’t stop a scammer from trying. For more tips on how to keep phishing criminals at bay, including videos, an interactive quiz, and more, visit www.BanksNeverAskThat.com. And be sure to share the webpage with your friends and family.
What’s Your Scam Score? Take five minutes to become a scamspotter pro by taking the #BanksNeverAskThat quiz at BanksNeverAskThat.com. Share your score on Twitter to encourage your friends and family to test their scam savviness, too. The more scamspotters out there, the harder it is for phishing criminals to catch their next victim!
Continue to follow us @movementbank on Facebook, LinkedIn, Twitter, and Instagram this week and during the month of October for more tips, quizzes, and activities!
Movement Bank is dedicated to producing quality content that informs and educates readers about healthy financial habits. On our blog you’ll also find information about our products, services, and promotions that may help you on your financial journey. To browse and learn more, visit blog.movementbank.com.