Internet fraud has become a major problem for anyone using the internet. And if you do your banking online, it’s especially important that you’re careful.
Email phishing scams are a common problem. The way they work is the scammers send out emails that look like they’re from your bank, Paypal, or some other website you might use.
They’ll say something like “your bank account has had suspicious activity and you should log in and change your password immediately.”
There’s either a link to what appears to be the bank’s website, or a spot right in the message where you enter your username and password – supposedly to log into the bank’s website.
In reality, the link takes you to a fake website that only appears to be the site for your bank. If you enter your username and password here, or in the email message directly, the scammer then has the information they need to log into your bank account.
If they get that information, they could transfer the money out of your account to theirs, or use your money to buy things that they then have shipped to themselves.
If you receive a message that appears to be from your bank or another website you frequent, don’t click the links in the message itself. Go to the website yourself and log in from there – if there truly is a problem with your account, you’ll get a message after logging in.
And remember, virtually no banks or other websites will ask you to enter your login information directly from an email message.