Every day, thousands of people fall for fraudulent emails, texts and calls from scammers pretending to be a bank. These are commonly referred to as phishing scams and victims can lose hundreds, even thousands of dollars.
The American Bankers Association’s #BanksNeverAskThat campaign seeks to turn the table on fraudsters by empowering consumers to spot bogus bank phishing scams. For more tips on how to keep phishing criminals at bay, including videos, an interactive quiz and more, visit www.BanksNeverAskThat.com.
Phishing is when you get emails, texts or calls that seem to be from companies or people you know, but they’re actually from scammers. They want you to click on a link or share personal information (like a password or social security number) so that they can use that information to steal your money and/or identity.
The bait
Scammers use familiar company names or pretend to be someone you know. They send a text or “spoofed” email or even call you in a way that makes it appear to...