Phishing Scams on the Rise

Phishing Scams on the Rise via text, phone calls and e-mails in attempts to hack into bank accounts.

Financial Tip Friday is brought to you in partnership with the 1st National Bank of Dennison.

US citizens with banking accounts have lost TWICE as much money due to phishing scams and fraud since 2019! In 2019 there was about $1.8 dollars loss, in 2020 it is recorded at $3.3 billion.

Red Flags

Gut feeling that the phone call, text message or e-mail is not real? Look for these red flags.

- They have a sense of urgency
- Unable to speak it over or thinking about it and call back later
- High-pressure language with scare-tactics
- Asking for sensitive account information such as passwords or Social Security Number
- Insisting they can send you a text login pin number and then asking for it
- Asking you to go to a website
- Requesting you call a different phone number than your local bank
- E-mail containing typos or misunderstood grammar
- Suspicious links or attachments

Be Prepared

Be cognizant of the red flags
Create a multi-factor authentication on your financial institutions logins and e-mail login
Create random or very difficult to guess passwords
Always call your local bank and question
Use a malware or web protection anti-virus program with an updated browser