August 1, 2022
Scammers pretending to be banks are contacting thousands of people through emails, texts, and calls each day.
We recently posted on our Facebook about a fraud scam posing as a representative of “Wilson and Muir Bank’s Fraud Department.” These phishers are attempting to get online access to your accounts. WMB or any financial service will never call or ask for your account info or social security number. If you think you have been a victim of this please call our Main Office at 502-348-5996 or toll-free at 1-888-466-5996.
According to the cybersecurity firm, Vade, the trend toward financial services phishing began in 2021 and could be attributed to the impact of COVID-19 on the global economy. As businesses “returned to normal” and people went back to work, payment moratoriums expired and bills became due. Phishers were able to weaponize this against businesses and individual citizens who borrowed or deferred money to divulge sensitive information by pretending to be their financial service provider. As inflation increases and financial troubles resume, there are millions of potential victims for phishers to exploit.
To help educate yourself on how to recognize phishing attempts from scammers pretending to be your bank, the ABA has provided free resources through their #BanksNeverAskThat campaign. Read their most recent report, here.