Email scams are more common than you’d think, with a whopping 96% of all phishing attacks coming through our email inboxes. Cybercriminals often go to great lengths to make their emails appear as if they’re coming from your bank, which is why it’s important to stay informed in order to keep our accounts safe. Here are some essential steps to protect yourself:
You know how defensive driving prevents car accidents? The same concept applies to email scams. By treating every incoming email as a potential risk, you can better protect yourself from falling for a phishing scam. Phishing emails can be incredibly convincing, mimicking official language, logos, and even URLs that closely resemble those of your bank. Stay sharp and always question the authenticity of any suspicious messages.
If you receive an email pressuring you to click a link – whether it's to confirm your login details or make a payment – be cautious. Banks will never request such sensitive actions through email. Instead of taking the bait and clicking the link, hover your cursor over the link to reveal its actual destination. When in doubt, take the safe route and contact your bank directly or type their website URL into your browser.
Legitimate banks will not play mind games and resort to scare tactics, threats, or high-pressure language. But you know who will? Scammers! If you receive an email that demands immediate action and gets your heart racing, that’s your cue to pause. Regardless of how convincing the email may appear, never share personal information like your password, PIN, or social security number.
Keeping your devices and operating systems up to date with the latest security patches is a fundamental step in maintaining effective cybersecurity. Regular updates can help protect your device from security threats, ensuring you are equipped to defend against cybercriminals.
It's important to note that your bank will never send you unexpected email attachments, like PDF files. Also, keep an eye out for emails with typos and poor grammar, which are clear signs of phishing scams. Banks maintain a high level of professionalism in their communications, so trust your instincts whenever things don’t sound right.
If you find yourself caught in the phishing net of an email scam, here's your action plan:
Staying cautious and making informed decisions is your best defense in the online world. By following these practical steps, you can significantly reduce your vulnerability to phishing email scams and know how to take the right steps if you ever encounter one.
At Academy Bank, your financial security is our #1 priority. In fact, our Select Rewards Checking Account has safeguards to help combat phishing scams, including:
INSURANCE DISCLOSURE: Insurance products are NOT insured by FDIC or any Federal Government Agency; NOT a deposit of or guaranteed by the bank or any bank affiliate. Coverage is provided through the company named in the Guide to Benefit or on the certificate of insurance.