Can You Spot a Phish?

Person holding laptop with phishing website

Can You Spot a Phish?

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. As we continue to rely more on online banking solutions, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $3.3 billion to these phishing schemes and other fraud in 2020—that’s nearly double what was lost in 2019.

It’s time to put scammers in their place.

Online scams aren’t so scary when you know what to look for. At First State, we’re committed to helping you spot them as an extra layer of protection for your account. We’ve joined with the American Bankers Association and banks across the country in a nationwide effort to fight phishing—one scam at a time.

We want every bank customer to become a pro at spotting a phishing scam so we can stop bank impostors in their tracks. It starts with these four words: Banks Never Ask That. Because when you know what sounds suspicious, you’ll be less likely to be fooled. These top 3 phishing scams are full of red flags:

  • Text Message: If you receive a text message from someone claiming to be your bank asking you to sign in or offer up your personal information, it’s a scam. Banks never ask that.
  • Email: Watch out for emails that ask you to click a suspicious link or provide personal information. The sender may claim to be someone from your bank, but it’s a scam. Banks never ask that.
  • Phone Call: Would your bank ever call you to verify your account number? No! Banks never ask that. If you’re ever in doubt that the caller is legitimate, just hang up and call the bank directly at a number you trust.

 

What’s Your Scam Score?

You’ve probably seen some of these scams before, but some look more legitimate than others and might take more scrutiny to uncover. Take five minutes to become a professional scam spotter by taking the #BanksNeverAskThat quiz here.

At First State, we also offer CreditSenseSM in our mobile banking app so you can receive alerts when there are changes to your credit score. Gain peace of mind by having access to all your credit information right in your mobile banking app. If fraud occurs, you’ll be able to catch it quickly and get started on the resolution process. Learn more here or contact your local branch for more information.