Cybercriminals are posting phishing links on Facebook, Twitter and other social media websites in an attempt to trick their potential victims into visiting fake internet banking websites looking like the major banks. Once on the fake websites, visitors will be asked to enter their banking account credentials, banking account information, credit card information and personal information. Now, this is all the information the cybercriminals need in order to gain access to their victims’ accounts, steal their money, or use their accounts fraudulently to launder money.
Therefore, online banking users are asked never to click on a link on social media websites, in text messages or in email messages to sign into their accounts. They should instead, go directly to their banks’ website by typing the bank’ website name in the address bar of their web browsers, or search for it using a popular search engine.
Online Banking users or customers, who think they were tricked into visiting fake websites, and who have submitted their information on the same fake websites, are asked to change their Online Banking account passwords, check their accounts for discrepancies, and report the discrepancies found to their banks.
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