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Beware of "Bank of America Payment Failed - Action Required" Phishing Scam

2017-11-02T13:02:04 -  +
Beware of "Bank of America Payment Failed - Action Required" Phishing Scam

The email activity alert below, which claims a Bank of America payment has failed and the recipients need to verify their billing information, is a phishing scam. The scam is being sent by cybercriminals to steal Bank of America customers' username, password, personal and financial information. This is done by attempting to frighten and trick potential victims into clicking on the link in it which goes to a fake Bank of America website that asks visitors to sign-in. But, any attempt to sign-in will result in the visitors account credentials being sent to the cybercriminals.

Please continue below.

And, once the cyber criminals have received the stolen information, they use it to gain access to their potential victims' BOA accounts, hijack and use them fraudulently.

The "Bank of America Payment Failed - Action Required" Phishing Scam

From: "Bank Of America"

Sent: 31-Oct-2017 09:25:57 +0000

Subject: Status: Payment Failed - Action Required

Dear Member,

Unfortunately, Your Payment has been failed.

It has come to our attention that your Banking Information records are out of date.That requires you to verify the Billing Information.

Failure to verify your records will result in account suspension. click the link below and enter your login information on the following page to confirm your Billing Information records.

To verify your identity, kindly follow reference below and take the directions to

instant activation.

Click here to Verify Your Account

Sincerely,

Bank Of America 2017

Bank of America customers who have received email messages like the one above, they should go directly to Bank of America's website at https://www.bankofamerica.com/ and sign into their accounts from there, instead of clicking on a link in the email messages. If there is something wrong with or something that needs to be done their Bank of America accounts, it will be shown to them after signing in.

Bank of America (BOA) customers who have been tricked the scam should immediately attempt to change their BOA account password and contact Bank of America for help.

Please share with us what you know or ask a question about this article by leaving a comment below. Also, check the comment section below for additional information, if there is any.

Remember to forward suspicious, malicious, or phishing email messages to us at the following email address: [email protected]

Also, report scams, untrustworthy, or fraudulent websites to us. Tell us why you consider the websites untrustworthy or fraudulent.

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