Bank of America Email Scam; Have you ever seen an email that seems to come from the Bank of America and tells you to click a link in order to be led to some other page where you’re supposed to ‘update your personal information? You might be dealing with an online email scam on the other hand.
What is the Bank of America Email Scam?
Bank customers are often prey by phishing emails looking to get valuable personal information from them so that they can steal their identities or money. Bank of America customers, in particular, are often targeted.
This is expected, considering the fact that the Bank of America is one of the largest and biggest banks in the United States of America. This particular email scam would never seem to stop.
How To Detect Bank of America Email Scam?
The email will typically have an interesting headline, such as “Online Banking Alert” or “Password Reset Successful”. When you click on it, the name in the sender field will be Bank of America, though the sender’s email is fake a Bank of America email address. The email will also typically contain legitimate Bank of America colors and the Bank of America logo, further making it look real.
The current version of the email will contain a message telling you that the Bank of America has upgraded its servers and that you were logged out of your account as a result. It then tells you that you need to update your account details in order to regain access to your account. It will provide a link for you to click to do this and even a phone number to call in some cases.
Sometimes the message will be about a password reset that was done successfully and will ask you to click a link in order to confirm that you did indeed reset your password. Do not click on the link or call the phone number in either case.
How Do the Bank of America Scammers Find Victims?
Scammers get lists of emails that they assume are still in use. They then send a scam email to these email lists anticipating that some of those emails will get in the inbox of legitimate but naïve customers of the Bank of America and be successful in convincing them to give up their private details.
The only thing you should do is to click with enthusiasm the delete button to get rid of the email for good.
How To Avoid Getting Involved in This Scam?
You should never click the link or call the phone number provided in the email. If you cover the cursor on the link, the full URL will be visible on the bottom left of your browser screen and it will show that the link isn’t a real Bank of America link. The message will also typically contain typos and grammatical errors that an authentic Bank of America email would probably never send.
The phone number is usually placed there so you can call and provide all your personal details, but Bank of America would never ask you to provide your personal details, either through phone or email, as they state it on their website.
These are a few of the telltale signs that will let you know you are probably dealing with a phishing email scam. Additionally, if the email got in your spam folder, then let it remain there. Legitimate Bank of America emails will almost not get in the spam folder.
If you want to check if your account details are up to date, open a new tab in your browser and type in Bank of America’s URL. Log into your account and check your account details from there. Never click the link in the email to verify your account details.
I’m Already a Victim. What Should I Do?
If you are already a victim of the scam, then you need to contact your bank as quickly as possible to notify them of any fraudulent activity in your account.
Signs of fraudulent activity include the unauthorized debit of funds from your account, bills for unknown debt, new loans that you didn’t apply for, and being denied credit unexpectedly. If any of this has happened, contact your bank immediately so they can shut down all accounts that were fraudulently used.
How to Report Email Fraud and Scams
File a police report, depending on how serious the fraud was, and keep the report with you in case you need to prove that you were a victim of fraud to your creditors.
Forward the scam email to email@example.com so that Bank of America will be aware of it, investigate it, and tell other customers of such scams to prevent them from happening in the future. File a report with the Federal Trade Commission via firstname.lastname@example.org.
How To Avoid Being Targeted for the Bank of America Scam?
Remain watchful with your emails and look out for the red flags of phishing scams as outlined above.
Make sure you change your password every three months and use strong passwords with a capital letter, lowercase letters, numbers, and symbols. Lastly, don’t click any links in these emails. Instead, report these scam emails and delete them.