Protect Your Money from Bank Scams
You’ve heard of door-to-door scams, and your home video system can even help spot those people. Also, many phone scams exist. Now, bank scams are a big problem.
These bank scams happen in many ways. For example, you might get calls, emails, or letters that look just like ones from your bank. But remember this key thing: banks will never ask you for secret information over the phone. So, ifsomeone asks for it, it’s probably not your bank calling.
This new bank scam makes many people very careful about sharing their personal details. The scammer on the phone will tell you there’s a safety problem with your account or bank card. They’ll also say you can fix the problem right then. However, normally, if there’s an issue with your account, you call the bank, not the other way around.
While keeping your bank accounts secure, don’t forget your home by contacting SPS Fire & Security.
Consequences of Bank Scam Calls
If this ever happens to you, follow one quick rule: Wait at least five minutes. Then, call your bank using the number on the back of your bank card.
Why wait five minutes? It’s for your safety. The scammer calling you isn’t your bank, so they won’t hang up right away. They want you to start dialing fast. If you dial right away, you might think you’re calling your bank, but the fake caller is still on the line!
This could be very bad. Many problems can happen if you aren’t careful with your bank account and cards.
- Your account will become empty.
- The bank account card that has certain limit on it will be used to the max.
- You will and could become a victim of identity theft.
- Chances of other accounts you are associated with being hacked increases.
What Can You Do to Avoid Bank Scams?
- Your bank won’t call you about problems with your account. Usually, you call them. So, remember this.
- Your bank will never ask you to move money between accounts. Again, you are the one who calls your bank or goes online to move your money.
- If someone calls and says they are your bank, wait five minutes before you call your bank back. Tell your bank what happened. They can then freeze your account. This stops the scammer from getting to your money, so you don’t lose money or become a victim of identity theft.
- Never give out any info to someone who calls and says they are your bank. This includes your name, address, phone number (they should have it if they called you!), secret questions, account numbers, Social Security number, and more.
- If you have older children who might answer the phone and know your bank info, warn them about these scams.Some kids might not know better and could accidentally tell a scammer your private details.
Contact Your Rochester Security Alarm Company
It’s important to keep every part of your life safe. You don’t just need to protect your bank accounts; you also need to guard your home and everything you’ve worked for. Luckily, home security systems help you do that.
For example, if someone knocks on your door trying to sell you something fake or asking for your information, your home camera system can catch their face. Also, if someone tries to get into your home, whether you’re there or not, you and the security company will know right away, so you can deal with it fast.
If you have become a victim in any bank scams contact your bank you are associated with for help. If you have any questions associated home and phone security contact SPS Fire & Security at 585-770-0348.
