Fraud

Phishing scams remain the top-reported online crime, with AI-powered phishing scams exploding. Global volumes are up about 140%.

In this blog, we'll take a closer look at how phishing works and how you can protect yourself from being fooled by scammers.

Phishing is a type of scam that tries to get you to give up personal information and/or to authorize payments. Phishing scams are designed...

Dormant accounts may feel harmless, but they’re prime targets for scammers because they often go unchecked. In today’s digital world, most of us have multiple accounts—banking, shopping, streaming, and more. Do you track them all and monitor them for suspicious activity?

Inactive accounts can be risky because they store your personal information, payment details, and login credentials...

The above question was posed to us after we issued a Fraud Awareness email to our customers. It was a great question. We suspect many people were asking the same.

Please know, Prevail Bank is fully committed to the protection and confidentiality of your information. We follow, in strict accordance, the guidelines established by the Federal Financial Institutions Examination Council (FFIEC) and the...

In today’s digital world, data breaches have unfortunately become more common. From major retailers to healthcare providers, even financial institutions — no organization is completely immune. If you've received a notice saying your personal information was compromised/stolen in a data breach, it can be unsettling, but don’t panic. Taking the right steps quickly can help minimize the damage and...

According to the FTC, your odds of becoming a victim of identity theft are about 1 in 15. And losses attributed to fraud continue to rise due to the increase of people engaging in social media, electronic communications, and online shopping.

In other words, someone you know – your neighbor, your friend, a relative, a co-worker – is likely to fall prey this year. Maybe even you. If you fall victim to identity theft,...

An account takeover is a type of cyber-attack where a malicious actor gains unauthorized access to someone's online account. This can involve anything from social media and email accounts to banking and shopping accounts. Once they have control, they can withdraw money, make purchases, or steal personal information.

So, if you are locked out of your account, it could be a sign of an Account Takeover (ATO).  Cyber criminals...

At Prevail Bank, we care deeply about the well-being of our customers—financially, emotionally, and digitally. As technology becomes more central in our daily lives, it also opens the door to new opportunities and new threats. Sadly, seniors are often the target of sophisticated online scams designed to steal money, information, and trust.

Whether you’re reading this for yourself, a parent, a neighbor,...

From splitting dinner with friends to sending thousands of dollars across the globe, online and mobile payment apps have made life easier. Services like PayPal, Venmo, and Zelle allow users to transfer money in seconds. But while the convenience is undeniable, so are the risks. As these apps grow in popularity, so do the scams targeting their users.

PayPal...

Fake check scams can lead to significant financial losses. Scammers use counterfeit checks to deceive individuals and businesses into sending money or goods. Unfortunately, spotting a fake or fraudulent check is difficult due to advancements in technology. But understanding how to identify these scams and learning how to spot a fake check will help protect you.

Keep in mind that even a fake check can initially clear and appear as available funds in your account. However,...

Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. If you’re using checks, please remember you’re exposing your personal information (name, contact information) and bank account info with each one you write. Criminals are becoming more sophisticated every day, finding new ways to steal your financial information and ultimately your money.