Account takeovers are on the rise. What can you do about it?
Posted On: October 10, 2024 by Prevail Bank in: Banking / Money Management, Fraud
What is an Account Takeover?
An account takeover occurs when cyber criminals gain control of your online accounts using stolen credentials. They typically purchase consumer PII (Personally Identifiable Information) from the dark web, which is often sourced from data breaches, phishing scams, or malware. PII includes information like your name, address, email, phone number, date of birth, social media login details, and passwords.
Once a criminal has access to this...
Protect Yourself from Phishing Scams
Posted On: March 1, 2023 by Prevail Bank in: Digital Banking, Fraud
Phishing scams are a popular way for people to get access to your personal information. They can be easy to spot, but they're also highly effective. In fact, the FBI's Internet Crime Complaint Center (IC3) reports that phishing is responsible for more than half of all reported online fraud schemes in the US—and the number is growing each year.
In this blog, we'll take a closer look at how phishing works and how you can protect...
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