Bank of America Makes It Clear to Millions of Americans: You Can Lose Everything

Bank of America has issued an urgent notice to its customers to alert them about an increase in cyberattacks that jeopardize bank accounts and sensitive information. The bank highlights that scammers use sophisticated tactics to deceive users and gain access to their electronic devices and personal data.​

Bank of America Seeks to Protect Its Customers' Money: Beware of Malware

Cybercriminals impersonate trusted entities, such as Bank of America or Zelle, and contact victims through emails, text messages, or phone calls. They often claim there is an urgent problem with the account and request immediate action. 

These communications may include links or attachments that, when opened, install malware on the user's device. Once the malware infects an electronic device, scammers can:​

• Access bank accounts and make unauthorized transfers.
• Steal personal and financial information, such as account numbers and passwords.
• Install additional programs that allow remote control of the device.
• Use the obtained information to extort or harass the victim.

Bank of America Knows How to Avoid Disaster: Listen or You Could Lose Everything

To avoid falling victim to these attacks, Bank of America recommends not sharing personal information. Never provide confidential data via unsolicited email, text message, or phone call.

Avoid clicking on suspicious links, access your bank account by typing the official address in the browser. You must keep the software updated, ensure your operating system and antivirus programs are up to date.

Enable multifactor authentication, add an extra layer of security to your accounts. Additionally, regularly review accounts, monitor your transactions for unusual activities.

Additional Practical Tips: Bank of America Always Recommends It

If you don't want a fright, Bank of America recommends using strong and unique passwords, avoiding reusing passwords on different sites.

Set up security alerts and receive notifications about suspicious activities on your account. Be wary of offers that are too good, if something seems too good to be true, it probably is.

Share this information to help others protect themselves.​ Prudence is key to protecting against malware and other cyberattacks. By following these practical tips, you can significantly reduce the risk of your sensitive information and bank accounts being compromised.