We’ve seen a worrying rise in banking scams, particularly with fraudsters tricking people into giving out sensitive information like login credentials and verification codes. These scams often come through fake calls, emails, or text messages, disguised as legitimate communication from your financial institution.
Remember: Beacon Credit Union will NEVER ask you for your Internet Banking Password or Verification Code.
Here’s how these scams typically work:
- Impersonation: Scammers pretend to be from your financial institution, claiming there’s an urgent issue with your account.
- Urgency and Fear: They pressure you to act quickly by sharing your personal information or codes.
- Requests for Credentials: You might be asked to share your Internet Banking login details or verification code.
Here’s how to protect yourself:
- Never share your banking credentials or codes: Beacon Credit Union or any legitimate financial institution will never request these.
- Be cautious with unexpected communication: If you receive an unsolicited call or message, contact your financial institution directly using official channels.
Stay vigilant! Protecting your personal information is key to keeping your finances safe. If you suspect a scam, report it immediately.