Common online banking scams and how to avoid them.
Scammers use emails, fake websites, and malicious software to steal your banking information. Knowing how these scams work can help you protect your account and money.
Common Online Banking Scam Red Flags
1. Phishing emails or texts: fraudsters may pretend to be your bank and ask you to click a link or share personal information.
- Look for misspellings, generic greetings, and urgent messages.
- Never share passwords, PINs, one one-time codes.
2. Fake login pages: scammers create websites that look like real banking sites to steal your username and password.
- Check the website URL carefully.
- Avoid logging in from links in emails or texts.
- Type our website address directly into your browser.
3. Malware and keyloggers: malicious software can record what you type or steal information from your device.
- Avoid downloading files or apps from unknown sources.
- Keep your device and apps updated.
- Use antivirus and security features on your device.
Important: Panacea will never ask for your password, PIN, or one - time verification codes. If someone does, it's a scam.
What to Do:
1. Do not click suspicious links or download unknown files.
2. Do not share login credentials or verification codes.
3. Contact our support team if you are unsure.