Protecting yourself from bank fraud is more important than ever as scammers are finding increasingly sophisticated ways to target victims. A recent MoneyRates article examines the most common bank scams and how consumers can safeguard their finances.
The article includes insights from John Wilson, Senior Fellow of Threat Research at Fortra, on the evolving tactics used by fraudsters and steps you can take to protect yourself.
Originally published in MoneyRates.
Excerpt: “The FBI estimates skimming results in more than $1 billion in annual losses. Criminals can easily acquire and install hardware to skim card numbers at gas stations, ATMs, parking meters, and other unattended payment terminals. These devices are placed over the card slot but aren’t always obvious.”
