Sure, scammers and fraudsters appear to be everywhere and affect all types of people. According to FTC.gov, “…scams affect every age group, but differently” and “the median individual reported fraud loss by people 18-59 was $500 in 2021.” With that said, you don’t have to let bad actors get the best of you. Rather than catching you off guard with something like the Bank of America Verification Scam, you can educate yourself about the nature of a scam like this and understand ways to protect yourself.
In this article, we cover:
- The details of the Bank of America Verification Scam
- Why the Bank of America Verification Scam is dangerous
- How to protect yourself from the Bank of America Verification Scam
The details of the Bank of America Verification Scam
The Bank of America Fraud Alert scam is set up to take users’ personal information. Ultimately, the scam impersonates a security message from Bank of America and informs the user that their debit card was detected in fraudulent activity. The user is then prompted to call a number to speak to a Bank of America representative. First detected on Thursday, February 10th, 2022, the scam’s most called locations are California, New York, and Texas.
Actual audio of a verification scam exploiting the Bank of America brand
Hello, this is Bank of America. There is an abnormal situation in your account. For details, please press nine and contact us as soon as possible.
Why the Bank of America Verification Scam is dangerous
With a fraud score of .80, the Bank of America Verification Scam is dangerous because it is designed to attain private information from people using vishing techniques. Since people who receive a call from a reputable company like Bank of America expect it to be legitimate, they are often more inclined to offer personal information. In doing so, they put their identity and security at risk.
How to protect yourself from the Bank of America Verification Scam
While scammers and fraudsters are busy trying to steal peoples’ identities, you can take the proper precautions to keep your information safe. With YouMail, you can utilize a reputable call blocking app that offers personalized call protection features as well as caller ID and spam-free visual voicemail. This will help guard your private information while also keeping you and your family out of harm’s way.
Find about more Robocall Scams at the YouMail Robocall Scam Guide.
To protect yourself from the Bank of America Verification Scam, download YouMail today.
