How to avoid getting your bank account hacked

With a wide variety of banking options, fraudsters are finding new ways to hack into people’s finances.

When you first realise you’ve been a victim, it can be scary and can cause financial difficulties until you’re reimbursed.

Use our helpful tips to make sure you keep yourself and bank account safe.

Regularly review your statements

Instead of taking large sums of money from the victim’s account, some fraudsters will attempt to withdraw small amounts of cash in an attempt to remain undetected.

On a monthly basis, take time to look through your statement and make sure it’s all correct. If you see a suspicious transaction, contact your banking provider immediately to follow it up.

Look around you before using a cash machine

Cash machines are always located in busy areas, with many people walking past while you withdraw money.

Before putting in your PIN, take a look around you before entering the digits. If you feel someone is too close to you, while you make the withdrawal, politely ask them to move further away or find another cashpoint if you feel uncomfortable.

Don’t open an e-mail if you’re unsure

As digital technology becomes more advanced, so do cyber criminals. Fraudsters can now work in even more sophisticated ways to access your online bank account.

Criminals will send e-mails to the victim’s account, designed to look similar to a recognisable business or your banking provider.

If you don’t recognise the business or don’t remember ordering anything, delete the message and take no further action.

UK banking providers will only send you letters and will not ask for any personal details or your PIN number.

Get creative with your passwords

Any online profiles that link to your bank account details must have a secure password. Instead of using your birthday, first pet or mother’s maiden name, think creatively about what you could use that’s easy to remember.

Criminals can still obtain your passwords if your e-mail account is hacked, so make sure this password is also hard to guess.

If you think you’ve had your account hacked

Don’t panic! Banking providers offer services that help people who have been a victim of fraud.

Once you’ve realised your account has been used without your permission, call your bank’s customer care line immediately.

Fraudulent activity to your bank account is a criminal offence; therefore making the police aware of the incident can lead to a full investigation being carried out.

Finally, cancel all bank cards attached to the hacked account and change your passwords to any online store profiles you may have. 

Category: Banking

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