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Spear Phishing: A Bigger Concern in 2015

| Feb 10, 2015 | Uncategorized |

Banks are trying to make it harder for hackers to get into mobile banking accounts, yet that does not mean your bank account is any safer. Hackers are always trying to find another way around restrictions that may be easier. For 2015, our lawyers fear that hackers will engage in banker employee fraud. Bank employees have credentials to much larger swaths of client information than individual users and so the reward is larger while the difficulty may be similar.

Hackers try to send phishing emails and use other forms of fraud to gain access to bank account information from employees. If an employee’s credentials are compromised, many user accounts may be in danger. Our attorneys highly recommend changing your banking passwords often to protect yourself. However, not all fraud can be prevented. If you or a loved one are a victim of fraud call the Wade Law Group as soon as possible at 888-909-9430.