Bank of Commerce warns clients of deceptive e-mails

Bank of Commerce warns clients of deceptive e-mails

Bank of Commerce warns clients of deceptive e-mails

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BALANGA CITY, Bataan – Bank of Commerce Manager John Calugay in a statement about safe electronic banking had warned their clients of deceptive e-mails.
Since e-mails can be used for banking purposes, Calugay said that customers should be aware that fraudsters also use e-mails to execute “phishing” and deceive individuals to divulge certain information to access their bank accounts.
Manager Calugay also stressed that e-mails are an important medium through which banks and clients communicate and banks use e-mails to advise clients about system maintenance or to confirm transactions they made through e-banking.
To help their clients, Bank of Commerce gave warning signs usually used by fraudsters such as fraudsters usually start their e-mail messages with generic greetings like, dear customers or to our valued clients, then the contents sound threatening or meant to create false sense of urgency like verify your account, update your account.
These are even accompanied by a link or phrase click here that intends to redirect you to another website, possibly fake(spoofing).
You will note, Calugay specified that the sender claims to be sent by financial institutions because of official-looking logos but with a message and a set of instructions not typical, they even misspell e-mail domain and usually do not give the full details and contact of senders.
When you see these warning signs, Manager Calugay said that the best thing to do is to contact Bank of Commerce immediately to verify the report. Do not reply or click any link in the suspicious message and most importantly do not give any personal and financial information being requested.

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