Security Alerts & Scams
At TrustTexas Bank, we want to keep you updated about the latest threats to you and your online security so you can take steps to safeguard your sensitive information.
Fraudsters have become increasingly adept at getting cardholders to share the information they need to commit fraud by posing as financial institution call center agents, or by sending text messages that look like they are coming from our institution, warning of suspicious transaction activities.
We want to provide you with the following tips to help you avoid compromising your personal information:
What if I call the number on the postcard?
We advise our customers NOT call the number listed. Calling the number may connect you with a real person, or it may connect you to automated recording prompts. Regardless, do not offer them your personal information.
What should I do if I get this postcard?
The best thing to do is disregard the postcard. Dispose of it however you would any other junk mail you receive. In addition, you are always encouraged to contact us directly should you have questions about such matters.
With the sensitive information obtained from successful phishing and pharming scams, thieves can take out loans or obtain credit cards or even driver's licenses in your name. They can do damage to your financial history and personal reputation that can take years to unravel. Phishers and pharmers are able to convince up to 5% of recipients to respond to them.
"Phishing" - It's pronounced "fishing," and that's exactly what these thieves are doing: "fishing" for your personal financial information. Phishing attacks are "spoofed" e-mails designed to fool recipients into divulging personal financial data such as credit card numbers, account usernames and passwords, Social Security numbers, etc.
"Pharming" - This type of Internet piracy attempts to take advantage of slight misspellings in domain names to trick users into inadvertently visiting the pharmer's fraudulent website. For example, a pharmer may redirect a user to anybnk.com instead of anybank.com, the site the user intended to access. In some cases, a pop-up window will quickly appear for the purpose of harvesting your financial institution.
Here's how it works:
In a typical case, you'll receive an e-mail that appears to come from a reputable company that you recognize and do business with, such as your financial institution. In some cases, the e-mail may appear to come from a government agency, including one of the federal financial institution regulatory agencies.
The e-mail will probably warn you of a serious problem that requires your immediate attention or your account will be shut down unless you reconfirm certain information. It may use phrases, such as "Immediate attention required," or "Please contact us immediately about your account." The e-mail will then encourage you to click on a button to go to the institution's website.
In either case (phishing or pharming), you may be asked to update your account information or to provide information for verification purposes: your Social Security number, your account number, your password, or the information you use to verify your identity when speaking to a real financial institution, such as your mother's maiden name or your place of birth.
Please click the link below to read this article from FDIC Consumer News – Summer 2017
The Federal Trade Commission, the nation’s consumer protection agency, wants you to know that counterfeit check scams are on the rise. Counterfeit or fake checks are being used in a growing number of fraudulent schemes, including foreign lottery scams, check overpayment scams, Internet auction scams, and secret shopper scams. Click here to learn more.
A chance to try something out for free? What have you got to lose? If you're interested in a particular product or service, trying before you buy might seem like a no-brainer. But what starts as a free trial — or for a very low cost — might end up costing you real money.
The Federal Trade Commission, the nation's consumer protection agency, wants you to know that some companies use free trials to sign you up for more products — sometimes lots of products — which can cost you lots of money as they bill you every month until you cancel. Click here to learn more.
Some scammers call and claim to be computer techs associated with well-known companies like Microsoft or Apple. Other scammers send pop-up messages that warn about computer problems. They say they’ve detected viruses or other malware on your computer. They claim to be “tech support” and will ask you to give them remote access to your computer. Eventually, they’ll diagnose a non-existent problem and ask you to pay for unnecessary – or even harmful – services.