{"id":12874,"date":"2021-08-14T09:00:16","date_gmt":"2021-08-14T16:00:16","guid":{"rendered":"https:\/\/socialcatfish.com\/blog\/?p=12874"},"modified":"2021-07-23T14:32:27","modified_gmt":"2021-07-23T21:32:27","slug":"national-financial-awareness-day-how-to-protect-my-bank-account","status":"publish","type":"post","link":"https:\/\/wp.socialcatfish.cloud\/scamfish\/national-financial-awareness-day-how-to-protect-my-bank-account\/","title":{"rendered":"National Financial Awareness Day: How To Protect My Bank Account"},"content":{"rendered":"

National Financial Awareness Day is just around the corner, reminding you to pursue financial independence, be more aware of your spending, and manage your investments wisely<\/a>. Now, you might be asking the most important question of National Financial Awareness Day: how to protect my bank account.<\/a>\u00a0First, you need to know how scammers can access your bank account<\/a>, how to protect your bank account from scammers, how to recover your bank account<\/a> after a scam, and how to avoid online scams.<\/a> If you want to learn how to protect your savings and your future, keep reading!<\/p>\n

How Can Scammers Access Your Bank Account?<\/h2>\n[aesop_image img=”https:\/\/socialcatfish.com\/scamfish\/wp-content\/uploads\/2021\/08\/Dollars-with-blue-lighting-954925-scaled.jpg” panorama=”off” imgwidth=”100%” align=”center” lightbox=”off” captionsrc=”custom” captionposition=”center” revealfx=”off” overlay_revealfx=”off”]\n

While the internet allows you to work, shop, study and manage your finances online, you might encounter various online scams<\/a> that can take away everything you\u2019ve worked hard for. For instance, you could be a victim of identity theft<\/a>, where scammers collect your personal and financial information and use it to gain access to your bank account.<\/a> Once you make the mistake of handing them the information they needed, they\u2019ll drain as much of your money as they can.<\/p>\n

Most online scams take advantage of your emotions and weaknesses<\/a> \u2014 offering huge prizes in exchange for an up-front fee, advertising tempting work-from-home opportunities that are non-existent, or acting as a genuine online partner but is actually a romance scammer. So, apart from suffering financial losses, you might also experience mental or emotional distress, especially if someone threatens to blackmail you if you don\u2019t give in to what they want.<\/p>\n

How To Protect Your Bank Account From Scammers<\/h2>\n[aesop_image img=”https:\/\/socialcatfish.com\/scamfish\/wp-content\/uploads\/2021\/08\/pexels-karolina-grabowska-4386374-scaled.jpg” panorama=”off” imgwidth=”100%” align=”center” lightbox=”off” captionsrc=”custom” captionposition=”center” revealfx=”off” overlay_revealfx=”off”]\n

Follow the steps below to help protect your bank account from scammers.<\/p>\n

Use Two-Factor Authentication<\/h3>\n

Through two-factor authentication<\/a>, you have an extra layer of defense against online scams. Aside from entering your password, you need to provide another piece of information to verify your identity. So, even if scammers figure out your password, they\u2019ll find it hard to log in to your account unless they know the verification code too.<\/p>\n

Use Strong Passwords<\/h3>\n

This step might sound simple, but many end up using passwords that they can easily remember and even the same passwords for all accounts. Instead of making yourself vulnerable to scammers, create strong and unique passwords.<\/a> To help you safely store your different passwords for each account, consider using a password manager.<\/p>\n[aesop_image img=”https:\/\/socialcatfish.com\/scamfish\/wp-content\/uploads\/2021\/08\/pexels-karolina-grabowska-4386465-scaled.jpg” panorama=”off” imgwidth=”100%” align=”center” lightbox=”off” captionsrc=”custom” captionposition=”center” revealfx=”off” overlay_revealfx=”off”]\n

Purchase From Secure Sites Only<\/h3>\n

Given the prevalence of online shopping scams, make sure to buy from safe and secure websites only.<\/a> Check whether the online store is legitimate and is not just an imitation. Also, use your credit card instead of your debit card, as the former keeps you more protected.<\/p>\n

Avoid Public Wi-Fi<\/h3>\n

Using public Wi-Fi<\/a> to read the news or perform basic research may not cause you harm. But if you use it to open your online bank account, you might find yourself in trouble. Hackers can easily gain access to your login details and steal your money. So, only log in to your account using safer networks.<\/p>\n

How To Recover Your Bank Account After a Scam<\/h2>\n[aesop_image img=”https:\/\/socialcatfish.com\/scamfish\/wp-content\/uploads\/2021\/06\/pexels-alexander-mils-2068975-scaled.jpg” panorama=”off” imgwidth=”100%” align=”center” lightbox=”off” captionsrc=”custom” captionposition=”center” revealfx=”off” overlay_revealfx=”off”]\n

If you have been a victim of a scam, recover your bank account with the help of the following:<\/p>\n