How Online Criminals Steal Your Financial Information

Online predators across the world are using phishing or fake emails to millions of internet users to get their user ids and passwords of the financial institution they bank with. Hackers create a look-alike copies of the financial institution’s website and prompt the users to enter their user ids and passwords.

They prompt you to enter the information by telling you that your account has been locked, or there is an error in your account, or that an unauthorized activity has been notices in your account. They then prompt you to enter your user id and password to check the account details. At times, they also prompt the users to change their passwords. The users are cheated into entering the details at a fraudulent site without realizing that the information provided by them may make them the victims of phishing scams or fraud. Read more