Avoiding Phishing Scams

At Broadway Bank, our commitment to serving Texans and Texas businesses extends beyond just providing financial services. We take the security and well-being of our customers seriously. In today's digital age, protecting your financial assets goes hand in hand with safeguarding your online presence. That's why we are dedicated to raising awareness about one of the most prevalent and dangerous cyber threats: phishing attacks.

What is Phishing?

Phishing is a deceptive practice by cybercriminals to trick users into sharing sensitive information or installing malicious software onto personal devices. These attackers disguise themselves as trustworthy sources, often via email, in an attempt to compromise your personal information and financial security.

Recognizing Phishing Attempt

To protect yourself from falling victim to phishing scams, it's crucial to learn how to identify and avoid them. Here are some tips to help you stay vigilant:

Check for misspellings and suspicious links: Phishers often use deceptive URLs that closely resemble legitimate websites. Be cautious of misspelled domain names or suspicious links in emails. Always hover your cursor over a link to preview the actual web address before clicking.

Generic greetings: Legitimate organizations address you by name in their communications. If you receive an email with a generic greeting like "Dear user" or your email address instead of your name, it should raise a red flag.

Exercise caution with attachments and links: Do not click on attachments or links from unknown senders or unexpected emails. Verify the authenticity of the sender by contacting them through a trusted method, such as a phone call, before proceeding.

Never share sensitive information: Legitimate companies will never request sensitive information like passwords, Social Security numbers or account numbers via email. Be extremely cautious about sharing personal data and do not respond to such requests.

Beware of pressure tactics: Phishers often use urgency or threats to manipulate victims into taking immediate action. If an email pressures you to act fast or threatens dire consequences, take a step back and evaluate the situation before responding.

We’ll never ask you for your Online Banking one-time passcodes. This is sensitive information and should not be shared with anyone.

The Importance of Phishing Awareness

Developing the ability to recognize and avoid phishing scams is a vital cybersecurity skill in today's digital landscape. By following these guidelines, you can minimize the risk of falling prey to cybercriminals who seek to exploit your personal and financial information.

Broadway Bank remains dedicated to not only providing exceptional financial services but also ensuring the safety and security of our valued customers. Phishing attacks are on the rise, and it is our responsibility to empower you with the knowledge needed to protect yourself from these threats.

By staying informed and vigilant, you can strengthen your defenses against phishing scams and continue to enjoy the peace of mind that comes with banking at Broadway Bank. Your financial security is our top priority, and together, we can outsmart cybercriminals and keep your assets safe.