How to Protect Your Account Information from Phishers and Hackers
Banks and other financial institutions require our personal information and other contact details when we open an account with them. This is part of the security procedure in order to ensure that they will be dealing with the account holder only. Some of us find it very cumbersome when banks have many verification methods before they process our requests, even if it is simply an SOP in order to prevent phishing and not be victimized by hackers. Phishers and hackers have become very creative in their trade lately. They write letters through our emails informing us of irregularities in our accounts; they also provide a fraudulent link that will allegedly allow us to check that irregularity and wham, they get access to our account, use the money there and before we know it, our savings is gone. Scary; right?