Criminals know it's difficult to defeat these systems, so they focus on customers directly, tricking their victims into revealing confidential information.Avoid becoming a victim by knowing how to protect your information and your mobile devices, and understand how criminals use scams to try to defraud people.
The focus needs to change so effective, consistent and repeatable warnings are given, and the ongoing losses are stopped.
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Types of internet banking fraud include phishing and mule recruitment, and can happen through your smartphone, tablet and other mobile devices.
Banking on your computer, tablet or smartphone is so convenient and banks protect your accounts with sophisticated software systems.