First Southern National Bank
splash

Coronavirus News Cycle Provides Opportunity for Scammers

The Coronavirus is all over the headlines of every news outlet around the world. By now, you’ve likely heard about it. Scammers have too, and they are taking advantage of the fear surrounding the outbreaks.

Your personal information and financial security are of utmost importance to First Southern National Bank. This is why we do our best to keep you updated on the latest scams as we are made aware of them and provide helpful tips on how to help prevent fraud whenever possible.

According to the Federal Trade Commission, scammers are setting up websites to sell false products related to the Coronavirus and they are using fake emails, texts, and social media posts as a ploy to take your money and personal information.

While these websites and social media posts may be promoting awareness and prevention tips, they could potentially also ask for donations for victims, give false advice on treatments, or contain harmful email attachments.

Here are some tips from the FTC to help you keep these Coronavirus scammers from taking advantage of you:

Never click on a link from an unknown source.

Clicking unknown links could potentially download a virus onto your computer or device. Also, make sure the anti-malware and anti-virus software on your computer is updated.

Watch for false email claims.

Emails claiming to be from the Centers for Disease Control and Prevention (CDC) or experts stating that they have information about the virus are the most common. For the most up-to-date information about the Coronavirus, visit the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO).

Ignore online offers for vaccinations.

Do your homework when it comes to donations.

Whether you make donations through charities or crowdfunding sites, if someone wants donations in cash, by gift card, or by wiring money, don’t do it.

Be alert to “investment opportunities.”

The U.S. Securities and Exchange Commission (SEC) is warning about online promotions, including on social media, claiming that the products or services of publicly-traded companies can prevent, detect, or cure Coronavirus and that the stock of these companies will dramatically increase in value as a result.

Take a look at the entire article as well as find out information on the latest scams at https://www.consumer.ftc.gov/blog/2020/02/coronavirus-scammers-follow-headlines


Jenna Walker
Communications Specialist

(606) 365-3555 Ext: 19405
Email: jwalker@fsnb.net