Five ways bank scammers get your cash - and how to protect yourself

"Scammers use a variety of techniques to trick you into parting with your cash. There are some ways to prevent it happening"

"How do scammers get trick you into unwittingly handling over passwords or details about your accounts so they can steal your money? There are a number of common techniques in circulation, with specific warnings against them provided by Irish banks and groups such as the Banking and Payments Federation of Ireland."

Scammers use a range of social-engineering and technical methods to persuade people to disclose passwords, account numbers and other sensitive data that enables financial theft. Common techniques include phishing emails, phone calls impersonating banks, deceptive links and fraudulent websites designed to harvest credentials. Specific warnings and guidance are issued by Irish banks and industry bodies such as the Banking and Payments Federation of Ireland. Preventive steps include verifying requests through official channels, never sharing passwords or PINs, using two-factor authentication, keeping software updated, and promptly reporting suspected scams to the bank and relevant authorities.

Read at Independent