(WTAQ-WRN) — Security experts are warning of a new type of scam targeting your banking information.
It’s called “smishing” and refers to spam mail in your text messages.
Paul Benda with the American Bankers Association says the fake texts can look convincing.
“It’s a fraud alert asking you if you’ve made a purchase,” said Benda. “You hit ‘Yes’ and someone then immediately calls your number and then tries to convince you that they’re from your bank.”
Those scammers will try to get your banking passwords and information, or try and get you to send them money.
Benda says no bank will ever ask you for your username and password over the phone, so if you get one of these calls or texts, just ignore it.
