Bank of America EDD/Login Scam Alert
Author: Trend Micro
Do you have an account with Bank of America (BofA)? Have you ever received text messages from BofA that instruct you to click on an attached link? Beware: DON’T click on anything — you could end up exposing your credentials!
Common Bank of America Scams
Scammers will pose as Bank of America and send text messages and/or emails with phishing links, using various excuses to do so.
1. Fake Security Alert / EDD
For example, they falsely claim that your account has been restricted due to some security issue.
Source: Reddit
- Bank Of America Alerts: Your debit access has been restricted due to transfers attempts. see here: <URL>
- B.0.A: We locked your debit due to irregular activity. Please visit <URL> to unlock
Alternatively, they will try and trick you into visiting the link in order to reactivate your EDD (Employment Development Department) prepaid debit card:
Source: Reddit
- BANK OF AMERICA EDD: Your Bank of America EDD Prepaid Debit Card has been temporarily suspended and requires verification to activate. Please click the link below to re-activate your Bank of America EDD Prepaid Card to continue using <URL>
The scammers’ goal is to steal your personal information. After prompting you to confirm the security status of the account, they will lead you to a fake login page. The credentials you submit here will end up in the scammers’ hands, which they can use to enter your account and take all your money. Don’t let them!
Source: Reddit
2. Fake Gifts / Offers
In other instances, scammers use free offers and gifts as a lure. Promising you some prize, scammers will prompt you to click on the link that leads to phishing websites (most of the time they are fake online survey pages).
Source: Reddit
- <Subject:ftktz>Bank Of America Hurry up! Offers Have arrived! ($$9O value). /.//storage[.]googleapis[.]com/
Fake reward scams also circulate in phishing emails:
Source: Reddit
- Bank of Amerix Congratulations, this email has only been sent to 10 customers in your area. In this way, we would like to thanks you for being here for us. You are one of the current customers to win an exclusive reward <Confirm Here> Please tell us about your Bank of Americ experiencer and as a thank you, you can select from several exclusive offer rewards! start now
3. Fake Shipment Notification
Scammers also target those who sell things online. They will impersonate potential buyers and send an email to the seller, instructing them to send the goods, falsely claiming that they have already paid with Zelle. (Of course, they’ve never paid a cent, and your goods will vanish with no trace!)
Source: Reddit
How to Protect Yourself
- Double-check the sender’s mobile number/email address.
- Free gifts or prizes are always a major red flag.
- Turn to the bank’s official website to confirm any details regarding your benefit payments.
- NEVER click links or attachments from unknown sources. Use Trend Micro Check to detect scams with ease!
Trend Micro Check is an all-in-one browser extension for detecting scams, phishing attacks, malware, and dangerous links — and it’s FREE!
After you’ve pinned Trend Micro Check, it will block dangerous sites automatically! It’s available on Safari, Google Chrome, and Microsoft Edge.
Check out this page for more information on Trend Micro Check.
- Don’t forget to add an extra layer of protection to your device with Trend Micro Maximum Security! It includes Web Threat Protection, Ransomware Protection, Anti-phishing, and Anti-spam Protection to help you combat scams and cyberattacks. Click the button below to give it a try:
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