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Watch out for Text Scams

What is Phishing?

Phishing is a type of cyber attack where scammers attempt to trick you into divulging sensitive information such as account numbers, passwords, or other personal details. They often do this by pretending to be a trustworthy source, such as your credit union.

How Phishing Text Messages Work

Phishing text messages, or "smishing" as they are sometimes called, may look like they come from a legitimate source. They often include alarming messages designed to create a sense of urgency or fear. For example:

  • "URGENT: Your account has been compromised. Click this link to secure your information."
  • "We need to verify your account details immediately. Reply with your credentials to avoid suspension."
  • "Congratulations! You've won a prize. Click here to claim it."

These messages may contain links that lead to fake websites designed to steal your personal information or may ask you to reply with sensitive data.

How to Recognize Phishing Texts

  1. Unexpected Messages: Be wary of unsolicited messages, especially those requesting personal or financial information.
  2. Urgency and Threats: Scammers often use urgent language or threats to pressure you into acting quickly without thinking.
  3. Suspicious Links: Avoid clicking on links from unknown or unexpected sources. Hover over any link (without clicking) to check if the URL looks legitimate.
  4. Grammatical Errors: Many phishing messages contain spelling or grammatical mistakes.

What You Should Do

  1. Do Not Respond: Never reply to or engage with phishing texts. Our credit union will never ask for sensitive information via text message.
  2. Verify Contact: If you receive a message claiming to be from us and it seems suspicious, contact us directly using official phone numbers or email addresses. Do not use any contact information provided in the message.
  3. Report Suspicious Messages: Forward any suspicious texts to us at contactus@mycvcu.org so we can take appropriate action.
  4. Stay Informed: Keep up-to-date with the latest security practices and watch for alerts from your credit union regarding potential scams.

Protecting Your Information

Regularly review your account statements for any unauthorized transactions and change your passwords periodically. Consider enabling two-factor authentication for an extra layer of security.

We're Here to Help

Your security is our top priority. If you have any questions or concerns about phishing or your account security, please do not hesitate to reach out to us. Our team is here to assist you and ensure your financial information remains protected.