Fraud Alert: Corporate Account Takeover Scams
We want to make our customers aware of a recent increase in corporate account takeover attempts targeting business banking users.
Fraudsters are posing as bank representatives, contacting customers by phone to “verify” transactions. They follow up with an email containing a link to a fake login page designed to capture online banking credentials. Once the customer enters their information, the fraudster accesses the real bank website and requests the customer’s multi-factor authentication (MFA) code—giving them full control of the account, including transaction capabilities.
Please Remember:
- The bank will never ask for your MFA code.
- Do not share your MFA code with anyone, even if they claim to be from the bank.
- If you receive a suspicious call or email, hang up immediately and contact us directly.
Your vigilance is key to protecting your accounts. If you believe you’ve been targeted, report it to us right away so we can take swift action to secure your information.