National Cybersecurity Awareness Month

Today Bank of Botetourt joins the American Bankers Association and banks across the nation in launching a first-of-its-kind, industry-wide campaign to educate consumers about the persistent threat of phishing scams. The Federal Trade Commission estimates that consumers lost $1.48 billion to phishing schemes in 2018 with the ongoing pandemic increasing the threat. To combat phishing, the #BanksNeverAskThat campaign uses attention-grabbing humor and other engaging content to empower consumers to identify bogus bank communications asking for sensitive information like their passwords and social security numbers.

“This campaign is an unprecedented effort by the banking industry to address a growing threat to our customers,” said Rob Nichols, ABA President and CEO. “Thanks to participating banks like Bank of Botetourt, we’re turning the tables on the bad guys by giving consumers the tools they need to spot illegitimate bank communications.”

Together Bank of Botetourt, the ABA and banks across the country launch this campaign on October 1st. This will coincide with the commencement of National Cybersecurity Awareness Month. Throughout October Bank of Botetourt will share eye-catching and engaging short videos, animated GIFs and consumer tips on social media and in bank branches designed to highlight common phishing schemes. Because cybersecurity education and fraud awareness can often be dull and forgettable to many consumers, the campaign is designed to be bright and bold with a bit of humor.

“We are pleased to partner with the ABA on this campaign to help bring awareness to our customers regarding the threats of identity theft,” said G. Lyn Hayth, III, BoB President & CEO. “Protecting our customers and equipping them with the information to help protect themselves is extremely important.”

The campaign’s short videos offer similarly ridiculous questions that banks would never ask and direct consumers to BanksNeverAskThat.com for more information. At that website, consumers will find the #BanksNeverAskThat quiz, videos, phishing red flags, tips and FAQs.

For more information about phishing scams and how to stop fraudsters in their tracks, visit www.BanksNeverAskThat.com and follow us on social media.

Banks Never Ask That

 

Win Big All Month Long!


October is National Cybersecurity Awareness Month, which means there’s no better time than now to boost your scamspotting knowledge. Take the five-minute quiz and become a scamspotter pro! Share your scam score on Twitter for a chance to win weekly prizes, courtesy of the American Bankers Association.

Each Friday in October the ABA will draw 15 winners. One lucky grand-prize winner will receive $1,000—will it be you?

 

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