Urgent warning to bank customers! Be extremely cautious of advertisements appearing on social media platforms like Instagram that claim to be from major financial institutions, specifically mentioning BMO and EQ Bank. These ads are confirmed scams designed to trick you.
Fraudsters are creating sophisticated, fake ads that look legitimate, often promoting unbelievably high-interest investment opportunities or special offers. Their goal is simple: to lure you into clicking malicious links that lead to fraudulent websites. Once on these fake sites, they attempt to harvest your sensitive personal and financial information, including account details, passwords, and other private data, which they can then use for identity theft or to steal your funds.
Remember, official banks like BMO and EQ Bank will typically not solicit sensitive information or offer deals through unsolicited social media ads directing you to third-party sites. Always be skeptical of any ad that seems too good to be true, especially those requesting personal information or promising unrealistic returns.
To protect yourself, never click on links in suspicious ads. If you see an offer that interests you or looks questionable, go directly to the bank’s official website or use their verified mobile app to independently verify the information. You should also report any suspicious ads you encounter on social media platforms. Your vigilance is the best defense against these deceptive online threats. Stay safe and protect your finances!
Source: https://www.bleepingcomputer.com/news/security/instagram-ads-mimicking-bmo-eq-banks-are-finance-scams/
