Why Your Bank Account Can Be Hacked

These days we rely on the digital world more and more. It’s not a bad thing per se, of course. After all, the online world can fully accommodate our needs and help us be more efficient and productive with our time. Yet, the Internet can also be full of dangers unless we are careful enough. Our banking information, for example, is some of the most valuable and yet vulnerable data that we all possess. Online or offline, this data can be compromised in numerous ways, many of which stay anonymous to us till the very end. However, knowing about those methods is what can help you protect your data. So, let’s see why your banking account can be hacked and how to avoid it.


Phishing is probably the oldest trick for hacking bank accounts. That is also the reason your parents may be so hesitant about paying online or opening links you send them. Back in their day, phishing was even more common than now, mainly because digital security was in a much worse place than it is now. You can learn more about the progress in digital security by having papersowl writers complete research on this topic for you.

So, the essence of phishing lies in its name. It is a process of targeting people and making them follow your lead. Thus, hackers tend to send users emails or messages, convincing them to click on links. Once you do it, consider your personal information, including bank data, breached. Next, hackers can use the received info according to their needs. Often, such emails can be sent from hacked accounts of real people and enterprises, so people have more reasons to open those emails.

So, to avoid getting ‘phished’ try to be careful about what emails you receive and open. For example, always check the address of a sender and avoid odd emails. Also, if a message comes from someone you know but yet seems strange to you, ask the sender about it. Perhaps this person has been hacked.

Fake Banking Apps

These days, fake banking applications are getting more and more popular. Of course, it is easy to see why. Online banking has replaced traditional banks. So now people operate their finances from anywhere they want using only a device and a special app. Hence, hackers use our trust in online banking and turn it to their advantage. False applications usually look exactly like the real ones. After all, the original looks earn more trust among the users.

Once you have installed such an app, you unknowingly give away all banking information, often including even the access to all further verification codes that come to your mobile number. So, the best one can do in such a situation is to be careful when downloading such applications. First of all, make sure that the app you choose has many reviews. If it’s not, such a thing should already be suspicious.

Not being cautious enough

Just being cautious enough once online is the best method to protect your banking accounts. One, it’s best to never open your bank accounts when on public Wi-Fi. Actually, it’s best not to use such networks at all, at least without using VPN protection.

You may think that spending a break in a coffee shop, catching up on some work, checking essaypro reviews, or just scrolling through social media feeds can’t be that dangerous. However, every time you connect to public Wi-Fi you put yourself in a vulnerable position. For example, every time you enter your email password, someone can pickpocket it right away. The further steps are already simple. So, do install a VPN application that can protect you from any unwanted watchers.


Card-skimming has been a thing since probably the invention of ATMs. Yet, it still prevails. Thousands of people become victims of card-skimming schemes every year. However, these days, those schemes are becoming more progressive and hard to catch. So, the most traditional scheme is, of course, hacked ATMs.

One way to avoid this is to use ATMs in trustworthy places, like banks, office buildings, etc. Next, always pay attention to your surroundings. Have a good look at an ATM before inserting your card. There can be a skimmer attached. Overall, better trust your gut and avoid using your cards in shady places.

Online stores’ data breaches

Sometimes, it is really not your fault. A person can do everything right, stay careful and shop only on reliable sites and retailers… and still have their data compromised. So how is it possible? Well, online stores can also become victims of hacking attacks. However, in such cases, they are not the primary targets. Hackers are looking for the baking data of their clients. Thus, if a site’s data has been breached, your banking details were also compromised.

Now, responsible sites should inform all their clients at once about the data breach. Once you receive such a message, your actions should be swift and firm. Even if your bank account seems to be untouched for now, you still better go ahead and block your card or change the card information. You can also inform the bank about those unfortunate events and they will be able to find the best approaches to handle the situation.

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