PayPal scams are on the rise — keep your money safe with these tips

Skip to Main Content
Online Access

Online Access

BankSouth offers immediate and easy access to your mobile and online banking. You can also apply for and review your ReadyLoan mortgage application.

Learn More

Banking Resources

Banking Resources

Every financial situation is unique. Explore our many resources available to you to make wise decisions when it comes to managing your money.

Be Smart With Money

Mortgage

Mortgage

For over ten years, BankSouth has helped thousands of families finance their homes.  We know how daunting this may be, but we take the worry and hassle out of the process.

Learn MoreStart Your Application

Top 10 Ways to Be Cyber Smart

Sep 30, 2021 Personal

Keeping your personal information safe is always a top priority of ours. With increased access and use of technology and the Internet for online shopping, social media, online banking and so many more everyday activities, it’s very important that you do your part in keeping your personal information and finances safe and secure online.

Let’s start with these top 10 ways to become Be Cyber Smart:

1) Make long, unique passphrases

Passphrases are a sentence-like string of words and the best way to create long and complex passwords. A strong passphrase is at least 12 characters long. Think of a phrase or sentence that is easy for you to remember when setting up account credentials.

2) Use Two-Factor Authentication

If your account allows for Two-Factor authentication, it’s always best to take advantage of it. Two-Factor Authentication, like one-time unique codes, is just one extra step to secure your information from hackers and verify it’s actually you who’s attempting to access your accounts.

3) Avoid clicking on suspicious links

Links are an easy way to unintentionally give cyber criminals access to your personal information. Think before clicking links and downloading files in emails, text messages, and social media messages and posts.

4) Keep a clean machine

You can reduce the risk of ransomware and malware on your devices by keeping your computers, phones, tablets and software updated. Check to see if your devices are set to auto-update or notify you when it’s time for an update.

5) Back up your data

Be sure to back up your data and store it safely to avoid cyber threats. The National Cybersecurity Alliance recommends the 3-2-1 rule: keep at least three (3) copies of your data, and store two (2) backup copies on different storage media, with one (1) one of them located offsite.

6) Check your privacy and data settings

For every new account, new app or new device you get, always configure the privacy and security settings to your comfort level and check them on a regular basis to be sure the parameters you set are still in place.

7) Share with care

Think before you share online. Always consider what your posts and profiles reveal about you and how it may affect you and others. To be safe, limit the amount of personal information you share to avoid hackers guessing your password and scammers’ phishing attempts.

8) Think twice about Wi-Fi Hotspots

Public Wi-Fi and hotspots are not always secure, which means anyone can potentially see what you’re doing on your phone or computer when you’re connected to them. Always check to make sure you’re using the correct Wi-Fi network for the business you’re visiting, avoid visiting sites with your personal and sensitive information and consider using a VPN (virtual private network) for a more secure connection.

9) Get smart with security questions

Your information is everywhere on social media! One can easily find out your high school mascot or favorite restaurant. When setting accounts with security questions make sure you answer them with an incorrect answer.

10) Use biometrics

Biometric recognition is one of the most secure ways of identifying someone. Many devices today use biometrics to unlock or to gain access to secure locations. Currently, the most widely used technology for biometrics is fingerprint recognition. Make sure to setup your devices for Face ID or fingerprint recognition today.

Let’s work together to Be Cyber Smart!

Source: National Cybersecurity Alliance

Other Resources:
Avoiding and Reporting Scams

Elder Financial Abuse

Recent Posts

View our latest news and get the latest industry updates on our blog.

beware of paypal scams
Beware of PayPal impersonation scams targeting BankSouth customers, fraudulent offers for student loan forgiveness, and vacation travel scams this month. Stay aware and protect yourself from falling victim to these common fraud schemes. Top 3 Ways to Keep Your Money...
paypal app with notification bubble
If you’re a user of PayPal, you probably enjoy the convenience it brings by allowing you to easily move money around. In today's digital age, with online payment platforms like PayPal that offer convenience and flexibility, ensuring the security of...
bank customer signing up for online bank statements or e-statments
In today’s digital age, convenience, security, and sustainability are paramount considerations for consumers seeking banking solutions that align with their modern lifestyles and values. E-Statements, also known as electronic statements or online statements, have emerged as a popular alternative to...