Often considered the most widespread crime of the 21st century, financial fraud is sweeping its way across the world as high-tech fraudsters instigate a disturbing collection of scams to pillage unsuspecting people’s bank accounts.

Just like yours.

Too many people have found themselves victims of bank fraud. So, to decrease the chances of it ever happening to you, here are five steps to protect yourself against bank fraud.

  1. Always keep security details private

The rise of online banking has created new ways for hackers to commit bank fraud. In order to keep your accounts safe, when on the phone, sending emails, or entering details online, never disclose personal information unless you are confident you know who you are dealing with, and it is a reputable company or person.

When you are on an unencrypted website or are sending an unencrypted email, never include personal information such as credit card …