Finance Tip: How to Protect Yourself from Phishing Scams

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For more than 150 years, Kennebec Savings Bank has offered finance tips to individuals, nonprofit organizations, and municipalities to educate them on current trends when it comes to financing. 

Our goal is to provide valuable advice on setting and achieving financial goals, protecting your financial security, and expanding your financial education.

Whether you are just starting your journey towards financial independence or looking to improve your current financial situation, our tips and resources are here to help you navigate the complex world of finance. 


Protecting Yourself from Phishing Scams





































In today’s digital age, phishing scams are becoming more sophisticated, and it's crucial to stay vigilant in protecting your personal information. Phishing occurs when criminals pose as a trusted source, like your bank, and try to trick you into giving away sensitive details, such as passwords or account numbers. These scams can come in many forms, including emails, text messages, and even phone calls.

At Kennebec Savings Bank, your security is our top priority, and we are committed to helping you safeguard your financial information. Here are some important tips to help you avoid falling victim to phishing scams:

1. Verify the Sender’s Information

Always double-check the email address or phone number of the sender. Phishers often use addresses or numbers that look similar to trusted organizations but may have slight variations. For example, an email might come from “yourbank@secure-mail.com” instead of a legitimate address. Take the time to examine the sender's information carefully before you act.

2. Be Cautious with Links and Attachments

Avoid clicking on any suspicious links or downloading attachments from unknown or unexpected sources. Even if an email looks like it's from a reputable company, hovering your mouse over a link can reveal if it leads to a legitimate website. When in doubt, go directly to the website by typing in the URL instead of clicking on a link.

3. Trust Your Instincts

If something doesn’t feel right, trust your gut. Phishing emails or texts often create a sense of urgency to pressure you into acting quickly. If you receive a message asking for personal information or payment, pause and verify the request by contacting your bank or service provider directly through a trusted method, such as a known phone number or the company’s official website.

4. Use Two-Factor Authentication (2FA)

Whenever possible, enable two-factor authentication for your accounts. This extra layer of security requires not only your password but also a secondary form of identification, such as a code sent to your phone or an authentication app. Even if a phisher manages to get your password, 2FA can prevent them from accessing your account. Learn more about The Importance of Multi-Factor Authentication.

5. Remember: Your Bank Will Never Ask for Personal Information Unsolicited

It’s important to remember that your bank will never ask for your personal or financial information through unsolicited emails, texts, or phone calls. If you didn’t initiate the contact, be extra cautious about sharing any details.

At Kennebec Savings Bank, we are here to support you in keeping your finances secure. By following these tips, you can take an active role in protecting yourself from phishing scams. If you ever have questions or concerns about suspicious communications, don’t hesitate to reach out to us. Together, we can work to keep your accounts safe and secure.



Written By: Andrew Silsby, President & CEO | October 1st, 2024