Northwest Bank Shares Best Practices for Fraud Protection and Cybersecurity This Holiday Shopping Season
According to Norton’s 2023 Holiday Cyber Safety Insights Report, online shopping scams are the most commonly reported scam during the holiday season, with victims losing an average of $1,500 during the holidays. One of the most prevalent online shopping scams includes fake shopping websites. These websites work by stealing consumer’s financial information or scamming buyers into spending money on products that will never arrive.
“Security is a high priority for our customers here at Northwest,” said Lance Spencer, chief information security officer at Northwest Bank. “As online shopping continues to grow in popularity, it’s vital that we educate consumers on how to protect themselves against costly scams – especially during the busy holiday shopping season.”
Northwest recommends the following best practices when shopping online to ensure a safe holiday season:
For Northwest Bank customers who believe they may have fallen victim to an online shopping scam this holiday season, the Northwest security operations team encourages customers to call its fraud hotline at 1-877-672-5678. To learn more about Northwest Bank’s cybersecurity tips, please visit: https://www.northwest.bank/security-center/.
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