Banks Should Work Even Harder To Fight Impostor Fraud

It was a sunny Saturday afternoon when I got a phone call that looked like it came from my bank.

The caller said there seemed to be suspicious activity on my checking account. Could I provide my login credentials to this helpful man safeguarding my funds so he could review the transactions? Cheering my bank’s proactivity, I did not question why he wanted the credentials. I hung up the phone, satisfied and carefree.

Little did I know that I had just become a victim of account…