Fraudster trick – Email spam attack

Is your inbox suddenly being flooded with what seems to be a never-ending number of junk emails? It’s certainly a frustrating experience, but it may also be a tell-tale sign that you’re a victim of an email bomb and may have suffered financial harm.

An email bomb is a distraction technique used by cyber fraudsters to bury legitimate transactionTransaction The process where one person or party buys goods or services from another for money. Examples include taking money out of an account, buying something with a credit card or taking out a loan.+ read full definition and security messages in your inbox with hundreds or even thousands of duplicate junk emails. You may receive newsletter signups, online forum messages and other emails from websites you’ve never visited. The fraudster hopes that by overloading your inbox, you’ll miss important emails like accountAccount An agreement you make with a financial institution to handle your money. You can set up an account for depositing and withdrawing, earning interest, borrowing, investing, etc.+ read full definition sign-in attempts, updates to contact information, financial transaction details or online order confirmations. These activities may not have originated from you but rather, the fraudster.

If you are a victim of an email bomb, it could mean that a fraudster has compromised one or more of your financial accounts.

4 steps to take if you are email bombed

1. Review your account information

It may take some time but review your accounts for suspicious transactions. You may need to check bank, credit card, investmentInvestment An item of value you buy to get income or to grow in value.+ read full definition, loyalty program and other account statements. Some websites, like e-commerce platforms, will allow transactions to be archived. So, it’s important to check recent and archived transactions, or review all transactions after sorting by date.

2. Contact your financial institution

If you find suspicious transactions, report them immediately to your financial institution. You should also let them know what happened as they may be able to identify any additional suspicious activities.

3. Change your passwords

The fraudster may have accessed one or more of your accounts. Change your passwords and review your account settings, including any recovery contact information such as phone numbers.

Set better passwords using a combination of letters, characters and numbers. Regularly update your passwords, but do not reuse them.

4. Contact your email provider

Most email bomb attacks subside after a day or two. Your system administrator or email provider might be able to help you sort and delete the hundreds or thousands of junk emails you’ve received. You can also use email filters to clean out your inbox.

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