Cyber Fraud and Bank Statements: Everything You Must Know to Stay Safe

In today’s digital-first world, convenience has a price — and that price often comes in the form of increased vulnerability to cyber fraud. Our bank accounts, once shielded by physical passbooks and in-person transactions, now live in the cloud, connected to everything from mobile banking apps to online shopping platforms.While technology has made banking faster and easier, it has also created opportunities for cybercriminals to exploit personal and financial information. One often-overlooked gateway for such fraud is your bank statement.Bank statements might seem like harmless financial records, but they contain sensitive details that can be misused by fraudsters for identity theft, phishing scams, and unauthorized transactions. Whether you receive them in physical form or via email, knowing how cybercriminals target and exploit this information is crucial.