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Avoid cyberfraud this holiday season

With increased online shopping, vigilance is key

Cybercriminals are constantly finding new ways to cheat others – through phishing, smishing, telephone hoaxes, and other types of fraud. A good rule to follow is to be always on guard when doing business online, and to make certain that the other party is truly who we think they are.  

When we receive messages, we should take a moment and think about the contents.

  • Never agree to log in with your e-ID unless you intended to do so.
  • Never give anyone else access to your online bank.
  • Never be fooled by offers that look too good to be true.
  • Never send a photograph of your passport.
  • Never give strangers access to your computer or phone via programs such as AnyDesk or TeamViewer. Banks and securities exchanges to not take over your computer equipment.
  • Never share a code sent to your phone unless you have read the message thoroughly and consent to it. More on secure payment card transactions
  • Activate two-phase identification so as to protect your access in case someone else obtains your password.
  • If it’s too good to be true… it’s too good to be true.

Further information on cybersecurity can be found on Íslandsbanki’s website.