Fraudulent Mobile Banking Apps

 

With a recent increase in fake mobile banking apps, we’d like to reshare our tips on how to avoid mobile banking malware and make you aware of these newest scams.  In these new scams, links to fake mobile banking apps are being sent as a text or email that appears to be from the customer’s bank.  Once downloaded, these fake apps can then capture a customer’s personal and financial information leading to ID Theft and unauthorized transactions.

As always, you should be wary of any texts or emails you receive requesting an update to your banking applications. These messages can often be deceptive and are designed to trick users into downloading malicious software.  If an update is required for your First Savings Bank app, the app itself will notify you when you access it.  We will not send texts or emails with a link for you to make that update.

We encourage you to only download banking apps from official app stores, which are linked on our Mobile Apps Directory, and to carefully verify the developer’s name to ensure authenticity. Fake apps often give themselves away through unusual permission requests, poor design quality, mismatched logos, or other suspicious details that don’t quite add up.  Apps with no ratings and reviews, or all recent reviews that are overly positive and generic can also be a red flag.

If you ever have any questions about a suspicious text, email or phone call you receive, please contact your local branch right away.