CYBERSECURITY

Be cyber secure: social media scams
Every day, people use social media to connect with one another. While the average user is connectingwith friends and family, cyber criminals are also actively using social media platforms to scam users
out of money and gain access to personal information.

Here are some common types of social media scams to look out for:•Romance/confidence scams. Cyber criminals will
create a fake online identity and try to establish atrusting and caring relationship. Once the relationshipis established the cyber criminal will deploy different
methods to ask for money.

•Fake celebrities. It is not uncommon to see
convincing imposter celebrity accounts. Some ofthese accounts may have a large following but are
not verified. Cyber criminals may use these fakeaccounts to steal from fans.

•Giveaways and sweepstakes that lead tomalicious links. An ad may pop up or you may
receive a message that states you have won a
giveaway or sweepstakes that can lead to malicious
links that are intended for you to send money or pryfor information.

•Fake investment opportunities. This type of“opportunity” may show up in the form of a post or
direct message asking for money, gift cards or even awire transfer.

Here are some tips that can help protect you from social media scams:• Avoid clicking on links from unknown sources. If
you are on social media channels, look for verification
check marks to confirm the channel is legitimate.

• Never trust unknown individuals. Verify
everything they claim and do not send sensitive
information to anyone whose identity you cannotconfirm.

• Be careful. Avoid posting personally identifiable
information on social media. Enable security settings
on your social media profiles to limit what you share
publicly.

• Remember that Bank of America, like manybusinesses, will never ask you for account details
unless you call us first.

• Update all operating systems, apps, and security
software including antivirus programs and firewalls.

• Report the incident to local law enforcement
immediately and contact your bank.

• Don’t fall for the bait. If an offer sounds too good tobe true, it probably is.

Visit www.bankofamerica.com/privacy/overview to learn how to help protect yourself and those closest to you.

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CYBERSECURITY - SOCIAL MEDIA SCAMSIMPORTANT INFORMATION
Neither Bank of America nor its affiliates provide information security or information technology (IT) consulting services. This material is provided“as is,“ with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this material, and without warrantyof any kind, express or implied, including, but not limited to warranties of performance, quality and fitness for a particular purpose. This material
should be regarded as general information on information security and IT considerations and is not intended to provide specific information
security or IT advice nor is it any substitute for your own independent investigations. If you have questions regarding your particular IT system
or information security concerns, please contact your IT or information security advisor.
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