Cyberattacks such as hacking and malware.

Often, they’ll include a link to a fake website that steals your bank account number or login information. Scammers send fake emails, text messages, or make phone calls that claim to be from your bank or other trusted companies (like Amazon or Apple). Here’s how scammers can steal your bank account numbers in the first place: If fraudsters can combine your bank details and other easy-to-find information - such as your Social Security number (SSN), ABA or routing number, checking account number, address, or name - they can easily begin to steal money from your account. But that doesn’t mean bank account numbers aren’t valuable data.Ī bank account number is often the linchpin for many other scams, which can be more dangerous. There’s not much illegal activity that crooks can pursue with just your bank account number (compared to if they steal your credit card numbers). How Do Scammers Steal Your Bank Account Numbers? So, what can scammers do with your bank account number? And what can you do to keep it - and your money - safe? Here’s what you need to know.

The problem is that most of us use our bank account numbers on a regular basis - whether signing up for direct deposit for a job or paying for items online with a debit card number. Even worse, Chase Bank said he’d waited too long to report the fraud and wouldn’t reimburse him.Īccording to the Federal Trade Commission (FTC) : There were over 172,000 reports of bank fraud in the first 9 months of 2022.įor many victims, all it takes to get scammed is their bank account number and a few other pieces of sensitive information falling into the wrong hands. Over the past year, scammers had siphoned out more than $13,000 from the veteran’s bank account without his knowledge.

While the alert sent his heart racing, it was only after combing through past account statements that he realized it was just the tip of the iceberg. Peter Dolce’s nightmare started with a fraud alert for a suspicious $254 purchase. Can Scammers Access Your Banking With Just Your Account Number?

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