As the holiday season unfolds with its hallmark shopping rush, the Bank of Saint Lucia (BOSL) is issuing a stern reminder to customers: vigilance is critical to protecting your financial security.
With the increased shopping activity, both online and in-person, cybercriminals and fraudsters are ramping up their efforts to exploit vulnerabilities.
In a statement, BOSL highlighted key precautions for using Visa Credit and Debit Cards, especially for online transactions. The bank advised customers to prioritise secure websites by looking for “https” in the URL and a padlock symbol in the address bar.
These indicators ensure a protected connection for sensitive information. The bank also cautioned against downloading unknown shopping or discount apps, which may be laced with malware capable of harvesting personal and financial data.
For physical security, BOSL reminded customers to guard their cards closely, particularly in crowded spaces where theft is more likely. In case of a missing card, the bank urged customers to report the loss immediately to block unauthorized transactions.
Another critical point of concern is the use of public networks for transactions. BOSL warned against entering card details on unsecured public Wi-Fi, which is a hotspot for cyberattacks. Instead, customers are encouraged to use secure private networks or mobile data for transactions.
BOSL emphasised the importance of regularly reviewing account activity for any unusual transactions. “If you notice any irregularities, report them immediately. Your safety is our priority,” the bank said in its statement.
Customers can reach out to BOSL for assistance at cardservices@bankofsaintlucia.com or bosldigital@bankofsaintlucia.com.
@BOSL, https does not mean a website is a secure or a genuine one. All it means is communications between your device and the server/website is encrypted from external actors. Many phishing or impersonating websites are setup with free ssl/tls certificates these days so basically you could be visiting a malicious website with https in the url. What’s very important is looking at the actual address in full, is the address or domain name correct or recognisable? Also you missed the most important one of all, phishing emails. This is the most common way cyberattacks are initiated these days. It’s very important not to click on links in emails because this could be a malicious website. Enter a website address on virustotal.com if you want to find out if it is malicious.