Local News

BOSL Issues Scam Alert To Its Customers

10 October 2024
This content originally appeared on St. Lucia Times.
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The Bank of Saint Lucia (BOSL) has issued a security alert to its customers, warning of an increase in phishing attempts and social media investment scams.

In an email to customers, the Bank explained that phishing is “a common type of cyber-attack that targets individuals through email, text messages, phone calls, and other forms of communication.”

The aim is to trick the recipient into falling for the attacker’s desired action, such as revealing financial information, system login credentials, or other sensitive information, BOSL stated.

The financial institution disclosed that recently, it became aware of scammers purporting to be reputable investment companies on social media platforms.

According to BOSL, the fraudulent actors have illegally used the Bank of Saint Lucia logo and name on their invoices and company profiles.

“Please note that Bank of Saint Lucia is in no way associated with these types of fraudulent activities,”  the institution stated.

In addition, BOSL offered several protective tips, including verifying the sender by checking the email address.

It revealed that the links start with https:// and not http:// and direct customers to the Bank’s official domain – bankofsaintlucia.com.

In addition, the Bank said that all BOSL emails contain @bankofsaintlucia.com.

“If you gave sensitive information, don’t panic, contact your Bank immediately and report all suspicious activity at 456-6999 or [email protected],” the financial institution advised.

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