Bank of America Fraud Prevention FAQs (2024)

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Bank of America takes the protection of your personal information very seriously. We value your trust, and we understand that handling your financial information with care is one of our most important responsibilities. Our policies, procedures and protections are always evolving to stay ahead of new strategies used by fraudsters.

Confidentiality and the security of personal and financial information of our customers and clients is the highest priority at Bank of America. We have multiple layers of security protection in place to protect clients, customers, employees and our company. We have a sustainable cybersecurity program built on accountability, consistency and measurement.

In addition, we have a strict code of ethics for all employees that requires confidential treatment of client information. Only those who need to know a client's financial information — because they provide services a client might need — are authorized to have access to it. All Bank of America employees must complete information protection training annually. Bank of America also maintains physical, electronic and procedural safeguards to protect against unauthorized access to client information.

If we believe an account is at risk for fraud, we will attempt to contact you using the contact information you’ve shared with us, so make sure that information is current. If we do contact you, please review and respond promptly.

While our global information security team remains vigilant and monitors potential threats to help keep you safe, there’s a lot you can do, too. Various security pages on our site, for example Online Banking Security and Credit & Debit Card Security, contain specific information under the What you can do tab on the page. You should also familiarize yourself with our privacy notices and watch the short Keeping your financial information safe video from Better Money Habits.

Together, we can help prevent, identify and resolve fraud events faster.

Bank of America Fraud Prevention FAQs (2024)
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