Cyber Security Requires Constant Vigilance

From Bank of Zachary
    We live in a mobile society, relying on smartphones, tablets and computers to gather news, make purchases, interact with friends and family, and connect with financial institutions. Increasingly, cybercriminals compromise the networks that support these devices. This often results in identity theft, which can also yield financial losses and safety for consumers. In fact, a recent report from the Center for Strategic and International Studies (CSIS) found that computer hackers have stolen the personal information of approximately 40 million U.S. residents.
    Cyber security awareness will help consumers avoid having their online financial information disrupted or stolen.  Consumers should remain vigilant and protect themselves from potential credit card and bank fraud.
    The following tips may help consumers safeguard their online accounts:
•    When sending sensitive information via the Internet, make sure “https:” appears in the address bar. This means the information you are transmitting is encrypted.
•    Ensure the wireless network you use is password-protected, and choose a strong password and update it frequently for your work and home wireless networks. Likewise, always use a passcode on your mobile phone or tablet to stop an unauthorized user from accessing your device.
•    Don’t enter sensitive information into your phone when others can see what you’re entering.
•    Set the privacy settings on frequented social network sites. Cybercriminals often learn about people and their families and friends via social media in an attempt to spoof or phish you and your network.
•    Remain cautious of someone who isn’t who they say they are or if the name and area don’t match what appears on caller ID. This is often how spoofing occurs.
•    Never respond to text messages, emails or phone calls from companies alleging to be your bank, government officials or business representatives that request your banking ID, account numbers, user name or password.
•    Similarly, don’t click on links sent to you from unknown sources via text message because they are likely malware.
•    Beware of “get rich quick” schemes; never voluntarily give out your bank account information or security credentials.
    Your financial institution should serve as the first line of defense in ensuring your financial information is not being used improperly.  For instance, your financial institution should have established protocols and other services to protect customer’s financial information from data breaches.  An example is debit card alerts, which the Bank of Zachary recently adopted, allowing customers to receive text notifications of debit card activity.  In addition to being a money management tool, this also helps prevent fraud.
    But the best defense remains an informed and alert consumer.  Now, more than ever, maintain a constant vigilance to the possibility of your personal credit and financial security being compromised.