Consumer Awareness

November 2018:  FTC Warns of Combined Spear Phishing and Caller ID Spoofing Attacks

The Federal Trade Commission is warning consumers of a new fraud tactic that combines both spear phishing (an email that appears to be from a trusted source) and caller ID spoofing in an attempt to trick victims into providing account information.  Using spoofed caller ID and partial information already obtained on the victim, the criminals impersonate representatives from legitimate companies attempting to verify account information or activity.  The FTC urges consumers to be cautious when providing personal or account information over the phone and to not assume that caller ID is proof that the call is from a legitimate company.
 
1ST SUMMIT BANK will never call you or email you and ask you to provide personal or account information.

 

May 2018: Vacation Giveaway Scams

These scams target you with a sense of urgency to call back and claim your prize. If you've ever signed up to win a prize at a baseball game or the zoo, you may receive a call saying you won a "free giveaway" based on your entry. Most often this is not legitimate.  Learn tips on how prevent yourself from falling victim to this scam.


April 2018: Tips on Selecting a Contractor

Deciding to build a home or renovate an existing one are huge endeavors. You wouldn't trust just anyone with your most important asset-your home. Use these tips to help select a legitimate and reputable contractor for your needs.

  • Get insurance certificates showing your contractor carries general liability insurance, including workers' compensation insurance if applicable. (This should cover at least $50,000.)
  • Ask them to provide at least 1 year written warranty on workmanship and materials. (ex. roofers may provide 5 years+ warranty)

View more information on selecting a contractor.


September 2017: Equifax Data Breach FAQS

It is important to clarify Equifax is a credit agency, not a bank.
  • Equifax is one of three major credit reporting agencies and handles the data of 820 million consumers and more than 91 million businesses worldwide.

Frequently Asked Questions

I've been hearing about the Equifax breach in the news. What happened?

Equifax, one of the three major credit agencies, experienced a massive data breach. The hackers accessed people's names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers. They also stole credit card numbers for about 209,000 people and dispute documents with personal identifying information for about 182,000 people.

Was my information compromised?

If you have a credit report, there's a good chance it was. Go to a special website set up by Equifax to find out: https://www.equifaxsecurity2017.com/ . Scroll to the bottom of the page and click on "Potential Impact," enter some personal information and the site will tell you if you've been affected. Be sure you're on a secure network (not public wi-fi) when you submit sensitive data over the internet.

View additional Equifax Data Breach information.

 

RESOURCE GUIDE