Consumer Awareness

4/10/14

Many of you may have seen information in the national media about a new computer virus call the Heartbleed bug. Heartbleed is a flaw in the programming on secure websites that could put personal information at risk, including passwords, credit card information, and emails. The Heartbleed bug is a defect in encryption technology - called Open SSL - used by most web servers to secure users' personal information.

1ST SUMMIT ONLINE banking does NOT use Open SSL for encryption and therefore is NOT vulnerable to this bug. In addition to encryption technology, 1ST SUMMIT ONLINE utilizes numerous other security controls to protect your information.

As always, it is a good idea to update your passwords frequently. Also, monitor your account regularly and report any suspicious transactions to the Bank immediately. Beware of email phishing scams - or emails with suspicious links- that will attempt to get additional sensitive information from you.


3/3/14

Apple has released a critical security update to address a potential vulnerability and security patch for its Mac, iPhone, iPad and iPod devices.

Apple has recommended that users of these devices immediately take steps to reduce security risks by updating to the latest version of their device’s operating system. The update is available for iOS7, iOS6 and OSX desktop platforms and can be found under“Software Update” in general settings.

The security of our online and mobile banking offerings continues to be a top priority. We are monitoring the situation and will inform you if updates become available.


2/13/14

We have been made aware of an online scam that is tricking people into signing up for a free credit report by telling them that their personal information has been compromised by a Data Security Breach.

Here’s how the scam works:

When a person is online, they receive a pop-up ad telling them there was a massive breach of customer information. They are told that their sensitive information, such as log-in information and passwords, has been compromised. 

The pop-up ad then tells the customer that they are at risk for identity theft and urges them to immediately check their credit reports.The ad then offers the person a “free” credit report by clicking on a link. When the person clicks on the link, they are asked for personal information and a credit card. The person is then billed a fee, even though they were told it was free. This is a SCAM!!

If you receive a pop-up like this, DO NOT click on any of the links, DO NOT provide any personal information, and DO NOT enter your credit card or debit card information! 



2/3/14

Target Data Breach Leads to Phishing Scams

Do not fall victim to phishing scams related to the Target data breach. Phishing attacks use spoofed emails and fraudulent websites designed to fool recipients into divulging personal financial data. By hijacking the trusted brands of banks, online retailers and credit card companies, phishers are able to convince recipients to respond to them.
To avoid becoming the victim of a phishing scam, follow these tips:
  • If you have responded to an email, contact you bank immediately so they can protect your account and your identity.
  • Never give out your personal or financial information in response to an unsolicited phone call, fax, or email, no matter how official it may seem.
  • Do no respond to emails that may warn of dire consequences unless you validate your information immediately. Contact the company to confirm the email's validity using a telephone number or Web address you know to be genuine.
  • Check your credit card and bank account statements regularly and look for unauthorized transactions, even small ones. Some thieves hope small transactions will go unnoticed. Report discrepancies immediately.
  • When submitting financial information online, look for the padlock or key icon at the bottom of your internet browser. Most secure Internet addresses, though not all, use "https". 
  • Report suspicious activity to the Internet Crime Complaint Center (ic3.gov/default.aspx), a partnership between the FBI and the National White Collar Crime Center.
Remember: 1ST SUMMIT BANK will never ask you for your personal information in an email.


11/22/13

Ransomware

A ransomware campaign is targeting tens of millions of banking customers, both consumers and businesses, in the United Kingdom, according to an alert from the Cyber Crime Unit of England's National Crime Agency.

The phishing e-mails, which purport to be from banking institutions, contain malicious attachments that automatically download the ransomware known as Cryptolocker.
Ransomware is a type of malware that hijacks a user's computer by taking control of its monitor or screen, locking the system and then displaying a ransom message. 
Typically, these messages appear to be from law enforcement agencies or some other trusted source, such as, in this case, a banking institution.

To fool consumers, ransomware attacks typically include a message that claims the targeted user owes back taxes or some type of payment to the bank.Unless a fee or penalty is paid, the computer will remain locked, the ransomware often claims.
Experts say these types of ransomware attacks are on the rise worldwide.

The Cryptolocker Attack

The Cryptolocker attack displays a splash screen with a countdown timer and a demand for ransom to receive the decryption code to unlock the system, according to the National Crime Agency.The agency's announcement does not go into detail about the attack, but experts say other Cryptolocker-based schemes have featured effective, authentic-sounding messages.

 

Remember to never click on a link contained in an email, even if it appears to be from a trusted source. If there is the slightest doubt, call the entity that sent the email and confirm its authenticity prior to clicking on links.

 


Informational Videos

Phishing: Don't Take the Bait!


Identity Theft: Protect Yourself


Internet Fraud: If it sounds too good to be true, it probably is.


Social Media: Be careful who you trust.


Play it safe with Portable Devices


What You Need to Know About Mobile Banking.



Cyber-Attacks...How they could affect YOU.

Learn More.


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