Our Risk Management department noted that we’ve recently heard from some of our business customers about an uptick in a very common business email compromise – when a hacker gains access to an email account and begins to send emails pretending to be the true email owner. Hackers often attach malicious content to the emails all […]
Equifax Breach Settlement Information
You may remember that two years ago on July 29, 2017, one of the three top credit reporting companies was the victim of a major data breach. Equifax announced that the personal and financial information of approximately 148 million Americans had likely been compromised. Sensitive information included in the compromise included names, birthdates, addresses, credit […]
Capital One Data Breach Information
What happened? It is all too timely in light of the recent settlement talks of the 2017 Equifax breach, that it was disclosed this morning that Capital One has suffered a data breach. Between March 22nd and 23rd, 2019, a software engineer was able to access information to more than 100 million Capital One customers in the […]
Beware of Credential Stuffing
This spring and summer, our Risk Management team noted that our area seems to be seeing an uptick in credential stuffing, a type of cyber attack. While hackers have not been able to use this attack to access accounts at the Bank, we wanted to alert you to this increased risk against all of your web-based […]
Increasing Instances of Stolen Debit Cards Used in Digital Payment Fraud
There has been a significant rise in fictitious Zelle charges debiting consumer accounts in recent weeks. Fraudsters are using stolen debit card information to send instant payments to fictitious accounts. With the stolen card data, fraudsters are able to enroll in Zelle, a popular digital payments network and mobile app similar to Venmo and PayPal. Due to the […]