Download Read More - Wauchula State Bank

Threats
to my
business:
Corporate Account
Take Over
ACH Fraud
Wire Transfer Fraud
Phishing
Malware
Social Engineering
Drive By Download
PROTECT YOUR BUSINESS
Here’s how these
threats work:
How do I detect and
prevent it?
•Be sure to clear your
browser cache to clear
stored web pages.
• You get an email that appears to be from someone you know as in a *spearphishing attack. If you click on the link or open the attachment your pc will be infected with *malware.
• Look for unauthorized
transactions on your statement.
•Avoid using automatic log
in features.
•Reconcile accounts daily.
•Malware can also be installed unsuspectingly by accidentally visiting imposter websites. This is also referred to as a *drive- by download.
•Don’t share IDs and passwords each user should be unique and changed often. Force
users to use complex
passwords-not dictionary words. Make them longer
and they will be stronger.
•Don’t access internet
banking from unsecured
Wi-Fi, such as an internet
café.
• Malware is installed on the pc
with the intent of capturing the password to your online banking account.
• Then someone can take over your account. They can
pretend to be the owner and make transfers by telephone, online wire transfers or ACH to initiate payments and reroute your money through a whole network of *money mules, who don’t even know that they are involved in these crimes.
• At the bank we use a
combination of safeguards to protect your business and ours. You can help by using some of the same controls at your business too.
As always these are not all, but just
a few of the more important things
you can do to be more secure.
•Have dual control procedures
in place.
•Change default passwords.
•Take note of your computer’s performance; take warning if
you notice dramatic loss of speed or unexpected changes.
•Lock computers with
administrative privileges on them-log off when not needed. Use the windows key plus the L to lock at all times when not in use.
•Install a spam filter.
•Install real time routers and
firewalls, anti-virus -anti-spy
ware. Keep everything up
to date.
•Use a dedicated computer for all online transactions.
•Look for https in the browser, the s stands for a secure
session.
•Use a security expert to
test your network.
•Train your employees how
to spot fraud and social
engineering.
What do I do if it
happens?
•Report unauthorized
transactions to your bank
immediately!
•Cease all activity from the
compromised pc and
disconnect it.
•Document the incident
each step of the way.
Have an incident response plan so you can be
prepared.
•Report spam to the
[email protected]
•Report Internet Crimes to:
www.ic3.gov and your
local authorities.
* See definitions on reverse side.
IMPORTANT TERMS
Terms
Social Engineering Definition
To manipulate or trick someone into giving up confidential information. This can happen on the computer, phone or in person.
Software that is downloaded from the internet that occurs without a person’s knowledge or consent,
usually used for malicious intent.
An e mail that pretends to be the Bank, the IRS or someone important with an urgent message. Don’t click on links or attachments from suspicious emails.
Pop up attempting to scare you such as- your anti-virus software needs to be updated.
Use Alt F4 to escape don’t click ok or the X!!!!!!!!!
Malicious Software is created to do harm to your computer, so they can steal information to make money. There are hundreds of different types all with the same malicious intent.
Some examples are viruses, worms, keystroke loggers. You get it when you open attachments, click on links from people you don’t know or from websites you visit. Usually the sender has an urgent message for you.
Drive By Download
Phishing
Scareware
Malware
Spearphishing
Money Mules
Copy Machines
An email pretending to be someone you know, like your boss.
Money mules are unsuspecting people that think they are working for a company to open accounts with illicit funds with the promise of a commission. They are recruited by ads that are placed for
work at home jobs by online cyber criminal. Then they wire funds overseas for the criminal. Too bad, the money mules don’t know that they are a part of a scam and can be arrested while the real criminal goes free.
Did you Know?
Copy Machines can store confidential data that can be stolen. Check with your copy machine vendor, before you let it go out the door! For more information go to: http://business.ftc.gov/documents/
bus43-copier-data-security
Are not protected under the same rules as consumers. Reconcile your accounts daily and if you see unauthorized transactions, report it to the bank immediately.
It is most important to back up your data in case of disaster. Microsoft is a great resource to learn how to do this.
risk too-make sure you cross-cut shred it or store it in a secure location. For more information go to: http://www.ftc.gov/bcp/edu/microsites/idtheft/business/index.html
Should have encryption features and be turned on, some have the feature, but you have to turn it on.
There are 2 types- Wi-Fi Protected Access (WPA) and Wired Equivalent Privacy (WEP). WPA is the most secure. http://www.us-cert.gov/cas/tips/ST05-003.html
You should deal with a reputable company and should see a lock at the top along with https when entering your payment.
If you receive email from prospective employees, it could contain malware, such as a keystroke
logging program in the attachment in an attempt to gain access to your credentials. Run a virus scan first to protect your business from this type of fraudulent activity. http://www.fbi.gov/scams-safety/e-scams
Business Debit Cards
Back Up Data
Confidential Information When emailed, should be sent in an encrypted manner to prevent fraudulent activity. Paper is a big Wireless Devices
Online Purchases
Online Employee Job
Applications