What Is Positive Pay & How It Prevents Fraud Jun 27th, 2023 by: Anna Beam, Vice President | Associate Marketing Director Business Banking & LendingFraud & Security Old School crime is back and check fraud is surging. Thankfully, businesses are turning to digital payments and electronic alternatives like card and ACH. Unfortunately, some business owners are committed to paper and use checks as part of their daily operations. Simply search the term “check washing” into any search engine and you will discover ... 3 min read Read More
Imposter Scams: What Are They And How Can You Protect Yourself From Them? Sep 9th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Fraud & SecurityPersonal Finance Tips What was the No. 1 type of fraud Americans reported in 2020? If you guessed imposter scams, you’re correct. The Federal Trade Commission filed nearly 500,000 complaints about imposter scams last year — marking imposter scams the most common form of fraud reported to the FTC in 2020. Imposter scammers lie about their identity — ... 4 min read Read More
Cyber Criminals Are Raising Their Game; Small Businesses Must Respond Feb 23rd, 2021 by: Anna Beam, Vice President | Associate Marketing Director Business Banking & LendingFraud & Security Another day, another damaging cybersecurity breach. That’s how it may seem lately as a long list of high-profile firms has fallen victim to a surge in malicious online activity. But for every breach that grabs the headlines, there are thousands of smaller businesses being hit by online fraud attempts that are growing rapidly in boldness, ... 5 min read Read More
Let’s Talk Passwords Aug 13th, 2020 by: Anna Beam, Vice President | Associate Marketing Director Fraud & Security Follow these simple tips to help secure your accounts and information: 1. The longer the password, the better. Even moderately simple long passwords take longer to crack than short complex passwords. Still, make sure to not use basics that hackers would start with such as 1234567890987654321, abc…, ThisIsMyEmailPassword, etc. 2. Consider using password generators. ... 1 min read Read More
Tips To Avoid Becoming A Victim Of Fraud Apr 10th, 2019 by: Anna Beam, Vice President | Associate Marketing Director Fraud & SecurityPersonal Finance Tips Trends in social engineering attacks Social engineering is on the rise, so it’s especially important to be vigilant against these attacks. The following are new trends in the world of social engineering: Vishing: The Internal Revenue Service (“IRS”) scam: The target receives a call, email, or a visit from a fraudster claiming to be from ... 3 min read Read More
