New supervisory guidance recently issued by the Federal Financial Institutions Examination Council (FFIEC) is designed to help make online transactions more secure. The new guidance is in response to an ever more dangerous online threat environment. Scams and hacking techniques are more sophisticated, new threats are continually being developed and organized crime groups both in the United States and internationally have become a major force in expanding online fraud and theft.
Below are a few tips on password, website and computer network security to help you keep your financial information safe in today's online environment.
Password Security Tips
Do not share your User IDs or Passwords with another person or provide them to others. Safeguard your User ID and password information; do not leave them in an unsecure location.
Create a unique User ID and Password for each site. Do not use the same identifying information on multiple websites.
Create strong User IDs and Passwords. In other words, use upper case letter(s), lower case letter(s), and numbers; if the site allows for them, use symbols as well.
Many websites force passwords changes. If a website does not do so, take the initiative and change your password on a regular basis.
Website Security Tips
Monitor account activity. View account activity on a regular basis and review periodic account statements and reconcile them to your personal records.
Log off from a website; do not just close the page or “X” out.
Secure websites have a web address that includes an “s” (https rather than http). If this is lacking the site is not genuine. Do not log in or conduct business on the site.
If a website displays a security monitor, verify it has the current date. If it does not, do not use the site; it may be spoofed or hijacked.
When completing financial transactions, verify encryption and other security methods are in place, protecting your account and personal information.
Computer / Network Security Tips
Use quality security monitoring software on your PC that includes anti-virus, anti-malware, and firewall functions.
Use your PC’s security features such as individual login accounts.
Keep PC operating system security up to date by applying patches and updates.
Password-protect your computer network, both physical and wireless.
Products and services offered through Insure Forward are:
NOT A DEPOSIT
NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
NOT GUARANTEED BY THE BANK
MAY GO DOWN IN VALUE
NMLS ID# 446402
At times, we may provide links to sites outside the control of our bank. We do not make any representations concerning the linked sites contents or availability. You should review each site's privacy and information security policies carefully before you enter confidential information.