Safety & Security Remain Your Bank’s Chief Goal
Cyber-attacks against the U.S. financial system are very much in the news lately, with attacks coming sometimes several times a week. These cyber-attacks are the focus of concern for both government and industry, as experts seek ways to identify the perpetrators and stop the attacks.
As a bank customer, it is important for you to know the facts about these events, so you can interpret the news and decide for yourself how these attacks might affect you and your finances.
The key facts to remember are
- Your personal information is safe
- Your money is safe.
Here is additional information about the cyber-attackers, their methods, and their results:
What Is a Cyber-Attack?
So It Only Slows the System Down?
That is the extent of the recent attacks. As the system sorts out the dangerous requests from the others, you might have to wait longer than normal for service. With 20 million requests from the cyber-attackers and one from you, it’s not hard to understand why!
How Long Should I Expect to Wait?
Who Are These Cyber-Attackers?
What Can I Do to Protect Myself?
- Strong Passwords —Experts advise a combination of letters and numbers, and advise against using easily guessed passwords such as birthdays or home addresses.
- Anti-Virus Protections —Make sure the anti-virus software on your computer is current and scans your email as it is received.
- Email Safety —Email is generally not encrypted so be wary of sending any sensitive information such as account numbers or other personal information in this way.
- Sign Off and Log Out —Always log off by following the bank’s secured area exit procedures.
- Monitor Your Accounts —When you check your accounts regularly, you can let your bank know immediately if you encounter anything that does not seem right.
Consumer Fraud (Department of Justice Homepage): www.usdoj.gov
Federal Trade Commission (FTC) Consumer Response Center: www.ftc.gov
Consumer Guides and Protection: www.usa.gov
Financial Fraud Enforcement Task Force: www.stopfraud.gov
On Guard Online: www.onguardonline.gov
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