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Cyber Tip Newsletter
WHAT YOU NEED TO KNOW ABOUT SPECTRE & MELTDOWN
Security researchers revealed two major software vulnerabilities that, in one way or another, affect just about anything with a processor. The flaws, called "Spectre" and "Meltdown," can potentially allow hackers to steal encrypted passwords as you type them in. Continue Reading the Article Here
THE HIDDEN COST OF A DATA BREACH
A data breach is the intentional or unintentional release of information into an untrusted environment. Occasionally the release is accidental, but sometimes malicious actors specifically target retail stores, healthcare companies, or government agencies for the express purpose of gaining access to protected information, which they can use for financial gain. Continue Reading the Article Here
- BEWARE OF MALWARE
Happy Cyber Security Awareness Month! October is not only National Cyber Security Awareness Month, it is also a time celebrate Halloween. Just like the disguises the trick’r’treaters wear, malware can use “costumes” to disguise what it is, and tricks you into installing it. These disguises come in many forms, but if you know what to look for, you can avoid the tricks. Continue Reading the Article Here
- TWO-FACTOR AUTHENTICATION
Phones, computers, and appliances all store vital information. Passwords are one of the first steps to protecting that information – digital keys to our online kingdoms. But you can make login information more secure by pairing the password - something you know (knowledge) - with another factor, such as something you have (possession) or something you are (inherence). Something you have might be a smartphone, and you can prove you have the phone by reporting back the PIN code that was sent to it in a text message. Something you are could include your fingerprint or other biometric data. When two of these factors are combined to secure an account it is called two-factor authentication. Continue Reading the Article Here
- BACK TO SCHOOL
It feels like summer just began, and we hate to say it, but the start of another school year is right around the corner. It’s time to purchase school books, pencils and pens, and a stash of Ramen Noodles for the semester. On the list may also be a new computer, laptop, or tablet computer. While students are getting back into the swing of doing homework, researching school projects, and focused on getting good grades, but also need to be aware of malware, phishing schemes, and safe computing practices. Continue Reading the Article Here
- GOING FOR GOLD IN CYBER SECURITY
The world’s attention will turn to Rio de Janeiro this summer as Brazil will be the first South American venue to host the Olympic Games. This sporting event is sure to generate a vast amount of popular interest with both fans and media alike and this kind of attention holds potential value for those looking to prey upon the attraction of the games to perpetrate cyber fraud schemes. Continue Reading the Article Here
- TRAVELING SECURELY
Summer is finally here and for many of us that means it’s time to get away! It’s not surprising that many cyber criminals target travelers. Luckily, with a little care it’s possible to protect yourself and avoid potential problems. Continue Reading the Article Here
- PHISHING EMAILS AND YOU
When it comes to email, we’ve all come across a phishing email that appeared to be a legitimate email. Phishers take advantage of the fact that it is difficult to know with absolute certainty with whom you are communicating via email. They use this uncertainty to pose as legitimate businesses, organizations, or individuals, and gain our trust, which they can leverage to convince us to willingly give up information or click on malicious links or attachments. Continue Reading the Article Here
- WHY STRONG, UNIQUE PASSWORDS MATTER
Cybersecurity experts continually identify the use of strong, unique passwords as one of their top recommendations. However, this is also one of the least commonly followed recommendations because unless you know the tricks, it’s difficult to remember strong, unique passwords for every login and website. Continue Reading the Article Here
- AVOIDING ONLINE TAX SCAMS
It’s tax season, which means it’s also time for tax scams. Some tax scams occur when fraudulent tax returns are filed in the victim’s name while other variants occur when the malicious actors call the victim and pretend to be Internal Revenue Service (IRS) agents. In addition, there are malicious actors who use the tax season to spread malware and phishing emails. Continue Reading the Article Here
Crafty online criminals roam the Internet with the hope of gaining access to your checking account and personal information. To help thwart their efforts, it’s important to know how to protect yourself and your money. Here are some tips to get you started.
Regularly update your passwords
Although financial institutions such as First Savings Bank have advanced security systems in place to protect customer data, you need to do your part, too. For starters, create strong passwords that consist of a mixture of upper- and lowercase letters, symbols, and numbers. Change your passwords on a monthly basis, and don’t share them with anyone.
Monitor your balances
Keep a close eye on your checking and other accounts. If you spot an odd transaction that you think may be fraudulent, inform the financial institution, card issuer or service provider right away. The sooner you do that, the better your chances are of fixing the situation.
Whether you’re at home or work, always sign out of online financial accounts after you’ve finished looking at them. Furthermore, protect your home computer by installing antivirus and malware software, and run monthly scans of your system.
Use your best judgment when shopping online. If a website doesn’t look legitimate, think twice before you supply your credit card information. Be particularly careful when using Wi-Fi connections in public places. Many public Internet access points are not secured and don’t encrypt the traffic they carry.
Protect yourself against card skimming
Try to avoid using ATMs in sketchy locations such as gas stations, since these are popular among card-skimming criminals who copy your card information to make purchases of their own.
The bottom line
Preventing fraud and identity theft requires a combination of careful maintenance, planning and common sense, which you should rely on whenever surfing the Internet or withdrawing money. A proactive approach goes a long way in ensuring that your financial information doesn’t fall into the hands of cybercriminals.
Tony Armstrong, NerdWallet
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