Timely Topics:
Do you use payment apps like Venmo, CashApp, or Zelle?
Ever send money through an app like Venmo, CashApp, or Zelle? They make it easy to send money fast to friends or family. But what happens when it’s a scammer on the other end?
From “FTC” Amy Hebert (8/14/2023)
Top 3 Cyberthreats Facing the Financial Sector
To even the casual observer, it’s been a visibly turbulent year for the financial sector. We might think back to March when Silicon Valley Bank collapsed, setting off a chain of panic about the stability of the financial system. Though widespread economic fears have calmed in recent months, the financial sector continues to face intense pressure as it attempts to transform and maintain digital relevancy, while at the same time protecting a globally interconnected web of systems that are increasingly under attack. In this blog post, we’ll briefly explore the top three cyberthreats facing the financial sector today, along with some actionable recommendations.
From “isaca.org” Josh Hamit (8/4/2023)
Is it paying bills on time, robust savings, retirement fund, affording a new car? Whatever financial health means to you, it starts with getting your finances in order. It’s easy to think that keeping track of your account balances is all you need to do to stay on top of your finances. But that is […]
Learn More About What Does Financial Health Mean to You?Homeownership is the American Dream. It’s a significant step towards building wealth, but people across the country are struggling to purchase a home because of limited homes for sale, prices are high, and the Fed is raising interest rates. However, homeownership is not a lost dream – it’s a long-term investment. Here’s how you can […]
Learn More About 5 Tips for Home BuyersDo You Practice Safe Checks? It should come as easily as airline safety, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial […]
Learn More About Practice Safe ChecksProtect Yourself from Scammers According to a recent alert to banks from the Financial Crimes Enforcement Network, part of the Treasury Department, criminals have been increasingly targeting the U.S. Mail and United States Postal Service mail carriers since the COVID-19 pandemic to commit check fraud. Criminals typically steal personal checks, business checks, tax refund checks, […]
Learn More About Check Theft & FraudEach year older Americans lose approximately $2.9 billion to fraud, but it is suspected that number is drastically underestimated because only one in 44 seniors report financial abuse. The following tips are helpful for seniors and their financial caregivers to proactively protect themselves and their loved ones from fraud. For more financial caregiver resources, visit […]
Learn More About Safe Banking for SeniorsWatch Out for Election-Themed Scams In this week’s scam, cybercriminals are taking advantage of the upcoming United States elections to try and steal your personal information and money. The scams vary slightly and involve fake text messages, social media posts, phone calls, and more. Cybercriminals use AI to make these phishing attempts even more convincing. […]
Learn More About IT Regulatory Compliance SecurityWe're here to help you. Visit our Help Center to find important information and frequently asked questions.
Visit Help CenterReady to make the switch? Open a new account with South Atlantic Bank.
Open an Account Now