Timely Topics:
When cybersecurity is inadequate, it can lead to stolen identity and financial loss. Most scams and scammers have two main goals–to steal your money and your identity. You should know what to look for, how they work, and what to do, so you can protect yourself and your finances.
From “FDIC Consumer News” (10/21/2021)
Targeting Generational Profiles For Effective Bank Fraud Prevention
Among the most concerning factors shaping banking fraud patterns today is not just digital transformation and the pandemic. It is also how fraudsters have adapted their tactics according to unique generational differences of consumers. The techniques bad guys use to target the upper age brackets are not the same tactics they use to lure younger Generation X and millennial customers. Even more frustrating is that the fraudsters are sometimes aping many financial institutions’ very own generation-targeted marketing schemes and product offerings to snag each of these widely different groups of consumers.
From “ABA Risk and Compliance” Glen Fratangelo (10/14/2021)
Internet Safety Guide For College Students
Corporations invest billions into protecting private data. Globally, the cybersecurity services market brought in $173 billion in 2020. However, cybersecurity isn’t only a concern for government agencies and major corporations. Hackers and scammers also target individuals, including college students. Fortunately, college students can protect their private data and improve their internet safety without a corporate-sized budget.
From “ZD Net” Genevieve Carlton (10/01/2021)
Beware Poisoned Apple AirTags That Exploit Unpatched “Lost Mode” Flaw
If you’re unlucky enough to mislay your Apple AirTag tracking device, or the item it is attached to, then never fear. Apple AirTags have a feature that allows anyone who finds one to scan it with their smartphone, and be taken to information which lists the owner’s phone number so your property can be returned to you. That’s very cool. But what isn’t cool is that the feature can be abused to deliver malware or steal credentials from the unwitting Good Samaritan who is trying to locate an AirTag’s genuine owner.
From “Bit Defender” Graham Cluley (9/30/2021)
Employee benefits that will help them succeed. In the age of constant app connectivity, it is easy to forget the benefits of face-to-face interaction, especially when the subject is something as personal as finances, wages, and banking. While many of your employees may interact with their financial institutions through a handheld or laptop screen, that […]
Learn More About Give Your Employees Confidence Around Their FinancesIf you own a business, you know the value of personal relationships. Whether you’re in retail, services, manufacturing, or any other sector, knowing your customer or client by name is priceless. But what about the services your business uses? Does your banker know your name? Do you know theirs? Do you even have a banker? […]
Learn More About 4 Reasons Why You Need a Local Business BankerWe'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.
Next Steps for Signing Up