Financial Fraud

We all hear the stories of data breaches in large organizations in the news almost every day. You may know someone who had their debit card information stolen. You may even be that person. There are several ways to protect yourself.

1. Usernames & Passwords
In the event that your information compromised during a security breach, you are better protected if you have different passwords. The hacker will obtain your information from one system, but not all of them. You also want to create passwords that contain a combination of characters, symbols, and numbers. Do not store or share your information with anyone. Organizations will rarely, if ever, ask you for your credentials.

2. Multi-factor authentication
Multi-factor authentication is an added layer of security that utilizes the traditional username and password, but includes an added security measure only you should have access to when logging in. An example would be receiving a unique one-time code via text message.

3. Monitor your accounts
Not only is monitoring your account beneficial for money management, it also allows you to see if your account has experienced any unauthorized transactions. 

We, at FirstCNB, offer a product called SecurLOCK™ Equip. SecurLOCK™ Equip provides you a simple and secure way to protect yourself from fraudulent transactions. It provides real-time transaction alerts and controls. It not only notifies you when your card is used, but it also allows you to turn your card on/off immediately. 

To learn more about SecurLOCK™ Equip, visit our website: https://www.firstcnb.com/Personal/Products-Services/Other-Services/SecurLOCK-Equip