Fraud Protection – Stated BankERS

Protection Against Fraud

Combat Fraudulent Activities

Safeguard your funds, data, and business from potential threats. The financial repercussions of online banking fraud and payment fraud can be significant and, in some cases, irreparable for a business.

Fortunately, there are various tools at your disposal to proactively prevent fraud.

Provenir Next Gen Fraud protection

Implementing robust fraud protection measures

Secure Online Banking

Utilize secure and reputable online banking platforms with advanced security features. Regularly update passwords and employ multi-factor authentication for an additional layer of protection.

Employee Training

Benefit from low down payment and full seller assistance. comprehensive training sessions for your staff to recognize and respond to potential fraud indicators. Establish a culture of vigilance and encourage reporting of any suspicious activities.

Regular Account Monitoring

Implement a system for continuous monitoring of your accounts. Regularly review transactions and account statements to detect and address any unauthorized or suspicious activity promptly.

Utilize Fraud Prevention Tools

Explore and implement fraud prevention tools provided by financial institutions. These may include transaction alerts, activity notifications, and advanced analytics to identify unusual patterns.

Collaborate with Financial Institutions

Work closely with your financial institution to understand the latest security features and receive guidance on optimizing your fraud prevention strategy.

Regular Security Audits

Conduct periodic security audits to evaluate the effectiveness of your fraud prevention measures. Identify and address vulnerabilities to stay ahead of potential threats.

Data Encryption

Employ encryption techniques to protect sensitive data during transmission. This ensures that information exchanged between your business and external parties remains secure.

Establish Vendor Security Protocols

If your business involves third-party vendors, ensure they adhere to robust security protocols. Regularly assess their security measures to minimize the risk of fraud through external channels.

Protect Yourself When Banking and Shopping Online

From phishing and pharming to malware, numerous online threats aim to steal both your identity and money. At StatedBankERS, your safety and security are our top priorities. Here’s how we protect you and how you can safeguard yourself against online fraud and identity theft:

How StatedBankERS Protects You:

Customizable Security Alerts: Receive alerts for suspicious activities on your account.
Password-Protected Login: Secure your Online Banking with a unique and robust password.

How to Protect Yourself:

Monitor Your Accounts: Regularly check your StatedBankERS accounts using Online and Mobile Banking.
Unique Passwords: Create distinct passwords for your Online Banking that are not used elsewhere.
Update Security Software: Keep anti-virus and anti-spyware software up to date.
System Updates: Ensure your computer’s operating system is current and accept update prompts.
Exercise Caution: Do not open or respond to emails or texts from unknown senders.

Understanding Types of Fraud:

Education is key to preventing identity theft. Recognize common schemes to protect yourself:

Phishing: Fraudulent emails or websites that deceive users into divulging personal information.
SMS Phishing: Fraudulent text messages urging immediate action or visiting malicious websites.
Spoofing: Fake emails or texts requesting personal information through spoofed websites.

What You Can Do:

Avoid Interaction: Do not respond to suspicious emails or texts; delete them promptly.
Report Suspicions: Forward phishing emails posing as StatedBankERS to [email protected].
Vigilance is Key: Regularly update your computer’s security and conduct thorough system checks.

Protect yourself—StatedBankERS will never ask for personal or financial information via email or text. If you suspect fraud, contact us immediately at 1-800-922-9999.