6 Steps for Protecting Your Computer from Intrusion

 

Is your personal or small business computer safe from hackers? According to the Federal Bureau of Investigation, “Cyber intrusions are becoming more commonplace, more dangerous, and more sophisticated.”

To assist you in protecting your computer from hackers, Victory State Bank, the only community-based business bank on Staten Island, is sharing the following tips from the FBI:

KEEP YOUR FIREWALL TURNED ON

A firewall helps protect your computer from hackers who might try to gain access to crash it, delete information, or even steal passwords or other sensitive information. Software firewalls are widely recommended for single computers. The software is prepackaged on some operating systems or can be purchased for individual computers. For multiple networked computers, hardware routers typically provide firewall protection.

INSTALL OR UPDATE YOUR ANTIVIRUS SOFTWARE

Antivirus software is designed to prevent malicious software programs from embedding on your computer. If it detects malicious code, like a virus or a worm, it works to disarm or remove it. Viruses can infect computers without users’ knowledge. Most types of antivirus software can be set up to update automatically.

INSTALL OR UPDATE YOUR ANTISPYWARE TECHNOLOGY

Spyware is just what it sounds like — software that is surreptitiously installed on your computer to let others peer into your activities on the computer. Some spyware collects information about you without your consent or produces unwanted pop-up ads on your web browser. Some operating systems offer free spyware protection, and inexpensive software is readily available for download on the Internet or at your local computer store. Be wary of ads on the Internet offering downloadable antispyware — in some cases these products may be fake and may actually contain spyware or other malicious code. It’s like buying groceries — shop where you trust.

KEEP YOUR OPERATING SYSTEM UP TO DATE

Computer operating systems are periodically updated to stay in tune with technology requirements and to fix security holes. Be sure to install the updates to ensure your computer has the latest protection.

BE CAREFUL WHAT YOU DOWNLOAD

Carelessly downloading e-mail attachments can circumvent even the most vigilant anti-virus software. Never open an e-mail attachment from someone you don’t know, and be wary of forwarded attachments from people you do know. They may have unwittingly advanced malicious code.

TURN OFF YOUR COMPUTER

With the growth of high-speed Internet connections, many opt to leave their computers on and ready for action. The downside is that being “always on” renders computers more susceptible. Beyond firewall protection, which is designed to fend off unwanted attacks, turning the computer off effectively severs an attacker’s connection — be it spyware or a botnet that employs your computer’s resources to reach out to other unwitting users.

To learn more about the various types of cyber crime and how to protect yourself, visit https://www.fbi.gov/investigate/cyber.

 

 

ABOUT VICTORY STATE BANK

VSB Bancorp, Inc. (OTCQX: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island, including the main office in the community of Great Kills and branches in West Brighton, St. George, Dongan Hills and Rosebank.

A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals.

For additional information, Victory State Bank may be reached at 718-979-1100, or visited online at www.VictoryStateBank.com.

Media Contact: 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

Know Currency Exchange Rates Before Traveling from the U.S.

 

Summer is vacation season, so play, relax and have some fun! And if you choose to travel outside the United States, you should be aware of currency values before leaving home, advises Victory State Bank.

As explained by the federal government website USA.gov, “Each country has its own currency or monetary system for buying and selling products and services. The exchange rate between two countries tells you the price you pay to buy another country's currency. When you travel internationally, you will want to have some of that country's currency to buy products or services.”

To assist you in preparing for foreign travel, Victory State Bank, the only community-based business bank on Staten Island, is sharing the following advice from USA.gov:

Exchanging Currency

Research the costs and process of purchasing currency for a foreign country:

 

§  Use online currency conversion tools to compare the value of your country's currency with the value of other countries' currencies. Each week, the Federal Reserve Board lists the currency value of over 20 countries against the value of the U.S. dollar. The rates are not in real time. 

  

§  Check with local banks to learn how to buy currency for another country.

  

§  Use currency exchange booths, exchange vending machines, and ATMs at international airports or train stations. These booths may charge a fee for the exchange service.

 

If you plan to use a credit card or ATM card abroad, the exchange rate may be different than the rates at currency exchange booths.

Cash Limits When Traveling Abroad or Entering the U.S.

 

§  Look up the country or countries you plan to visit for their currency guidelines and country information.

  

§  Find out if you must declare the amount of money you take out of the United States.

 

 

ABOUT VICTORY STATE BANK

VSB Bancorp, Inc. (OTCQX: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island, including the main office in the community of Great Kills and branches in West Brighton, St. George, Dongan Hills and Rosebank.

A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals.

For additional information, Victory State Bank may be reached at 718-979-1100, or visited online at www.VictoryStateBank.com.

Media Contact: 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

6 Basic Cybersecurity Practices You Should Perform

 

With scammers, hackers and identity thieves seeking to obtain your personal information – and your money – it’s increasingly important to protect the information stored on your computer.

To help you safeguard your personal cyber data, Victory State Bank, the only community-based commercial bank on Staten Island, is highlighting the following six are steps you can take to safeguard your personal information:

 

1)      UPDATE YOUR SOFTWARE

Keep your software – including your operating system, the web browsers you use to connect to the Internet, and your apps – up to date to protect against the latest threats. Most software can update automatically, so make sure to set yours to do so.

Outdated software is easier for criminals to break into. If you think you have a virus or bad software on your computer, check out how to detect and get rid of malware.

2)      PROTECT YOUR PERSONAL INFORMATION

Don’t hand it out to just anyone. Your Social Security number, credit card numbers, and bank and utility account numbers can be used to steal your money or open new accounts in your name. So, every time you are asked for your personal information – whether in a web form, an email, a text, or a phone message – think about why someone needs it and whether you can really trust the request.

To steal your information, scammers will do everything they can to appear trustworthy.

3)      PROTECT YOUR PASSWORDS

Here are a few ideas for creating strong passwords and keeping them safe:

- Use at least 10 characters; 12 is ideal for most home users.

- Try to be unpredictable – don’t use names, dates, or common words. Mix numbers, symbols, and capital letters into the middle of your password, not at the beginning or end.

- Don’t use the same password for many accounts. If it’s stolen from you – or from one of the companies where you do business – thieves can use it to take over all your accounts.

- Don’t share passwords on the phone, in texts or by email. Legitimate companies will not ask you for your password.

- If you write down a password, keep it locked up, out of plain sight.

4)      CONSIDER TURNING ON TWO-FACTOR AUTHENTICATION

For accounts that support it, two-factor authentication requires both your password and an additional piece of information to log in to your account. The second piece could be a code sent to your phone, or a random number generated by an app or a token. This protects your account even if your password is compromised.

5)      GIVE PERSONAL INFORMATION OVER ENCRYPTED WEBSITES ONLY

If you’re shopping or banking online, stick to sites that use encryption to protect your information as it travels from your computer to their server. To determine if a website is encrypted, look for https at the beginning of the web address. That means the site is secure.

6)      BACK UP YOUR FILES

No system is completely secure. Copy your files to an external hard drive or cloud storage. If your computer is attacked by malware, you’ll still have access to your files.

Source: The Federal Trade Commission

 

 

 

VSB Bancorp, Inc. (OTCQX: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island, including the main office in the community of Great Kills and branches in West Brighton, St. George, Dongan Hills and Rosebank.

A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals.

For additional information, Victory State Bank may be reached at 718-979-1100, or visited online at www.VictoryStateBank.com.

Media Contact: 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

5 Ways to Protect Against ID Theft

 

Victory State Bank is reminding consumers and small business owners to remain diligent in protecting against identity theft. As stated by the Federal Trade Commission (FTC), identity theft happens. It's an unfortunate fact of modern life. But there are certain steps you can take to help keep your personal information from falling into the wrong hands.

To assist you is keeping tabs on your identity and personal information, the only community-based business bank on Staten Island is sharing these tips from the FTC:

 

1)      Read your credit card and bank statements carefully and often. Know your payment due dates.

 

2)      If a bill doesn't show up when you expect it, look into it.

  

3)      Read the statements from your health insurance plan. Make sure the claims paid match the care you got.

  

4)      Shred any documents with personal and financial information.

  

5)      Review each of your three credit reports at least once a year. It's easy, and it's free.

 

For more tips and tools on dealing with identity theft, visit ftc.gov/idtheft.

 

 

ABOUT VICTORY STATE BANK

VSB Bancorp, Inc. (OTCQX: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island, including the main office in the community of Great Kills and branches in West Brighton, St. George, Dongan Hills and Rosebank.

A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals.

For additional information, Victory State Bank may be reached at 718-979-1100, or visited online at www.VictoryStateBank.com.

Media Contact: 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

 

 

6 Ways for New College Grads to Strengthen Their Future Finances

 

 

If you are a new college graduate, take steps now to strengthen your financial future, advises Victory State Bank.

 According to the American Bankers Association (ABA), more than 70 percent of college graduates began their career owing more than $37,000 in student loans in 2017.

 To assist recent grads faced with additional living expenses on the horizon, Victory State Bank is sharing the following tips from ABA for those seeking financial success as they embark on their next phase of life:

 

 

1)      LIVE WITHIN YOUR MEANS

 Supporting yourself can be expensive, and you can quickly find yourself struggling financially if you don’t take time to create a budget. Calculate the amount of money you’re taking home after taxes, then figure out how much money you can afford to spend each month while contributing to your savings. Be sure to factor in recurring expenses such as student loans, monthly rent, utilities, groceries, transportation expenses and car loans.

 

2)      PAY BILLS ON TIME

 Missed payments can hurt your credit history for up to seven years and can affect your ability to get loans, the interest rates you pay and your ability to get a job or rent an apartment. Consider setting up automatic payments for regular expenses like student loans, car payments and phone bills. Take advantage of any reminders or notification features. You can also contact creditors and lenders to request a different monthly due date from the one provided by default (e.g., switching from the 1st of the month to the 15th).

 

3)      AVOID RACKING UP TOO MUCH DEBT

 Understand the responsibilities and benefits of credit. Shop around for a card that best suits your needs, and spend only what you can afford to pay back. Credit is a great tool, but only if you use it responsibly.

 

4)      PLAN FOR RETIREMENT

 It may seem odd since you’re just beginning your career, but now is the best time to start planning for your retirement. Contribute to retirement accounts like a Roth IRA or your employer’s 401(k), especially if there is a company match. Invest enough to qualify for your company’s full match – it’s free money that adds up to a significant chunk of change over the years. Automatic retirement contributions quickly become part of your financial lifestyle without having to think about it.

 

5)      PREPARE FOR EMERGENCIES

 Hardships can happen in a split second. Start an emergency fund and do your best to set aside the equivalent of three to six months’ worth of living expenses. Start saving immediately, no matter how small the amount. Make saving a part of your lifestyle with automatic payroll deductions or automatic transfers from checking to savings. Put your tax refund toward saving instead of an impulse buy.

 

6)      GET FREE HELP FROM YOUR BANK

 Many banks offer personalized financial checkups to help you identify and meet your financial goals. You can also take advantage of their free digital banking tools that let you check balances, pay bills, deposit checks, monitor transaction history and track your budget.

 

 

ABOUT VICTORY STATE BANK

 VSB Bancorp, Inc. (OTCQX: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island, including the main office in the community of Great Kills and branches in West Brighton, St. George, Dongan Hills and Rosebank.

 A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals.

 For additional information, Victory State Bank may be reached at 718-979-1100, or visited online at www.VictoryStateBank.com.

 Media Contact: 

 Relevant Public Relations, LLC

 Headquarters: 718‑682‑1509

 Mobile: 917‑715‑8761

 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.