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- Published: Thursday, 28 January 2016 11:39
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Victory State Bank Shares 4 Simple Steps to Stop a Cyber Thief
Commercial Bank on Staten Island Raises Awareness for Data Privacy Day, Jan. 28
STATEN ISLAND, N.Y. – In recognition of today (Jan. 28) being National Data Privacy, Staten Island’s only community-based business bank is urging consumers to take an active role in protecting their data.
“Victory State Bank’s first priority is to protect our customers’ money and their financial data,” said Ralph Branca, president and CEO of Victory State Bank. “We use a combination of safeguards to protect our customers’ information, and we encourage our customers to partner with us in that effort.”
To help ensure the safety of personal information, Victory State Bank suggests following these four tips:
1) Create complicated passwords. Avoid birthdays, pet names and simple passwords like 12345. It is also important to change passwords at least three times a year. Because friendly theft – theft by someone the victim knows – is the most common type of identity theft or fraud, don’t share your passwords with family members and be mindful of who has access to your personal information.
2) Keep tabs on your accounts. Check account activity and online statements often, instead of waiting for the monthly statement. You are the first line of defense because you know right away if a transaction is fraudulent. Sign up for text or email alerts to be notified of transactions over a certain dollar amount or online transactions. If you notice unusual or unauthorized activity, notify your bank right away. When a customer reports an unauthorized transaction in a timely manner, the bank will cover the loss and take measures to protect the account.
3) Stay alert online. Be sure computers and mobile devices are equipped with up-to-date anti-virus and malware protection. Never give out your personal financial information in response to an unsolicited email, no matter how official it may seem. Your bank will never contact you by email asking for your password, PIN, or account information. Only open links and attachments from trusted sources. When submitting financial information on a website, look for the padlock or key icon at the top or bottom of your browser, and make sure the Internet address begins with “https.” This signals that your information is secure during transmission.
4) Protect your mobile device. Use the passcode lock on your smartphone and other devices. This will make it more difficult for thieves to access your information if your device is lost or stolen. Before you donate, sell or trade your mobile device, be sure to wipe it using specialized software or using the manufacturer’s recommended technique. Some software allows you to wipe your device remotely if it is lost or stolen. Use caution when downloading apps, as they may contain malware and avoid opening links and attachments – especially from senders you don’t know.
Tips for Victims:
If you are a victim of fraud and suspect your personal information has been compromised, you should take the following steps:
§ Call your bank and credit card issuers immediately so they can take necessary steps to protect your account.
§ File a police report and call the fraud unit of the three credit-reporting companies.
§ Consider placing a victim statement in your credit report and a fraud alert on your account.
§ Keep a log of all the contacts you make with authorities regarding the matter. Write down names, titles, and phone numbers in case you need to re-contact them or refer to them in future correspondence.
§ Contact the FTC’s ID Theft Consumer Response Center at 1-877-ID THEFT (1-877-438-4338) or www.ftc.gov/idtheft.
Data Privacy Day commemorates the 1981 signing of the first legally binding international treaty dealing with privacy and data protection. It is led by the National Cyber Security Alliance, a non-profit, public private partnership focused on cybersecurity education for all online citizens.
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: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at www.VictoryStateBank.com.