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Zuckerberg 'miscarriage' story prompts outpouring of emotions

Friday, July 31, 2015 4:44 pm

"It's a lonely experience," Mark Zuckerberg says, writing about his wife Priscilla Chan's three miscarriages.

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  • Six Financial Resolutions for 2015

    Tuesday, December 30, 2014

    When the New Year rolls around, we often focus our time and energy on resolutions relating to health and fitness. While these are worthy goals, taking a look at your financial habits is also something you should consider and could result in big payoffs.

    Better yet, setting and reaching financial resolutions may be easier to stick with. According to a recent study, 42% find it easier to pay down debt and save more for retirement than, say, lose weight or give up smoking. Among those who made a financial resolution last year, 29% reached their goal and 73% got at least half way there. Only 12% of resolutions having to do with things like fitness and health do not end in failure, other research shows.

    So make 2015 the year where you simplify your finances and develop healthier financial habits. Here’s 6 quick ways you can do so:

    1. Enroll for direct deposit & remote deposit

    If your employer offers direct deposit, be sure to take advantage of it. It eliminates unneeded trips to the bank and keeps your money working longer for you. Additionally, be sure to take advantage of a newer convenience, remote deposit, that allows you to deposit checks via simply taking a picture of it on your smartphone or tablet! Our mobile app offers that capability for you.

    2. Establish an automatic savings plan

    The odds are if you have money accessible and ready to spend, you will end up spending it. One way around this is to set up automatic saving from each paycheck. Regular, automatic transfers to a savings account will add up and will reduce the temptation to spend money on things you may not need.

    3. Pay bills electronically

    Eliminate the tedious task of writing checks and mailing them by utilizing electronic bill pay online! This is a great feature that financial institutions offer (including MutualBank) that allows you to designate payees, amounts to be paid, and dates payments need to be sent. With a few clicks, your bill payments will be sent in the mail, saving you the time of physically mailing a check yourself!

    4. Consolidate your financial relationships

    Dealing with one financial partner that has a complete view of your financial picture makes everything easier and comes with lots of benefits. And in our case, a unique benefit that we offer is loyalty pricing for current customers on select direct loans.

    5. Build a savings safety cushion 

    Having savings for unexpected expenses or life transitions like career switches can reduce a lot of stress and uncertainty about the future. Start to develop a financial cushion in 2015 for your peace of mind!

    6. Review your investments

    If you’re considering investing or have been for some time, it’s a good idea to meet with a financial adviser to review your strategy and investigate ways to better meet your financial goals. Be sure to consider MutualFinancial if you haven't already!

    Feel free to contact us or visit any one of our financial centers if you would want further assistance with any of these tasks!

  • 5 Easy Tips to Make Secure Online Purchases

    Monday, December 1, 2014

    Purchasing holiday gifts online curled up under a blanket and sipping hot chocolate sure beats braving the elements and shopping crowds sometimes.

    But with the added convenience of online shopping comes some increased risk of valuable information being stolen, such as credit card numbers or your account log in information for online retailers.

    With the holiday season and Cyber Monday upon us, here are 5 easy tips to keep in mind when making any online purchase:

    1. Make sure the device you are using is secure.

    Use an antivirus program that is set to automatically update. It is also a best practice to install all the latest updates of your operating system as well as updates to all programs you have installed. Apple, Microsoft, and other software providers regularly release updates to protect against all types of security risks.

    2. Make sure the wireless network you’re on is secure.

    Many public wireless networks offered by businesses, while convenient, are not always the most secure. When making a purchase online, make sure the network you are on is using some sort of security measure that requires you to enter a password to connect. The latest and most secure wireless network encryption is WPA2-CCMP. If the network is not secured, it’s best to purchase online from a secured network.

    3. Make sure the retailer’s website is secure.

    When shopping online, always look in the address bar for https:// at the beginning of a web address. The “s” used in “https” signifies an encrypted connection from your computer to the company’s webserver. This is used to pass sensitive data between the two devices and prevents criminals from snooping the contents of the information sent (credit card number, SSN, etc.).

    4. Use strong and unique passwords.

    If you’re like the majority of individuals, you probably have 2-3 passwords that you use for all of your online accounts. While these are easy to remember, this isn’t a best practice. If someone discovers your password(s), they now have access to many of your important accounts. We instead recommend using unique and strong passwords for all your online retailer accounts. Strong passwords generally contain a combination of upper and lower case letters, numbers, and special characters (!, #, *, etc.).

    5. Watch for phishing emails.

    During the holiday season, the amount of phishing emails sent out increases as many criminals seek to falsely represent retailers. If an email looks suspicious or asks for your account information, do not open it or click on any links inside of it. Additionally, the majority of retailers will never include attachments in their emails but phishing emails sometimes do so don’t open any suspicious attachments.

    Stay warm and stay safe this holiday season!

  • Interesting Facts About Computer Security

    Tuesday, August 5, 2014

    In light of the fun fact countdown we have been posting for our 125th Anniversary, our Information Security Department has put together a list of interesting facts about computer security. While they aren't "fun", they should give you an idea of how important it is to take proactive steps to protect you and your data!

    • The first recorded “hackers” were from 1878, only 2 years after the telephone was invented, a group of teenagers were running switchboards for telephones.  They were later fired because they were more interested on how the telephone system worked then making proper connections.  They tried to hack the system to see how it worked.
    • The largest data breach is history was in 2007 where at least 160 million credit and debit card numbers were stolen and a loss of around $200 million as a result.  Albert Gonzalez, one of the persons behind the data breach, was prosecuted and sentenced to 20 years in prison.

    • 3 out of 4 Americans will be a victim to cyber-crime.

    • Data breach investigations increased 54% from 2012.

    • The United States is number one in cyber-crime victims at a whopping 59%.  After that is the United Kingdom at 14%.

    • Retail is the top industry that has been compromised at 35% of all cyber-attacks.

    • The top malware hosting country is the United States at 42%.

    • The most exploited program for vulnerabilities is Java at 78% of all vulnerablities.

    • 85% of all exploits were third-party programs. 

    • The median number of days for a victim of cyber-crime to know they have been compromised is 87 days.

    • 31% of all compromises were a result of weak passwords.

    • The top 5 compromised passwords in 2013 were:

    - 123456
    - 123456789
    - 1234
    - Password
    - 12345

    • Spam still accounts for 70% of all inbound emails in 2013.

    • 58% of spam e-mail contains information about pharmaceuticals.

    • The top malicious e-mail subject line in 2013 was “Some important information is missing”.

    • The top 6 vulnerabilities

    - SQL Injection
    - Cross-Site Scripting
    - Use of Default Passwords
    - Configuration Issues
    - Weak Encryption Ciphers
    - Denial-of-Service

    • 100% of all mobile apps have had vulnerabilities in them ranging from low severity to critical severity.

    • 68% of mobile vulnerabilities create information leakage which is the highest of mobile vulnerabilities.

    • From 2008 until now, an estimated $1 trillion dollars of data was stolen around the world due to cyber-crimes.

    • In 2009 the world’s largest bot net, a large group of “zombie” computers, were run by Ukrainian gangs with a total of 1.9 million zombie computers from all around the world.

    • 5 cyber-criminals are on FBI’s most wanted list and are responsible for losses ranging from $350,000 - $100 million.

    • The United States loses around $100 billion a year due to cyber crimes.

    • More than 600,000 Facebook accounts alone are compromised every day.

    • 33.63% computers are affected by malware.

    - 78.92% are Trojans
    - 10.78% are worms
    - 7.44% are viruses
    - 2.69% are adware
    - 0.17% are other malware



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