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China's rubber-stamp parliament: 3 things you need to know

Wednesday, March 4, 2015 8:26 pm

Three thousand delegates have gathered in Beijing to kick off China's annual rubber-stamp parliamentary meetings.

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  • Safety and Social Media

    Wednesday, February 27, 2013

    Social Media sites such as Facebook, Twitter, LinkedIn, Google+, and others have exploded in growth over the last few years.  Most of us have several social media accounts and use them frequently to communicate with others.  As with any online activity, social media does have risks so we do have to follow best practices when using social media sites.

    By following these guidelines you can greatly reduce risk in social media:

    • Manage your accounts – make sure that you change your passwords often and don’t use the same password for all social media sites.
    • Secure your accounts – social media sites update security systems frequently so make sure that you periodically review your account security settings and limit the amount of information you share publicly with non-friends.
    • Online scams - Facebook scams such as free gift cards, phony charities, and “watch this amazing video” are all used to trick people into divulging private information to steal identities.  Sites like Facecrooks can help alert you to current scams that are circulating via Facebook.
    • Keep anti-virus/anti-malware applications up to date on your computers and phones.
    • Making friends – Make sure you use caution when accepting new friend requests on social media sites.  We’re seeing an increase of fraudulent social media profiles of people posing to be from companies where they actually don’t work.
    • Verify friend requests from businesses – If you haven’t conducted business with a person requesting friendship then don’t accept the request.  If you are unsure then call the business to verify the person is with that company.
    • If you do call, use the phone number you have on record from a business card or phonebook.  Do not use any information contained within the requesting persons profile as it may be false.
    • MutualBank will not ask for personal, financial, or username and password information over social media channels.
    • If you suspect any of your social media profiles have been compromised, change your password immediately and call the customer support number listed on the social media site to report it.

    Remember, you can call us anytime. Let us know if you have questions or concern for your bank accounts. Call 800-382-8031or email customersupport@bankwithmutual.com.

     

    This blog is brought to you by John Mickle of Risk Management and Compliance.

  • Practice Safe Holiday Shopping

    Tuesday, December 4, 2012

    The holiday shopping season is in full swing!  Are you ready?  Do you still have lots of shopping to do?  Have you already shopped on Black Friday, Small Business Saturday, Cyber Monday, or all three?  Chances are that many of us still have plenty of shopping left to do before Christmas and that will be inter-mingled with work and family gatherings as well as travel both short and long trips.

    In the middle of all of this activity, it’s very important to keep track of your holiday spending habits especially when shopping online and travelling over the holidays.  Doing so will help protect your money and reduce the risk of fraudulent transactions occurring.

    Following these guidelines can make your holiday shopping and travel more financially secure:

    • Use a low limit credit card for online shopping.  Your liability is $50 on fraudulent charges using your credit card.
    • Know who you’re shopping with.  Be leery of unknown or obscure shopping websites.  Stick with well-known shopping sites from reputable retailers.
    • If it’s too good to be true…it probably is.  Don’t fall for incredibly cheap or free deals commonly seen on Facebook.
    • Look for the padlock and https on your Internet browser window.  Secure online shopping sites should use the SSL (Secure Sockets Layer) technology for securing online transactions.  You should see a padlock icon at the bottom or top of the browser status bars that you are using and https in the address bar.
    • Make sure that computers and smart phones used for online shopping are patched with the most up to date software.
    • Try not to conduct online shopping on public WiFi networks.
    • Use anti-virus / anti-malware software on your PC and smart phones and make sure they are updated.  This can help prevent a virus infection if you happen to end up on a bogus shopping site.
    • Make sure you use online banking to check your shopping activity and don’t wait for a mailed statement to arrive to verify online shopping activity. By the way, have you signed up for MutualBank’s online banking?  Learn how to get started.
    • Use your statements, MutualMobile or MutualBank’s Personal Online Banking to review transactions…are you signed up for eStatements yet?  Get your statements quicker via email!
    • View your cleared checks to make sure they were not altered in any way to change the payees or dollar amounts.
    • If you swipe your card, check the card reader especially on gas pumps, ATMs, and other self-service payment terminals for card skimming devices…see ABC News “Credit Card Skimming Tips To Protect Yourself” for more information.  It is simple…just lightly tug on the card reader to ensure that it’s secure before swiping your card.  A card skimming device will easily pull off as it’s usually taped or lightly glued on top of the existing card reader.  If the reader pulls off do not use the machine and report it immediately to authorities. 
    • Travelling over the holidays and planning on using your MutualBank debit card?  Make sure you Call Before You Travel to ensure uninterrupted debit card use!

    Remember that you are the best defense against online shopping fraud!  If you suspect that you have been scammed please call MutualBank Customer Support at 800-382-8031. Also please report any online fraud to the Internet Crime Complaint Center.

    Have a safe and happy holiday season from MutualBank, helping you live a better life!

     

    This post is written by John Mickle, Risk Management and Compliance at MutualBank

  • Email Phishing - Protecting Your Home and Small Business Computers

    Monday, November 5, 2012

    Whether you own a small business or use your home computer for financial activities, you need to be aware of Email Phishing which can ultimately lead to identity theft and corruption of your small business and home computers. 

    What is Email Phishing?
    Phishing emails are crafted to appear as if they have been sent from a legitimate organization or known individual. These emails often attempt to entice users to click on a link that will take the user to a fraudulent website that appears legitimate. – United States Computer Emergency Readiness Team (US-CERT)

    Common forms of Email Phishing
    Phishing emails are becoming very personalized posing as your cable company, utilities, credit cards, mobile phone carrier, banks, and many more entities that you do business with on a regular basis.  The most common threat of Email Phishing right now is malware.  If you click on a link inside of an email that was intended for phishing; your computer can become infected with malware.  The malware will attempt to steal your personal information, usernames and passwords to systems such as online banking.

    Trigger events that can lead to Email Phishing
    Here are some trigger events that fraudsters may try to leverage with Phishing Emails.

    • Natural disasters (Hurricane Sandy, Southern Indiana tornados)
    • Political elections
    • Holidays
    • Economic conditions
    • Tax season

    Here are some steps to take in order to protect you against Phishing.

    • Make sure that email spam/junk filters are turned on and configured properly.  Consult with your email provider or IT specialist for assistance.
    • Do not click on links or open attachments in suspicious looking emails.  Delete them immediately and tag them as spam/junk within your email system.
    • Log into your known sites from your web browser to verify if an email is legitimate as the links in emails can be easily spoofed to go somewhere other than where it looks like it will go.
    • Be leery of unsolicited emails asking for personal information or presenting links to click on in order to update account information, track orders, overdue bills, cancelled ACH/Wire transactions, etc.
    • If something sounds too good to be true, then it probably is.
    • Do not email sensitive information in email unless it is encrypted.  Banks and other businesses should provide secure email systems to communicate regarding account information.
    • Do not store usernames/passwords, account information, SSN numbers, or other personal information in your email systems as if you do become infected with malware it will attempt to scan your email for this information.
    • Make sure that you have anti-malware/virus programs installed on small business and home computers and they are always updated and perform frequent scans.
    • Make sure that you keep other programs such as Java, Adobe programs, Internet browsers, and other online programs updated with the most current patches.

    More information about Email Phishing and Cybersecurity
    Here are some good web sites to obtain more information about email phishing.

    http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt127.shtm
    http://www.us-cert.gov/nav/report_phishing.html
    http://www.dhs.gov/cybersecurity

    Information about anti-malware programs
    MutualBank does not endorse the products listed below and are provided as examples of free anti-virus/malware detection and removal tools.

    http://free.avg.com/us-en/homepage
    http://windows.microsoft.com/en-US/windows/products/security-essentials
    http://www.sophos.com/en-us/products/free-tools.aspx

    Remember, you can call us anytime. Let us know if you have questions or concerns for your bank accounts. Call 800-382-8031or email customersupport@bankwithmutual.com.

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