Corporate account takeover is a type of fraud where thieves gain access to a business’ finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable. Ephrata National Bank recommends following these tips to keep your small business safe.
Category: Keep Your Money Safe
Every year, millions of consumers fall victim to cybercrime. According to the FBI’s Internet Crime Complaint Center, in 2014, consumers lost more than $800 million from scams initiated through the web. In recognition of Internet Safety Month in June, Ephrata National Bank is highlighting seven tips to help consumers protect themselves from online fraud.
With the 2018 tax season underway, all customers should take extra precaution when filing their return to prevent their exposure to tax fraud.
As banking online continues to grow in popularity, so do the methods in which criminals attempt to commit fraud and scams to obtain information that will allow them to gain access to your accounts.
W2’s and year-end tax information forms have arrived and the tax season is now well underway. As you begin to gather your information to file your taxes, it’s important to remain cautious and vigilant in order to protect yourself from the countless scams and tricks criminals are employing to acquire your identity or assets illegally.
At ENB protecting our customer’s personal and financial information is our first priority. With evolving technology, debit card fraud has become significantly more prevalent across the country. As a result, from time to time it is necessary for ENB to “block” signature based (credit) debit card transactions in certain foreign countries, states or merchant types that have a demonstrated pattern of repetitive abuse and fraud in order to protect customer information.
As we start a new year, now is a good time to take stock of your financial situation and plot a course for achieving financial success. It's also a good time to protect your hard-earned money by reviewing best practices to keep it safe from fraudsters. Here are some tips that will help.