Latest data breach information

 

 

How can I best protect my sensitive financial information?  As your community bankers, we want you to be alert when it comes to protecting your sensitive financial information and know how to be safe online.

Follow these valuable tips when it comes to taking proactive security measures:

  • be sure to use unique passwords for all financial online accounts; never share or duplicate usage of your password, account number, PIN or answers to security questions
  • monitor all of your financial accounts and report any suspicious activity, such as false or multiple charges,
    to The Bank of Mauston right away
  • do not save credit or debit card, banking account or routing numbers, or other financial information on your computer, phone or tablet
  • be vigilant about using a password on mobile devices; be sure to set your devices to automatically lock after a selected period of time to ensure no one can access your smartphone, tablet or laptop
  • do not provide your secure financial information over the phone or internet if you are unsure of who is asking for it; remember The Bank of Mauston will NEVER contact you asking for personal banking information,
    assume any call like this is fraudulent, hang up and call The Bank of Mauston right away
  • be aware of the location of your mobile devices at all times and only log on financial websites when you have a secure, safe and trusted internet connection

Does The Bank of Mauston offer something to help protect my identity?  YES!  The Bank of Mauston currently offers Secure Checking as its flagship checking account.  With this checking account you not only receive great financial benefits such as  NO FEE  money orders and debit cards, but you also receive comprehensive identity theft protection that proactively works to protect your good name.  Some of the features include up to $10,000 in identity fraud expense reimbursement, 3-in-1 credit file monitoring and reporting and total identity monitoring.  For more details on this exclusive club account, click here or contact a customer service representative at any one of The Bank of Mauston’s six convenient locations.

INTERNET  EXPLORER  AND  YOUR  ONLINE  BANKING

Microsoft ended support of Internet Explorer 8.0 on April 8, 2014.  This means that Microsoft is no longer maintaining Internet Explorer 8.0, 7.0, or 6.0 to properly display web pages, or for any data security vulnerabilities.  This may eventually lead to compatibility issues when you are accessing your online banking account. 

We encourage you to upgrade your Internet Explorer version to 9.0 or higher to access online banking.  To check your current browser version from any web page, you may choose Help and About Internet Explorer.  IMPORTANT  NOTE:  IF  YOU  ARE  RUNNING  WINDOWS  XP,  WHICH  IS  NO  LONGER  SUPPORTED  BY  MICROSOFT,  YOU  WILL  NEED  TO  INSTALL  EITHER  GOOGLE  CHROME  OR  MOZILLA  FIREFOX  TO  AVOID  COMPATIBILITY  ISSUES.  If you have any questions, please contact The Bank of Mauston’s Bookkeeping Staff Members at 608-847-6200.

Click to Install Google Chrome

Click to Install Mozilla Firefox

For more tips on our online banking please click on the link below to see our Online Banking FAQs page:

Online Banking FAQs

Phishing Links
Just like on your PC or tablet, your smartphone allows you to click on links via a text message or email.
If you receive a text message or email with a link to your bank, do not click on it.  Chances are, it didn’t come from your bank.  When in doubt, call the institution.  Otherwise, access your online banking from the link provided by your bank, not the one that is delivered to your email or text message.

Free WI-FI
A lot of smartphones are designed to allow you to save on your data plan by accessing free wireless internet if there is one available.  Be careful of accessing your online banking from free wireless hot spots as they are not secure and your account can be compromised.  Only access your online banking from a smartphone from encrypted connections or make sure that you disable the wi-fi on your smartphone and use the cellular network.

Malware
Currently, smartphones are less likely to be infected with malware than a regular PC.  There are apps out there, though, that contain malware.  Before downloading an app, make sure that the developers are reputable.  Google the name of the app and see if it has been found to contain any malware.

Lock It
If you plan on doing online banking from your smartphone, you should have some type of locking mechanism so that if it falls into the wrong hands, they don’t have instant access to any personal information on the phone.

Keeping your business accounts safe at the Bank of Mauston is a priority for us as well as you.

Additionally, here are some tips to help you keep your
financial information secure at your business location:

Keep your financial information separate from your regular information.
Try to keep the computer equipment that does your financial operations different from your day-to-day operations.  By segregating the information from everything else it reduces the chances of it being compromised.

Use strong passwords that need to be changed.
You should utilize usernames and passwords for people who have access to your confidential data.
The passwords should be strong passwords (at least 10 digits, using letters numbers and special characters) and should be set to change periodically to reduce the risk of unauthorized access.

Practice dual control.
Make sure that it takes more than one person to initiate wire transfers or to do ACH transactions at your business.  This reduces the chances of employee fraud as well as a good safety check that your financial transactions are processed correctly.

Use good antivirus and malware software.
Make sure that your computer systems are protected with good antivirus software
that is set to update automatically.

Train your staff.
A key component of good security is education.  Invest in educating your employees on good security practices regarding internet browsing and email, especially those that relate to phishing and pharming. 

Identity theft is defined as the misuse of another person’s identifying information.  In true identity theft, an identity thief uses another person’s Social Security number and other identifying information to fraudulently open new accounts for financial gain.  Victims may be unaware of the fraud for an extended period of time,
which allow the criminal to continue the ruse for months or even years.

When the criminal has control of the victim’s identity, he or she can use that identity to:

  • Obtain credit fraudulently from banks and retailers
  • Steal money from the victim’s existing accounts
  • Apply for loans
  • Establish accounts with utility companies
  • Rent an apartment or home
  • Obtain a job
  • Receive medical care
  • Create a criminal record
  • Achieve other financial gain

For more information please visit our Identity Theft page

Please remember that The Bank of Mauston will NEVER call you and ask you to provide us with
personal information.  If someone calls you and claims to be from The Bank of Mauston and asks
you for personal information, do not give out any information, end the call and contact a
customer service representative at any one of our six convenient locations immediately.